HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.

But trust, once repeatedly broken, is slow to rebuild. Until policy consistency is demonstrated over time — across political cycles, fiscal pressures and external shocks — the US dollar will remain ...

(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...

Zimbabwe’s annual inflation rate fell to single digits for the first time since 1997, a development authorities say is ...

Zimbabwe’s central bank on Friday said its beleaguered local dollar will be replaced by new currency backed by gold, other precious metals and foreign currencies. Zimbabwe Gold, or ZiG, will “foster ...

JOHANNESBURG (Reuters) - Zimbabwe's consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in the southern African ...

Read full article: 1 person hurt after a small plane crashed into power lines in Melbourne A map pulled from South Florida Water Management District shows the area where Universal wants to make ...

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HARARE, Zimbabwe — Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar illuminated ...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...