“For Zimbabwe we are in chronic hyperinflation so the expectation is that there will be a huge uptake of these gold coins,” he said. However, most Zimbabweans struggle with daily survival and ...

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. Zimbabwe inflation reached 5 billion per ...

A surge in global gold prices by about 25% so far this year, fueled by the uncertainty of a trade war launched by the US, is widely expected to be a boon for Zimbabwe, a primary producer of the ...

Zimbabwe has launched new gold coins to be sold to the public in a bid to tackle chronic hyperinflation. The gold coins - called Mosi-oa-Tunya - will have "liquid asset status", meaning they can ...

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 ...

Zimbabwe's central bank has introduced gold coins that it hopes will ease citizens’ demands for foreign currency. But economists and ordinary Zimbabweans are skeptical. At the official launch of ...

The Reserve Bank of Zimbabwe (RBZ) last week, following a resolution agreed on by its Monetary Policy Committee (MPC), announced plans to introduce gold coins to be used as a new investment tool ...

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 ...

A reserve bank of Zimbabwe offical holds a sample of a gold coin at the launch in Harare, Monday, July, 25, 2022. Zimbabwe has launched gold coins to be sold to the public in a bid to to tame runaway ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Zimbabwe has ...