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The gold-backed Zimbabwe Gold (ZiG), introduced in April 2024, is the country’s sixth currency experiment since 2008. Zimbabwe holds Africa’s largest lithium reserves, making it a key participant in the international vitality transition, whereas gold manufacturing alone accounts for roughly half of all export revenue. KEY HIGHLIGHTS Zimbabwe open for business President Mnangagwa invited world buyers to companion with Zimbabwe via honest and transparent investment. The nation, he mentioned, continues to register progress with regard to…
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- Annual inflation fell to single digits for the primary time in nearly three decades in early 2026, and the Reserve Bank of Zimbabwe has introduced redesigned higher-denomination banknotes.
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Neighbourhood Watch Committee Members In Court For Assaulting A Person To Dying
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Wealthy in pure resources including gold, platinum, chrome, diamonds, and lithium, the mining sector generates over 60 per cent of export earnings and underpins the broader economic system. Latest news on Zimbabwe, covering politics, economic system, gold and lithium mining, ZiG currency, ZANU-PF, Mnangagwa, elections, human rights, Harare, and Bulawayo. PRESIDENT Mnangagwa continues to walk the talk in his drive to modernise public well being establishments, with Authorities distributing 63 AutoQuant laboratory machines to district hospitals throughout the country to enhance access to healthcare in rural… PRESIDENT Mnangagwa has declared that Zimbabwe has secured its place within the international value chain by transitioning from a mere supplier of raw supplies to a competitive producer of processed goods—marked by the country’s inaugural export of lithium… THE Second Republic’s strategic initiatives to ascertain a gold-backed basis for the economy are producing substantial outcomes, President Mnangagwa has said.
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