Cycling Push in Harare: A Health and Environmental Initiative
Promoted for health reasons and to foster a cleaner environment, the initiative highlights the advantages of bicycles, which do not rely on fossil fuels.
Promoted for health reasons and to foster a cleaner environment, the initiative highlights the advantages of bicycles, which do not rely on fossil fuels.
Zimbabwe's government launched the gold-backed ZiG in a desperate bid to halt a money crisis exacerbating the country’s economic woes.
Over a million Zimbabweans have relocated to South Africa, seeking relief and opportunities absent in their homeland.
The ongoing currency crisis has caused widespread anxiety about how school fees, set in US dollars, will be paid in a predominantly cash-based society.
Many find themselves needing to double or even triple their usual spending to get through the day due to shops rounding up transactions or refusing smaller denominations.
According to government data, Western countries and international financial institutions make up 70% of Zimbabwe's external debt, while obligations to China account for just 15%.
Presidential spokesperson George Charamba stated that the decision was made on the instructions of the First Lady herself.
The informal sector, which constitutes about 75% of employment in Zimbabwe, has ceased accepting the Zimdollar, also known as the RTGS dollar, due to fears of its depreciating value.