Africa Zimbabwe The Reserve Bank of Zimbabwe (RBZ) has seen a rise on the foreign exchange auction amid a significant rise in allotments which reached US$35.7 million last week.
Africa Zimbabwe In the most recent attempt to create a credible national currency, Zimbabwe has replaced its devaluated dollar with the ZiG, Zimbabwe Gold; the new unit is backed by bullion and foreign currency reserves held at the central bank
Africa Zimbabwe The country has declared a state of calamity over the devastating drought, with El Nino causing 80% of the country to receive below-normal rainfall; President Emmerson Mnangagwa said the nation needs $2 billion for humanitarian assistance
Africa Zimbabwe The country is experiencing a historic drought that has jeopardized most crops for the 2024 agricultural season, threatening millions of people with starvation; the World Food Program has said it may not be able to assist families
Africa Zimbabwe A man calling himself Prophet Ishmael has been indicted in a Zimbabwean court after police raided the compound where he headed a religious sect and found more than 250 children kept out of school and used as cheap labor