Tag: Zimbabwe economy

Zimbabwe’s FMHL expands health services with $10 million push

FMHL deploys $10 million into health services as profit recovery strengthens expansion across Southern and Eastern Africa.

Timilehin Adejumobi Timilehin Adejumobi

ZITF 2026 generates over $600 million in business on record demand

Zimbabwe’s ZITF 2026 secures $600m in deals, with record participation, full capacity use and strong investor interest.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe moves to reduce reliance on U.S. dollar amid currency shift

Zimbabwe is stepping up efforts to ease its dependence on the U.S. dollar, part of a broader plan to restore confidence in its local currency and steady the economy after years of instability. The push reflects growing concern among policymakers that dollarisation has weakened the country’s ability to manage inflation and guide economic policy.  For more than a decade, the…

Oluwatosin Alao Oluwatosin Alao

Zimbabwe launches new banknotes to restore trust in local currency

Zimbabwe has launched a new series of banknotes, part of a fresh effort to rebuild confidence in its local currency after years of economic instability. Authorities say the move is aimed at encouraging wider use of the Zimbabwe Gold (ZiG) and easing the country’s heavy reliance on the U.S. dollar.  The rollout, announced Tuesday, marks another step in a broader…

Oluwatosin Alao Oluwatosin Alao