Then when the government introduced ZiG (Zimbabwe Gold) in the second quarter, we saw a slowdown of the economy. For the last ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...

The Zimbabwe ZiG has stabilized in the past few weeks even as the country’s economy has deteriorated and gold prices have ...

The Africa Report Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in ...

Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) ...

Zimbabwe's Finance Minister Mthuli Ncube discusses the African country's economic outlook in light of a severe drought, ...

Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor ...

Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), in recent weeks has shown signs of stabilisation. However, concerns ...

Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...

Harare,— Zimbabwe’s foreign currency reserves supporting the Zimbabwe Gold (ZiG) currency have surged past US$500 million, a ...

Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.

The switch from the current system, where the central bank sets a daily price and permits incremental day-to-day changes, ...