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ZiG hits record high against US dollar
23 mai, par Charles RukuniZimbabwe’s new currency, the ZiG, today hit a new record high against the United States dollar when it was pegged at 13.2183. The currency launched on 5 April has been met with some scepticism largely because of the history of failed currencies Zimbabwe has introduced since the West imposed (...) -
ZiG continues to hold its own
17 mai, par Charles RukuniThe Zimbabwe Gold, ZiG, continued to firm against the United States dollar ending the week at 13.3975 up from 13.4825 at the beginning of the week. The currency, introduced six weeks ago, on 5 April, is stronger than when it started trading on 8 April when it was pegged at 15.5616. It is still (...) -
Zimbabwe requires 46 000 tonnes of grain a month to feed those without food
16 mai, par Charles RukuniZimbabwe will be issuing 7.5 kg of grain a month to each of the six million people that are in need of food in the rural areas, making a total of 46 000 tonnes, Agriculture Minister Anxious Masuka told Parliament yesterday. But because of transport and logistical problems, Masuka said the (...) -
Stability of ZiG critical to reduce demand for use of US dollar
15 mai, par Charles RukuniThe stability of Zimbabwe’s local currency, the Zimbabwe Gold (ZiG), is critical if the country wants to reduce demand for the use of the United States dollar. Zimbabwe is currently using a multi-currency system but this is dominated by the United States dollar which accounts for 85% of (...) -
More than half Zimbabwe population will need food aid
15 mai, par Charles RukuniMore than half of Zimbabwe’s population will need food aid between this month and March next year, the Zimbabwe government says, but the private sector has the capacity to import enough grain. In a post-cabinet briefing yesterday, Information Minister Jenfan Muswere said 6 million people in (...)