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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Mthuli Ncube

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Africa

Zimbabwe urges swift adoption of new but ‘scarce’ currency

Zimbabwe's Finance Minister Mthuli Ncube has ordered all government agencies to accept payments in the newly introduced gold-backed currency amid reports of acute shortage. Ncube in a statement said the Zimbabwe Gold, introduced last month, was now the official unit of exchange for transactions in the country. He the BBC that the government would soon introduce regulations to ensure businesses stick to the official rate.

todayMay 9, 2024 10 2

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Africa

Zimbabwe’s Mthuli Ncube wins Best Finance Minister award

Zimbabwe’s Finance minister Mthuli Ncube has been awarded the title of Best African Finance Minister of the Year by Reputation Poll International. The BBC reports that Ncube expressed gratitude for the award, saying it acknowledges the efforts of his ministry and the Treasury team in spearheading the transformation of the economy. Despite ongoing economic challenges, including an estimated 85% unemployment rate, the award was met with criticism from Zimbabwean activist […]

todayDecember 12, 2023 53

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