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Latest Economy of Zimbabwe Stories

2013-09-18 23:25:22

In 2009, the Reserve Bank of Zimbabwe introduced a new family of trillion Zim-dollar banknotes that went into circulation. Scripophily.com has a limited supply of these notes that are being offered to customers. Washington D.C. (PRWEB) September 18, 2013 Scripophily.com®, the Internet’s largest buyer and seller of collectible stock and bond certificates, is offering authentic Fifty Trillion Dollar Banknotes for all purchases over $200. The banknote was issued from the Reserve Bank...

2009-03-20 12:35:10

Zimbabwe's Finance Minister Tendai Biti told members of parliament that the country's currency was essentially dead. The death of the Zimbabwe dollar is a reality we have to live with, he said. Since October 2008, our national currency has become moribund, Biti said during a 2009 budget presentation, New Ziana reported Friday. Along with his remarks, Biti announced the removal of all foreign currency surrender requirements. Previously, Zimbabwe's central bank required currency traders to pay...

2009-01-23 13:53:30

Zimbabwe's central bank said the country should adopt the South African rand to use in conjunction with the near-valueless Zimbabwe dollar, reports said. Reports of the bank's admission that the Zimbabwean dollar has collapsed come from those who have seen a 105-page recovery plan believed to be the work of Reserve Bank Gov. Gideon Gono, SW Radio reported Friday. Movement for Democratic Change Shadow Secretary for Finance and Economics Tapiwa Mashakada said the move would create a...

2008-08-14 18:00:33

Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) is pleased to announce its second quarter and half year 2008 operating and financial results. The financial results below are reported in Canadian dollars. Financial Highlights ---------------------------------------------------------------------------- (C$ 000's) Q2 2008 Q2 2007 1H 2008 1H 2007 ---------------------------------------------------------------------------- Sales...

2008-07-04 15:00:33

Text of report by Percy Zvomuya entitled "The big firms that prop up Zim" published by South African newspaper Mail & Guardian on 4 July The demand for full-blown sanctions against Zimbabwe grew louder this week with the announcement by a Munich-based company, Giesecke & Devrient, that it would stop supplying blank paper to make the country's bank notes after coming under pressure from the German government. The decision followed hard on the heels of the decision by British...

2005-10-05 05:27:20

By Stella Mapenzauswa HARARE (Reuters) - Zimbabwe needs to import more grain to feed at least 2.2 million needy people who cannot fend for themselves until the new harvest next April, the official Herald newspaper reported on Wednesday. The daily quoted a social welfare ministry official, Sydney Mhishi, as telling a parliamentary committee that President Robert Mugabe's government had had to import 222,000 tonnes to feed people with chronic illnesses, the elderly and orphans and...