{"id":4525,"date":"2026-02-09T22:52:00","date_gmt":"2026-02-09T22:52:00","guid":{"rendered":"https:\/\/www.africa-press.net\/en\/home\/epstein-sought-to-create-a-financial-system-in-zimbabwe"},"modified":"2026-02-09T22:55:04","modified_gmt":"2026-02-09T22:55:04","slug":"epstein-sought-to-create-a-financial-system-in-zimbabwe","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/en\/policy\/epstein-sought-to-create-a-financial-system-in-zimbabwe","title":{"rendered":"Epstein Sought to Create a Financial System in Zimbabwe"},"content":{"rendered":"<p><span class=\"ap-article-header-tag\"> <strong>Africa-Press. <\/strong> <\/span>Recently released files on the website of the U.S. Department of Justice reveal that American financier Jeffrey Epstein explored investing in Zimbabwe\u2019s economy during its recent recovery phase, expressing an interest in establishing a new financial system within one of Africa\u2019s most fragile economies.<\/p>\n<p>The documents show that Epstein was interested in addressing the complex economic challenges Zimbabwe faced at the time, particularly the currency crisis that severely affected its national currency. Emails published by the organization \u201cGood\u201d also revealed financial links between Epstein and senior Zimbabwean officials, as well as his interest in the local currency, which was among the weakest on the continent.<\/p>\n<p>In a message sent to American intellectual Noam Chomsky on June 23, 2015, Epstein commented on Zimbabwe\u2019s economic situation, writing:<\/p>\n<p>\u201cIf you were to design a tax system, what objectives would you propose? Zimbabwe has now become a clean slate for experimentation, with the exchange rate reaching one trillion dollars to a single dollar.\u201d<\/p>\n<p>According to available information, Western officials \u2014 including British politician Peter Mandelson \u2014 sought to persuade Epstein to establish a private bank to manage oil revenues in the Democratic Republic of the Congo, though his response to these efforts remains unknown.<\/p>\n<p>These disclosures come at a time when Zimbabwe\u2019s economy is showing notable improvement. Since the introduction of the \u201cZiG\u201d currency in April 2024, it has demonstrated exceptional stability compared to previous currencies, declining by only 0.7% in 2025. Inflation measured in ZiG fell to 4.1% in January 2026, down from 15% in December and 19% in November of the previous year.<\/p>\n<p>Although the U.S. dollar still dominates most daily transactions in the country, recent economic measures \u2014 including the scarcity of the ZiG currency and rising gold prices \u2014 have driven the Victoria Falls Stock Exchange up by around 45%, according to recent reports.<\/p>\n<p class=\"ap-article-footer-note\">Find more news and analyses on <span class=\"ap-highlight-country\">Africa<\/span> on the <span class=\"ap-highlight-brand\">Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press. Recently released files on the website of the U.S. Department of Justice reveal that American financier Jeffrey Epstein explored investing in Zimbabwe\u2019s economy during its recent recovery phase, expressing an interest in establishing a new financial system within one of Africa\u2019s most fragile economies. The documents show that Epstein was interested in addressing the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":4524,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[120],"class_list":{"0":"post-4525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-policy","8":"tag-africa"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Epstein Sought to Create a Financial System in Zimbabwe - Africa Press English<\/title>\n<meta name=\"description\" content=\"-article-header-tag&quot;&gt; Africa-Press. 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