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The gold-backed Zimbabwe Gold (ZiG), launched in April 2024, is the country’s sixth forex experiment since 2008. Zimbabwe holds Africa’s largest lithium reserves, making it a key player in the global vitality transition, whereas gold production alone accounts for roughly half of all export revenue. KEY HIGHLIGHTS Zimbabwe open for business President Mnangagwa invited international buyers to companion with Zimbabwe via truthful and clear investment. The win airlines casino nation, he mentioned, continues to register progress with regard to…

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CONCERTED funding in the Info Communication Expertise sector is bearing fruit, guaranteeing connectivity for a knowledge and information future, President Mnangagwa has mentioned. THE Authorities is facilitating the fast-tracking of the Muzarabani Oil and Gas project, designating it a important pillar for nationwide energy security and import substitution amid unstable international markets and Center East conflicts. GOVERNMENT is implementing measures to defend Zimbabwe from world financial disruptions attributable to warfare within the Middle East, while remaining open to complementary engagement as it drives structural transformation, especially in mining, the place worth… THE new sequence of ZiG notes, which begin circulating subsequent Tuesday, will consolidate positive aspects by the local foreign money and enhance its competitiveness towards main currencies. A RENEWED push to broaden tobacco growing past the traditional northern and eastern regions of the country underneath the Second Republic is bearing fruit as witnessed by elevated manufacturing in Matabeleland this season. CABINET has accredited the Minerals Worth Chain — from mining to beneficiation, industrialisation, and exportation — framework, designed to maximise national earnings while constructing a vibrant downstream minerals industry that will create thousands of…

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