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Annual inflation in Zimbabwe hit 55.3% in March 2024. [8] The ZiG is notionally divided into 100 cents, which were first used by the Zimbabwe Stock Exchange before the currency had an ISO code. Cents were officially recognized by the Reserve Bank of Zimbabwe when a currency code for the Zimbabwe Gold was introduced in June 2024. [9]
It was a beat-and-raise quarter for Zim, which saw its revenue more than double year over year. It landed at $2.77 billion, against the $1.27 billion of third quarter 2023. This was on the back of ...
The Zimbabwe Stock Exchange, or ZSE, is the official stock exchange of Zimbabwe. Its history dates back to 1896 [2] but has only been open to foreign investment since 1993. The exchange has about a dozen members, and currently lists 63 equities. There are two primary indices, the ZSE All Share and the ZSE Top 10.
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Zimbabwe's introduction of unbudgeted Z$4.2 billion, which represented 3% of the GDP, led to the plummeting of local currency by 71.5% and stock market by 46%. The central bank intervened into the market with an $15 million worth of reserves to restore order. [3]
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Idris Elba has declared his intention to relocate to Africa within the next 10 years to help develop the continent’s burgeoning film industry across several nations.. The 52-year-old actor, best ...
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