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Ghana has signed communiques to establish diplomatic relations with Madagascar and St. Lucia, along with a bilateral investment agreement with Trinidad and Tobago. The agreements aim to enhance intra-African trade …
Ghana Strengthens Global Alliances through New Diplomatic Relations and Investment Agreements Read More
Zimbabwe’s newly introduced currency, the Zimbabwe Gold (ZiG), has rapidly depreciated since its launch, leading to significant economic turmoil just five months later. Governor John Mushayavanhu faces pressures from inflation …
Zimbabwe’s Currency Crisis: Struggles of the Zimbabwe Gold (ZiG) Amidst Economic Turmoil Read More
The Zimbabwe Gold currency, introduced in April, has faced a significant loss of value, falling 80% against black market rates. Retailers attribute their operational difficulties to the government’s fixed exchange …
Economic Turmoil: The Impact of Zimbabwe’s Gold Currency on Retailers Read More
Zimbabwe is experiencing a crisis of confidence in its gold-backed currency (ZiG), leading to a surge in illegal money changers offering higher exchange rates for dollars. In August, inflation for …
Crisis of Confidence in Zimbabwe’s Gold-Backed Currency Read More
Zimbabwean retailers are warning of severe financial constraints due to the devaluation of the newly established currency, the Zimbabwe Gold (ZiG). The official exchange rate has made it increasingly untenable …
Zimbabwe Retailers Warn of Economic Ruin Due to ZiG Currency Devaluation Read More
Chinese mining giants Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are partnering with a Zimbabwean state-owned company to develop a lithium deposit in Zimbabwe, conducting feasibility studies to …
Chinese Mining Companies Collaborate with Zimbabwe on Lithium Project Despite Price Decline Read More
Chinese mining corporations, including Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co., are collaborating with a Zimbabwean state-owned company to develop a lithium deposit at Sandawana. Despite the steep …
Chinese Mining Giants Collaborate with Zimbabwe on Lithium Development Project Read More
Major retailers in Zimbabwe are warning of potential store closures due to an overvalued official exchange rate mandated by the government. The newly launched gold-backed currency, ZiG, has lost significant …
Zimbabwean Retailers Express Concerns Over Potential Store Closures Due to Exchange Rate Read More
Zimbabwe’s government is being urged to abandon the ‘command’ exchange rate for the Zimbabwe Gold (ZiG) currency, as businesses struggle with unsustainable pricing due to currency distortions. Economists advocate for …
Zimbabwe Urged to Overhaul Command Exchange Rate Policy Read More
Skipjack tuna prices have been rising in General Santos City, Philippines, and Manta, Ecuador over the past few weeks, indicating a potential shift in the regional seafood market. In recent …
Rebound in Skipjack Tuna Prices Observed in Ecuador and the Philippines Read More