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Tag Archives: zimbabwe

Zimbabwe set to introduce gold-backed digital currency

Harare, Zimbabwe  | Xinhua | The Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to reduce demand for the U.S. dollar as the local currency continues to tumble, the state-run newspaper Sunday Mail reported Sunday. The digital gold tokens, a form of electronic money backed by gold …

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Zimbabwe orders precautionary measures to tackle cyclone Freddy

Harare, Zimbabwe | Xinhua | The Zimbabwean government on Wednesday ordered precautionary measures be implemented due to tropical cyclone Freddy, which is expected to hit the country by the end of this week. The government ordered boarding and day schools in areas on the path of the cyclone to suspend on …

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Zimbabwe launches special fund to boost gold production

Harare, Zimbabwe | Xinhua | Zimbabwean Finance Minister Mthuli Ncube on Wednesday launched a 10-million-U.S.-dollar revolving facility to support value addition and beneficiation by artisanal and small-scale gold miners (ASGM) who account for the bulk of gold produced in the country. Ncube said at a press conference that 5 million dollars will …

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Zimbabwean President hails robust progress made in stabilizing economy

Harare, Zimbabwe | Xinhua | Zimbabwe’s economic activity remains robust, as evidenced by strong foreign currency receipts, Zimbabwean President Emmerson Mnangagwa has said. Writing in his weekly column Sunday in the state-run Sunday Mail newspaper on his reflections on the Reserve Bank’s 2023 Monetary Policy Statement, Mnangagwa said the country’s balance of …

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Zimbabwean authorities nullify results for 5,000 examination cheats

Harare, Zimbabwe | Xinhua | The Zimbabwe School Examinations Council (ZIMSEC) has nullified the results of nearly 5,000 Ordinary Level candidates for alleged cheating during the 2022 end of year public examinations. State-controlled newspaper the Herald reported Saturday that 4,961 candidates had their results nullified after ZIMSEC established that they had accessed question …

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Zimbabwe to conduct second measles vaccination campaign

Harare, Zimbabwe | Xinhua | Zimbabwe will roll out the second phase of the measles vaccination campaign in the most affected districts, starting next Monday, the Ministry of Health and Child Care said Friday. The campaign will run from Jan. 30 to Feb. 10 targeting children aged five years to below 15 …

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