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Intelligence for the New World Economy

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Intelligence for the New World Economy
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Tawanda Karombo

Tawanda Karombo

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Zimbabwe renews efforts to drop US dollar by 2030

President Mnangagwa pursues an additional two years in power.
A vendor shows a ten Zimbabwe gold-backed (ZiG) note along a street in Harare, Zimbabwe, July 17, 2024. Philimon Bulawayo/Reuters

Zimbabwe crafts plans to enforce usage of its new ZiG currency

Zimbabwe’s government has ordered its agencies and the private sector to accept its new gold-backed currency and plans to introduce new measures to enforce its use.
Shaun Jusa/Xinhua via Getty Images

Mnangagwa has been declared winner of Zimbabwe’s flawed election

Bitter disputes over the outcome of Zimbabwe’s general election are looming after Zimbabwean President Emerson Mnangagwa was declared winner.
Reuters/Philimon Bulawayo

Zimbabweans feel economic gloom as they vote in general election

Zimbabweans are voting in a general election taking place against the backdrop of widespread hardship, with the economy dominating the political landscape.
Reuters/KB Mpofu

What to expect from Zimbabwe’s elections

Zimbabwe will hold elections on Aug. 23 to elect a president, members of parliament and councilors.The elections are the second since the military ousted Robert Mugabe in 2017.
Reuters/Philimon Bulawayo

Zimbabwe’s central bank reforms seen as unsustainable as president readies for election

Zimbabwe’s president is reducing the central bank governor’s powers and handing over notable monetary controls to the finance minister.
Reuters/Philimon Bulawayo

Zimbabwe’s gold-backed digital token runs into political headwinds

Zimbabwe launched gold-backed virtual coins as a central bank digital currency (CBDC) on Monday in its latest bid to fight currency volatility and contain spiraling inflation.

Zimbabwe’s EV battery plant ambitions favor Chinese players over locals

Zimbabwe’s decision to ban raw lithium exports and encourage local processing is helping Chinese and western companies gain a foothold in its mining industry while putting local players at a competitive disadvantage.