Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...
Newsday Zimbabwe A RESERVE Bank of Zimbabwe (RBZ) monetary policy committee member has admitted that confidence in the ...
Spread This NewsBloomberg Zimbabwe’s foreign-currency reserves have risen to $509 million as companies liquidate their ...
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 foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, ...
Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...
Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.
Spread This NewsBy Alois Vinga BRITISH American Tobacco PLC says it has suffered a 9% sales decline owing to critical ...
Source: ZiG dilemma leaves Binga folk at the mercy of unscrupulous traders – The Southern Eye However, the ZiG cash ...
The switch from the current system, where the central bank sets a daily price and permits incremental day-to-day changes, ...
Then when the government introduced ZiG (Zimbabwe Gold) in the second quarter, we saw a slowdown of the economy. For the last ...