Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

Zimbabwe's gold-backed ZiG currency fell more than 40% against the U.S. dollar on the interbank market from Thursday to ...

The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 per dollar from ZiG13,99 as ...

The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand.

Research shows that people who can quickly disregard the zig-zagging lines and find the hidden image have higher than average ...

In Zimbabwe, the new currency, Zimbabwe Gold (ZiG), introduced half a year ago, has experienced a sharp devaluation of 43%, ...

Zimbabwe’s bankers on Tuesday warned the central bank about the impact of any future shocks to the local currency to avoid ...

The introduction of the Zimbabwe Gold Currency (ZiG) sought to symbolise a shift towards economic sovereignty, self-reliance and stability.

Spread This NewsNews24 Some shops across Zimbabwe have imposed “one item per person” rules for products such as milk to fend ...

Finance Minister Mthuli Ncube has announced that public sector workers will receive a pay increase in response to the recent ...

In conclusion, the introduction of the ZiG was a classic example of hubris overriding national interest. By rushing to ...

GET MORE AI-GENERATED SIGNALS: September 23, 2024, 10:30 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. ( ...