Zimbabwe Financial News

01.07 / 19:51

UPS Lowe's Target Ball Matthews Chase fall cricket How did that happen? The great fall of West Indies cricket explained

West Indies will not be part of the ODI World Cup for the first time in the history of the tournament after being eliminated from the Qualifiers — a result that plunged country's cricket to an unimaginable low, on Saturday. Coming into the do-or-die Super Six contest, West Indies, packed with some bona-fide T20 superstars, suffered an embarrassing seven-wicket defeat against Scotland after managing a modest 181 in 43.5 overs. It was an impressive show by the Scots, especially by all-rouder Brandon McMullen, who first took three wickets, and then scored a patient 69 off 106 balls to steer his side to a famous victory.

20.06 / 12:03

CBDC Adoption regulation community global crypto community IMF’s CBDC push gets feedback from the crypto community: ‘No one wants this’

As the International Monetary Fund (IMF) continues its effort to advance the technologies behind central bank digital currencies (CBDCs), some members of the crypto community have reacted strongly against the IMF's efforts to further the initiative.

15.05 / 05:37

Adoption Gold Dollar Reserve Bank of Zimbabwe Backed Warning Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.

05.05 / 15:11

Ethereum Adoption Legal Square Bitcoin FCA Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue for Q1, UK Continues Crypto ATM Crackdown

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

05.05 / 10:37

Government Adoption Digital Currency regulation Reserve Bank of Zimbabwe Backed Zimbabwe sets price to sell gold-backed digital tokens

Zimbabwe’s central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting May 8. The tokens will be sold at a minimum price of $10 for individuals and $5,000 for corporations and other entities.

24.04 / 10:11

Adoption economics Gold inflation Volatility Backed Zimbabwe's Central Bank Plans Gold-Backed Digital Currency to Stabilize Local Economy

The central Reserve Bank of Zimbabwe (RBZ) plans to introduce a gold-back digital currency, meant to be used as legal ledger within the country.

23.04 / 18:05

business Digital Currency Africa Backed Zimbabwe's central bank to issue gold-backed digital currency: Report

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as a legal tender in the country. The move is a government initiative to stabilize the local currency from its depreciation against the United States dollar.

27.03 / 09:35

Blockchain UPS Provident Apple NVIDIA Bitcoin Power Nvidia CTO Claims Cryptocurrencies are Useless: AI Chatbots a Better Use of Processing Power

It is not unusual for tech giants to have strong opinions on emerging technologies, and Nvidia CTo Michael Kagan is no exception.

04.12 / 11:19

UPS Target Waters DRC Power Solar Inside the refugee camp using solar power and ‘hydroponics’ to grow thousands of fruit and veg

https://www.euronews.com/green/2022/07/01/agriculture-vs-climate-change-can-we-feed-the-world-with-a-warmer-planet48-year-old Francine Mashimango stands inside a greenhouse at a hydroponics station in Tongogara Refugee Camp (TRC) in southeastern Zimbabwe.

20.09 / 13:05

Provident Digital CEO Bitcoin Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?

Zimbabwe's Central Bank launched gold coins in July as part of efforts to help curb surging inflation amid a slump in the country's currency. The move sparked interest in whether gold could serve as a safe haven investment during a market crisis.

05.09 / 12:17

Blockchain Adoption Binance Africa Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone

05.08 / 07:29

economics Africa Central Bank Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer

Jonathan Munemo, Professor of Economics, Salisbury University._____

02.07 / 11:48

Blockchain Adoption Africa Bitcoin Moon African celebrities join degens on the journey to the moon

African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform the trajectory of their lives forever.

21.06 / 15:10

business BMW Bitcoin Bitcoin in Zimbabwe: Importing cars and sending money to family

Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic.

22.04 / 00:25

NFT Environment Africa Wildlife conservation efforts turn to NFT-funded initiatives

Digital twin nonfungible tokens, or NFTs, aren't just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork of the Southern Hemisphere teamed up to tokenize individual real-world endangered animals at game reserves and privately owned conservation areas in Africa. These wildlife NFTs enable holders to sponsor an elephant, lion, cheetah or rhino. Profits from the sales will go toward food, shelter and security for the animals they represent.

05.04 / 20:51

Government Law Bitcoin lawmakers US lawmakers US lawmakers introduce companion bill to 'mitigate risks' from El Salvador’s Bitcoin Law

Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador adopting Bitcoin as legal currency.

09.02 / 00:07

Platform coinbase Mobile Luno Is Africa The Next Big Market For Cryptocurrencies?

Africa is rarely mentioned among the largest markets for cryptocurrencies. But it may be set to steal a march over other markets. (See also: The Rise Of Africa.)

07.02 / 09:29

interview Food Sexual assault Winter Olympics Chinese tennis star Peng Shuai says sex assault allegation was 'enormous misunderstanding'

Chinese tennis player Peng Shuai has told a French newspaper that international concern over her well-being is based on “an enormous misunderstanding” and she denied having accused a high-ranking Chinese official of sexual assault.

08.12 / 03:25

Blockchain Digital Citizens Bitcoin ‘We are definitely almost there,’ Zimbabwe’s central bank governor on CBDC

Zimbabwe’s central bank Governor John Mangudya said in a recent interview, that the country is looking at a digital currency backed by the regulator at the moment, rather than cryptos like Bitcoin. Mangudya said,

10.11 / 19:43

Ethereum Binance Tether Bitcoin NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

10.11 / 18:21

Digital Assurant Bitcoin Zimbabwe studying CBDC, ‘as opposed to crypto, Bitcoin, any form of derivatives’

Africa, of late, has been the center of attention in terms of crypto adoption. Well, Zimbabwe has been mulling over the various possibilities with crypto as interest and use cases, surged in the country. With many speculating over Zimbabwe going the El Salvador route, the government paused to clarify, it was not looking to make crypto legal tender.

breaking news about Zimbabwe

What is the current situation in Zimbabwe?

In Zimbabwe, the spotlight is on socially significant developments that impact the interests of residents.

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We publish in-depth coverage about the situation in Zimbabwe, based on information from regional journalists.

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The news landscape of Zimbabwe is shaped by key decisions by local authorities, reflecting its specific characteristics.