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Zimbabwe

Zimbabwe flag (Nabil Kamara/ GettyImages)
Policy
Analysis
Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say
Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.
Zimbabwe flag (Nabil Kamara/ GettyImages)
By Camomile Shumba
Jun 27, 2023 at 7:46 a.m. UTC
Jun 27, 2023
AnalysisCryptoZimbabweRegulationdigital gold
Flag of Zimbabwe (Manuel Augusto Moreno/ Getty)
Policy
Regulations
Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
The Reserve Bank of Zimbabwe has said the tokens will be issued on May 8.
Flag of Zimbabwe (Manuel Augusto Moreno/ Getty)
By Camomile Shumba
May 5, 2023 at 8:04 a.m. UTC
May 5, 2023
RegulationsZimbabweCrypto
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
Video
Cdtv
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
The Reserve Bank of Zimbabwe, or RBZ, plans to introduce a gold-backed digital currency as legal tender to help stabilize the local currency, the Zim dollar, according to repo...
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
By CoinDesk Staff
Apr 24, 2023 at 5:22 p.m. UTC
Apr 24, 2023
cdtvZimbabweHash clip
Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)
Policy
Zimbabwe
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.
Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)
By Camomile Shumba
Apr 24, 2023 at 9:23 a.m. UTC
Apr 24, 2023
ZimbabweCBDCGoldAfricaU.S. Dollar
Nhimbe Fresh's new solar panels. (Sun Exchange)
Finance
Solar power
How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe
The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.
Nhimbe Fresh's new solar panels. (Sun Exchange)
By Ian Allison
Jan 26, 2022 at 3:39 p.m. UTC
Jan 26, 2022
Solar PowerAfricaZimbabweSouth AfricaBitcoinCrowdfunding
Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.
Finance
Iran
Venezuela's Bitcoin Story Puts It in a Category of One
Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.
By Duy Nguyen
Nov 11, 2020 at 8:42 p.m. UTC
Nov 11, 2020
IranArgentinaVenezuelaBitcoinCoinDesk ResearchZimbabwe
Zimbabwean banknote (Fedor Selivanov/Shutterstock)
Markets
Central banks
Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week.
Zimbabwean banknote (Fedor Selivanov/Shutterstock)
By Adam B. Levine
Jun 30, 2020 at 9:17 p.m. UTC
Jun 30, 2020
central banksZimbabwe
Markets Daily Front Page Default
Markets
Zimbabwe
Bitcoin News Roundup for June 30, 2020
As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk's Markets Daily is back with another bitcoin news roundup.
Markets Daily Front Page Default
By Adam B. LevineJohn BiggsLyllah Ledesma
Jun 30, 2020 at 4:30 p.m. UTC
Jun 30, 2020
ZimbabwePodcastsMarkets DailyHyperinflation
Credit: Martina Gruber Photography
Markets
Zimbabwe
If Bitcoin Works in Zimbabwe, It Works Everywhere (Part 4 of a Six-Part Documentary Podcast Series)
On this episode, we join Anita Posch in Harare, Zimbabwe as she discusses bitcoin's potential with a self-described "digipreneur" and teacher.
Credit: Martina Gruber Photography
By Adam B. Levine
Apr 9, 2020 at 3:00 p.m. UTC
Apr 9, 2020
ZimbabwePodcastsDocumentary PodcastBitcoin in AfricaAnita Posch
Credit: Martina Gruber
Markets
Africa
In Zimbabwe, Crypto Is a 'Liberation Tool': Bitcoin in Africa, Part 1 of a New Documentary Podcast Series
After three weeks of listening, recording and talking bitcoin in Africa, podcaster Anita Posch shares her experiences in part one of this new six-part documentary podcast seri...
Credit: Martina Gruber
By Adam B. Levine
Mar 19, 2020 at 2:00 p.m. UTC
Mar 19, 2020
AfricaZimbabwePodcastsBitcoin & CoDocumentary PodcastBitcoin in Africa