Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...
Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.
When the President’s regulations expired on the 2nd October, ZiGs ceased to be legal tender and in fact ceased to have any ...
The hasty introduction of the new Zimbabwe Gold (ZiG) currency without thoroughly consulting ordinary people is the latest ...
Zimbabwe's ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country's sole legal tender and ...
Zimbabwe won’t solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to ...
Spread This NewsBloomberg Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that’s kept it locked out of ...
Find out the reason behind the downfall of the Zimbabwe government's latest gold backed currency ZiG and its impact on the nation ...
Zimbabwe, however, continues to be a challenging environment,” Choppies said in its annual report for the period ended June ...
Zimbabwe's gold-backed ZIG currency, launched six months ago, has plummeted 40%, failing to compete with the US dollar.
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Spread This NewsBloomberg Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country ...