Tuesday, 28th November 2023
To guardian.ng
Search

Zimbabwe shuts out foreign currency to tighten economy

With official inflation up markedly, Zimbabwe abandons the use of foreign money at home. It is intended to strengthen the local currency and ween the country off the US dollar and the South African Rand.

Related

31 Jan
The president of Belarus arrived in Zimbabwe on Monday, hot on the heels of a tour of African countries by Sergei Lavrov, foreign minister of main ally Russia.
11 Mar
South Africa is using a wide range of hi-tech methods and education programs to help observe and protect the over 200 species of shark that live in its oceans. Go along for a deep dive.
29 Mar
Zimbabwe’s merged president and parliamentary elections are five months away. Ongoing registration is giving young people, especially first-time voters, a chance to get involved in choosing the next leader.
27 May
When she was a girl in South Africa's Northern Cape, Katrina Esau stopped speaking her mother tongue, N|uu, after being mocked by other people and told it was an "ugly language".
2 Jun
The "Patriotic Bill" criminalizes comments that damage "the national interest of Zimbabwe." The move comes just months before the next election.
18 Jun
In Kyiv, South African leader urges Russia and Ukraine to de-escalate. KYIV - South African President Cyril Ramaphosa on Friday called on Ukraine and Russia to de-escalate their conflict, as he arrived in the war-torn country on a mission to broker peace.
25 Jun
A quartet of African leaders headed out to Russia and Ukraine on a peace mission aimed at helping resolving the war between the countries that began last February with Russia's invasion of it's neighbour. South Africa's International Relations Minister, Naledi Pandor speaks to Georja Calvin-Smith about the mission's impact and limitations.
21 Aug
Zimbabwe is set to hold its general election on August 23. A dozen candidates are vying for the presidency, but the main contest is between incumbent Emmerson Mnangagwa and leading opposition candidate Nelson Chamisa.
21 Aug
Eleven candiadates are hoping to unseat President Emmerson Mnangagwa in Wednesday's election. Zimbabwe's electorate is skeptical of the opposition's ability to defeat his repressive regime.
24 Aug
Young people in Zimbabwe, including many first-time voters, could determine the election winner. But is Jamaican dancehall music enough to win them over?
24 Aug
As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many to emigrate. While incumbent President Emmerson Mnangagwa has played up improved infrastructure on the campaign trail, his opponent Nelson Chamisa detailed a plan that he says will build Zimbabwe into a $100 billion economy.
23 Aug
Zimbabwe's opposition is seeking to unseat President Emmerson Mnangagw's ZANU-PF party, which has ruled since the country's independence in 1980.