Zimbabwe issued treasury bonds worth $308 million and made small cash payments to White farmers who were dispossessed of their property 25 years ago under a state-backed land reform program. The ...
HARARE (Reuters) - Zimbabwe launched a "bond notes" currency which held its value against the U.S. dollar on Monday, despite warnings that it could cause hyperinflation and suggestions it could bring ...
HARARE (Reuters) - Zimbabwe’s decision to scrap a peg between its quasi-currency bond notes and the U.S. dollar brings a welcome end to a failing monetary policy, but it is not the solution to a ...
A majority of White Zimbabweans who lost their farms during a land grab more than 20 years ago have rejected an offer of dollar bonds as part of a government pay off. The 10-year bonds worth $308 ...
Zimbabwean industries are piling pressure on fiscal authorities to overhaul a Value-Added Tax (VAT) system that has become a persistent drain on corporate liquidity, proposing a special revolving ...
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