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A service for banking industry professionals · Sunday, November 3, 2024 · 757,325,308 Articles · 3+ Million Readers
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Zimbabwean Dollar (ZWD) News Monitoring

  • Published on Oct 31, 2024

    Tanganda Tea Company considers move to US dollar-denominated VFEX amid currency volatility concerns 

    ZIMBABWE – Tanganda Tea Company Ltd., Zimbabwe’s largest tea producer and distributor, is evaluating a potential shift from the Zimbabwe Stock Exchange (ZSE) to the United States dollar-denominated Victoria Falls Stock Exchange (VFEX) to mitigate currency …

    Source: Food Business Africa Magazine - Label Pending
  • Published on Nov 1, 2024

    BRICS can give Zimbabwe a voice

    The expanded BRICS bloc, also referred to as BRICS Plus, an emerging body of Global South countries which was founded by Brazil, Russia, India, China and South Africa but has since grown with new members — and up to 40 countries applying to join — is being …

    Source: The Herald (Zimbabwe) - Pro-Government
  • Published on Nov 1, 2024

    Distell associate unit weathers Zimbabwe storms to raise volumes, revenues

    African Distillers (Afdis) grew volumes and revenues for the full-year to the end of September despite volatility obtaining in Zimbabwe’s economy and characterised by currency and pricing uncertainty. Zimbabwean beer brewer, Delta Corporation and Distell …

    Source: IOL - Uncategorized
  • Published on Nov 1, 2024

    Cathy Buckle: Of comets, five dollar notes and tea bags

    In the twilight of a humid October evening, Cathy Buckle reflects on the rare sight of Comet Tsuchinshan-ATLAS—a beautiful distraction from the ongoing economic challenges in Zimbabwe. Amidst sky-watching, vivid descriptions of nightjars and bats, and a …

    Source: Politicsweb - Right-wing
  • Published on Nov 1, 2024

    ‘Banking sector struggling amid currency volatility’

    “Zimbabwe’s banking structure has changed. We no longer have a vibrant money market,” he said. RENOWNED banker and entrepreneur Nicholas Vingirai issued a stark warning this week, cautioning that the country's fragile sectors, including financial, …

    Source: The Standard - Label Pending
  • Published on Oct 31, 2024

    Of Comets, Five Dollar Notes And Tea Bags

    Sitting in the twilight at the end of a hot and humid October day I looked out at the caramel glow descending across the early evening sky. There had been a light rain shower earlier and now hundreds of flying ants were rising out of the ground, their …

    Source: The Zimbabwean - Uncategorized
  • Published on Oct 31, 2024

    Tanganda Tea Company Considers ZSE Delisting, Eyes VFEX for US Dollar Stability

    Harare – Tanganda Tea Company Limited is set to review a potential delisting from the Zimbabwe Stock Exchange (ZSE) and consider a move to the United States dollar-denominated Victoria Falls Stock Exchange (VFEX). The company’s board of directors announced …

    Source: The Zimbabwe Mail - Neutral
  • Published on Oct 31, 2024

    Weak currency key to economic growth, says Mthuli Ncube

    Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has defended Zimbabwe's weak domestic currency, asserting that it has played a crucial role in fostering economic growth. Speaking at a signing ceremony for four financing …

    Source: Bulawayo 24 News - Neutral
  • Published on Oct 31, 2024

    Zimbabwe’s Economy Shows Resilience Amid Currency Volatility, Says Finance Minister

    Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube (right) and European Union Ambassador to Zimbabwe Jobst von Kirchmann exchange documents after signing financing agreements in Harare yesterday. — Picture: Charles …

    Source: The Zimbabwe Mail - Neutral
  • Published on Oct 31, 2024

    Here's the country with the most worthless currency in the world

    In every country, their currency is the medium of exchange and a means of identification, but this is not the case in Zimbabwe. They don’t even use it as a medium of exchange Since 2009, Zimbabwe uses other currencies, forgoing its own after the …

    Source: Pulse - Neutral
  • Published on Oct 31, 2024

    Weak currency key to economic growth: Mthuli

    Finance, Economic Development and Investment Promotion minister Mthuli Ncube (right) and EU Ambassador to Zimbabwe Jobst von Kirchmann pose for a photo during the signing on ceremony of the financing agreements for the 2024 annual action plans between the …

    Source: NewsDay Zimbabwe - Uncategorized
  • Published on Oct 30, 2024

    'Sovereignty ego maintaining Zimbabwe's ailing ZiG'

    Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu, a development practitioner, economic commentator, and …

    Source: Bulawayo 24 News - Neutral
  • Published on Oct 30, 2024

    Zimbabwe: Five reasons why the ZiG currency faces doom

    When Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG) launched on 5 April, it was marketed as a catch-all solution to Zimbabwe’s currency woes. But the latest recalibration of the country’s monetary system brought little stability and has become …

    Source: Africa Report - Neutral
  • Published on Oct 30, 2024

    Starlink Suspends New Kit Sales and Subscriptions in Malawi Due to Currency Pricing and Regulatory Issues; Similar ...

    Starlink has suspended the sale of new Residential Subscriptions and some Business Subscriptions in Malawi. The suspension follows the Malawi Communications Regulatory Authority (MACRA)’s rejection of a subscription price increase to match the devalued …

    Source: Techzim - Uncategorized
  • Published on Nov 2, 2024

    The day Parly, Cabinet slept

    They conspired in their greediness and lack of servant leadership to let the clock run down on the legality of the local currency Zimbabwe Gold (ZiG). ZIMBABWEAN politicians and senior civil servants don’t care a hoot about development or the chaos they …

    Source: NewsDay Zimbabwe - Uncategorized
  • Published on Oct 31, 2024

    Economy registers three-year growth, says Prof Ncube

    Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, …

    Source: Bulawayo 24 News - Neutral
  • Published on Oct 30, 2024

    Zim Economy Claims One More Business

    Zim Economy Claims One More Business By A Correspondent| Choppies Enterprise Limited is considering pulling out of Zimbabwe, citing financial strain caused by the instability of the Zimbabwe Gold (ZiG) currency, introduced in April to replace the …

    Source: Zim Eye - Uncategorized
  • Published on Oct 30, 2024

    EcoCash boosts diaspora remittances with new free cash-out service

    Business Correspondent ECOCASH, Zimbabwe’s largest financial technology platform, has introduced an innovative service that allows customers to receive and cash out diaspora funds for free. The innovative feature eliminates fees and ensures funds are …

    Source: The Chronicle (Zimbabwe) - Gov't Propaganda
  • Published on Oct 30, 2024

    Tanganda Tea Company eyes VFex listing

    Nqobile Bhebhe, [email protected] TANGANDA Tea Company, a horticulture firm listed on the Zimbabwe Stock Exchange (ZSE), has announced its plan to transition to the United States dollar-denominated Victoria Falls Stock Exchange. Shareholders have been …

    Source: The Chronicle (Zimbabwe) - Gov't Propaganda

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