HARARE, Zimbabwe (AP) — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG, ...

This month, the Central Bank of Zimbabwe launched a new gold-based currency, the first gold-based currency from a government since Richard Nixon effectively ended the world gold standard system in ...

Gold and foreign-currency reserves supporting Zimbabwe’s bullion-backed currency, the ZiG (Zimbabwe Gold), hit a record high in June, according to the central bank. ・Zimbabwe's central bank reported ...

Zimbabwe's gold production rose by 55.5% in 2021, central bank data showed on Wednesday, as government moves to incentivise miners bore fruit. HARARE, Jan 12 (Reuters) - Zimbabwe's gold production ...

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Zimbabwe has reversed plans to double its gold royalty rate to 10%, a new 2026 budget bill showed on Wednesday, following protests by miners and industry groups. A royalty rate of 5% would continue to ...

Zimbabwe’s annual inflation rate could halve by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the Confederation of Zimbabwe Industries (CZI ...

A royalty rate of 5% would continue to apply for gold prices between $1,200 and $5,000 per ounce, according to the revised budget bill, which was approved by Zimbabwe’s lower parliament chamber in the ...