Zimbabwe plans to phase out the US dollar by 2030, but the World Bank warns that moving too quickly to a ZiG-only economy could backfire.

The World Bank is warning Zimbabwe not to rush its planned shift to the ZiG as the country’s sole currency, saying premature de-dollarization could undermine recent economic stability. Foreign ...

By Godfrey Marawanyika, Bloomberg  THE World Bank cautioned Zimbabwe against rushing to end the use of dollars in the economy ...

SABC News Zimbabwe has a timely opportunity to build long-term economic momentum and expand formal employment opportunities, according to a new World Bank Group report titled The Zimbabwe Growth and ...

Zimbabwe has received strong admonition from the World Bank about its strategy to completely dedollarize its economy. ・The ...

Zimbabwe now has a chance to turn stabilization into improvements that people can feel through dependable electricity, ...

Although the World Bank removed Zimbabwe from its fragility list amid reported economic growth, unresolved ...

Zimbabwe could create more than 148,000 jobs by 2030 through reforms focused on infrastructure, the business environment and private investment. The World Bank says stronger wages could deliver gains ...

Zimbabwe has been removed from the World Bank Group’s list of Fragile and Conflict-Affected Economies, a development the ...

The World Bank Group removed Zimbabwe from its classification of fragile and conflict‑affected economies, effective July this year.

World Bank RAMP announces new member, Reserve Bank of Zimbabwe, beneficiary of trust fund to advance public asset management From left to right: John Mushayavanhu, Governor, Central Bank of Zimbabwe, ...

The World Bank has warned Zimbabwe against rushing to phase out the US dollar in the economy, saying it could trigger capital ...