Diplomatic Trade Alliances: How Africa’s regional partnerships are shaping the economy

Discover more Botswana Finance & Economy Zimbabwe Diplomatic Trade Alliances: How Africa’s regional partnerships are shaping the economy Mugaviri May 3, 2024 0 Finance & Economy News Strategy and Development Zimbabwe Zimbabwe’s Leap into Stability: The New Gold-Backed ZiG Currency Mugaviri April 5, 2024 0 In a bold move to stabilize its economy, Zimbabwe has […]

Zimbabwe’s Leap into Stability: The New Gold-Backed ZiG Currency

Image of Zimbabwe's reserve bank building in Harare Zimbabwe

In a bold move to stabilize its economy, Zimbabwe has introduced a new gold-backed currency named ZiG, an acronym for “Zimbabwe Gold”. This innovative financial instrument aims to address the country’s long-standing economic challenges, including hyperinflation and currency devaluation.

Australia’s Invictus Energy in Talks with Zimbabwe: A Promising Energy Partnership

  Australia’s Invictus Energy is currently engaged in discussions with Zimbabwe regarding a product-sharing agreement. This agreement stems from Invictus’s recent gas discoveries in the northern part of Zimbabwe. The company announced two separate gas findings at the Mukuyu-2. well, which is part of its 80%-owned Cabora Bassa project (an energy initiative in Zimbabwe primarily […]

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