Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.

The hasty introduction of the new Zimbabwe Gold (ZiG) currency without thoroughly consulting ordinary people is the latest ...

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

Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold". It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the ...

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The ZiG ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold". It is the latest attempt to stabilise an ...

The hasty introduction of the new Zimbabwe Gold (ZiG) currency without thoroughly consulting ordinary people is the latest sign that the government is keen to undermine the country’s ...

Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges ...

The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024, weakening the official exchange rate from 13.9 ZiG ...

The Zimbabwe dollar, whose highest denomination ... anxious to shore up the new currency that officially went into circulation this week. Ironically - as is the case with everyone who finds ...

Spread This NewsThe Conversation The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the ...