Zimbabwe Authorities Troubled by Tumbling New Currency

MOUNT HAMPDEN, ZIMBABWE — Zimbabwean authorities responded swiftly to the recent decline in the new gold-backed currency by apprehending illicit moneychangers and closing the bank accounts...

CZI boss urges government to stop clampdown on forex dealers

Stop accompanying policy with police, she says of government...

The Blundering Governor

Oh, the joys of leadership, where the buck stops... well, apparently not here! ...

Police Arrest More ‘Money Changers’ As New Zimbabwe Gold Depreciates Against Major Currencies

Police today rounded up money changers in Bulawayo following the arrest of 65 others in Harare...

ZiG Banknotes Printed, Ready To Be “Drip-fed” Into Market – RBZ

The Reserve Bank of Zimbabwe (RBZ) has completed printing and minting the new Zimbabwe Gold (ZiG)...

Gold Needs To Be Respected For ZiG To Survive

There are several types of commodity-backed money, including the gold standard....

Zimbabwe’s big businesses are losing the fight for dollars

Retailers have been obliged to sell items at prices that are often significantly more expensive in...

Zimbabwe’s New Central Banker Vows to Regain Investor Confidence

Zimbabwe’s new central bank governor vowed to restore confidence in the institution that’s repeatedly failed to...

What Zim’s new ZiG currency means for big retailers like Spar, PnP and OK

Earlier this month Zimbabwe introduced a new currency, the ZiG, short for Zimbabwe Gold. The move...

Mthuli Ncube To Announce Measures To Promote ZiG Currency

Finance Minister Mthuli Ncube has said the Treasury will soon announce additional measures to support the...

Zimbabwean dollar balances shrink in value amid ZiG currency launch

HARARE – The Reserve Bank of Zimbabwe (RBZ) launched the new gold-backed Zimbabwe Gold (ZiG) currency...

Highlights From the MPS Presentation by RBZ Governor Mr. John Mushayavanhu

🗞Auction system has been removed 🗞All loans, prices of goods, and any other zwl obligations converted...

Zimbabwe introduces new gold-backed currency to tackle inflation

Zimbabweans have 21 days to convert their old cash into new money, according to the central...

Zimbabwe launches new gold-backed currency – ZiG

Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold"....

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