Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.
Zimbabwe's government is struggling to stabilise the country's economy.
The hasty introduction of the new Zimbabwe Gold (ZiG) currency without thoroughly consulting ordinary people is the latest ...
Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.
The Zimbabwe ZiG, a new currency, has collapsed to a record low. There has been a major crisis of confidence since the collapse of other currencies. The currency’s future is in peril after ...
The Zimbabwe ZiG has continued its downward trend ... In his article, he pointed out several things that were wrong with the new currency. He wrote: “Launched with an initial rate of 13. ...
Zimbabweans will see an increase in the price of fuel at the pumps, effective 5. The Zimbabwe Energy Regulatory Authority ...
The Zimbabwe ZiG has become one of the worst ... In his article, he pointed out several things that were wrong with the new currency. He wrote: “Launched with an initial rate of 13.56 to the ...
Less than six months after its launch, Zimbabwe's gold-backed currency, the ZiG, has suffered a dramatic devaluation, losing over 40% of its value against the US dollar. This development underscores ...
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...
While Zimbabwe's bid to join BRICS is facing significant hurdles due to economic instability and perceived fraudulent ...