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Uganda Airlines has launched flights between Harare and Entebbe, responding to the increased demand for air travel. This initiative is projected to boost bilateral trade, with plans to further expand …
Uganda Airlines Launches Flights to Zimbabwe Read More
Since its launch in April 2023, Zimbabwe Gold (ZiG) has lost 80% of its value on the black market, leading retailers to declare that the government’s fixed exchange rate is …
Arrogance, Not Gold, Undermines Zimbabwe’s Retail Sector: A Critical Examination of the ZiG Currency Crisis Read More
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), has drastically declined in value just five months after its introduction, losing value for 20 trading days and selling at a steep discount …
Market Turmoil: Zimbabwe’s Currency Challenges Following the Introduction of the ZiG Read More
Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG), is grappling with a lack of public confidence as illegal money-changing operations thrive due to struggles in accessing this currency. With inflation rising …
Zimbabwe’s Gold-Backed Currency Faces Confidence Crisis Read More
Zimbabwean retailers are warning that the official exchange rate for the Zimbabwe Gold (ZiG) is leading them toward financial ruination due to an 80% devaluation in the black market. Formal …
Harare Retailers Warn of ZiG’s Economic Threats Amid Devaluation Crisis Read More
Top retailers in Zimbabwe are warning that enforced use of an official exchange rate, considered overvalued, could result in store closures. The Zimbabwe Gold (ZiG) currency has lost significant value …
Zimbabwean Retailers Warn of Potential Store Closures Due to Exchange Rate Pressures Read More
Key Zimbabwean retailers are warning of imminent store closures due to unfavorable government exchange rate policies. The mandated official exchange rate of 14.8 ZiG to $1 has inflated prices, while …
Zimbabwe Retail Sector Under Threat as Currency Crisis Intensifies Read More
The government of Zimbabwe faces mounting pressure to abandon its “command” exchange rate for the Zimbabwe Gold (ZiG) currency, which is causing significant currency distortions that threaten retail operations. Economists …
Zimbabwe Urged to Abandon Command Exchange Rate for Economic Stability Read More
Togo has secured CFA 6 billion for rural electrification from BOAD and has made significant improvements in its business environment, achieving fifteenth place globally in the 2020 Doing Business report …
Togo Advances Business Environment with CFA 6 Billion Investment for Rural Electrification Read MoreIn 2023, Niger, Benin, and Togo paid Nigeria $50.36 million for electricity, achieving a 94.04% remittance performance. The total invoiced amount was $53.55 million. Domestic customers, however, reported a lower …
Financial Transactions Between Nigeria and Its International Electricity Customers in 2023 Read More