ZiG now an illegal currency, says prominent lawyer in legal poser

Cites statutes that gave life to gold backed currency...

Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?

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

Zimbabwe’s Seemingly Endless Currency Crisis

War, corruption, economic sanctions and misguided policies have left the country unable to find a stable...

SAA optimistic it can resolve impasse after Zimbabwe threatens to attach assets

Environment ministry plans to attach airline’s assets due even though Zimbabwean government owes the airline $59m...

Zimbabwe’s government: The biggest threat to its own currency

The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50%...

Zimbabweans outraged after RBZ devalues ZiG

As value of savings and salaries effectively slashed by almost 50%...

Zimbabwe allows currency to slump over 40%, hikes policy rate

The central bank's website gave the mid-rate for the ZiG currency as 24.3902 to the dollar...

Time Bank dangles US$35 billion Zimbabwe rescue package

Ambitious kitty earmarked for displaced farmers, unlock funding for business and complement government’s debt resolution strategies...

Zimbabwe’s Currency Still ZiG Despite Code Change To ZWG

Effective June 25, 2024, Zimbabwe’s currency code has been changed from ZWL to ZWG, though the...

Zimbabwe authorities mix charm with force in an attempt to shore up the world’s newest currency

Zimbabwe introduced the world's newest currency in April with public rallies and commercial jingles...

We Have Released Adequate ZiG Notes And Coins, Says Mushayavanhu

The Reserve Bank of Zimbabwe (RBZ) says it released enough ZiG cash for use by the...

Local Businesses Threaten To Sue RBZ

Businesses are considering taking legal action against the Reserve Bank of Zimbabwe (RBZ) over its decision...

Zimbabwe’s ZiG Weakens to Lowest Level Since Launch

Zimbabwe’s gold-backed ZiG currency has weakened to its lowest level against the US dollar since it...

With ZiG Zimbabwe Expects to Finally Turn Its Back on Inflation

(Bloomberg) -- Zimbabwe’s new gold-backed ZiG currency will banish sky-high inflation that’s hamstrung the economy and...

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