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1 hour ago · The second had to be abandoned again in August 2008, and its replacement currency (ZWR) became obsolete due to ongoing hyperinflation only 6 months later, resulting in a third replacement currency (ZWL). The ZWL was formally demonetised in 2015, and Zimbabwe generally relies on a variety of foreign currencies for local trade.
5 hours ago · Govt Committed To Saving Zimbabwe Dollar, Says Kuda Mnangagwa. 6 minutes ago Thu, 28 Mar 2024 11:06:25 GMT. Deputy Minister of Finance, Economic Development, and Investment Promotion, David Kudakwashe Mnangagwa, has addressed growing concerns over the sudden surge in Zimbabwe’s exchange rate. In a statement issued this Thursday, March 28 ...
16 hours ago · On top of the list of defaulters is the Zimbabwe Electricity Transmission Distribution Company (ZETDC) which has arears of ZWL65 billion, the Zimbabwe Power Company (ZWL26 billion), ZESA Holdings ...