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Say Goodbye To Fiat Currency: Zimbabwe's Central Bank Introduces Revolutionary Digital Gold Tokens
Monday, April 24, 2023 - 10:52am | 421Read More...The Reserve Bank of Zimbabwe (RBZ) plans to introduce a digital currency backed by gold reserves held at the central bank. This move is part of a broader strategy to stabilize the Zimbabwean currency, with the goal of anchoring the Zimbabwe dollar to the country's gold reserves, the Sunday...
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Zimbabwe University To Develop A Central Bank Digital Currency
Wednesday, October 12, 2022 - 1:04pm | 404Read More...The Harare Institute of Technology in Zimbabwe is developing a central bank digital currency (CBDC), according to the institute’s Vice Chancellor Quinton Kanhukamwe. Kanhukamwe stated the proposed CBDC would aid in the eradication of issues such as currency manipulation, cash...
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Zimbabwe Celebrating Anti-Sanctions Day
Wednesday, October 23, 2019 - 11:28am | 517Read More...In an unusual political move, the Zimbabwean government this week has declared Oct. 25 to be a national holiday to protest longtime U.S. sanctions against the South African country. News of Zimbabwe's anti-U.S. sanction holiday was reported by The Washington Post on Oct. 22. The Zimbabwean...
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Zimbabwe Uses Prison Property As Test Bed For Industrial Hemp Pilot Program
Thursday, October 17, 2019 - 10:08am | 910Read More...By William Sumner, Hemp Business Journal Last week marked an auspicious occasion for Zimbabwe's cannabis industry. On October 11, the Zimbabwe Industrial Hemp Trust (ZIHT) planted six strains, making it the first legal hemp crop in the nation's history. For the last several years...
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Potential Zimbabwe Healthcare Savings
Monday, June 24, 2019 - 9:47am | 137Read More...Zimbabwe annually spends more than $400 million on health care (based on 2019 budget figures). 25% of all health care spending comes out of pocket (OOP). With a conservative roll-out of a medical cannabis program, Zimbabwe could reduce health-care spends by $10 million by its fifth year. Based on...
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3 Countries Try To Re-Legalize International Ivory Sales
Friday, August 12, 2016 - 5:10pm | 334Read More...Throughout the 1980's, Africa lost almost half of its elephant population. By the end of decade, countries from around the world agreed on a global ban on the ivory trade. As demand for ivory in Asia continues to surge (take a look at the results of this NatGeo survey that evaluates who...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Read More...Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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How to Profit from South African Political Crisis
Tuesday, August 30, 2011 - 8:45am | 620Read More...Supporters of Julius Malema, the controversial president of the African National Congress Youth League, clashed with police in South Africa ahead of a disciplinary hearing that could have a a major impact on the future of South Africa. Although Malema played a pivotal role in the election of South...
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How Bad is the Inflation Rate in America? [INFOGRAPHIC]
Thursday, June 23, 2011 - 5:14pm | 374Read More...Everyday, it seems as though people are worrying about the inflation rate. A recent rise in the rate of core inflation has left some in the U.S. fretting. Increases in the prices of gasoline and food may have hit the wallets of U.S. consumers hard. Yet, comparatively speaking, the current rate of...
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Even Zimbabwe Dumping On the US Dollar
Friday, May 20, 2011 - 3:44pm | 291Read More...You know your currency might be in trouble when third-world, war-ravaged countries are considering backing away from it. Zimbabwe was last seen on the news when its president, Robert Mugabe, was busy fixing elections, stealing land from farmers, and sending the currency spiraling into the kind of...
