It appears consumers are struggling to get their hands on the new notes. The country's central bank released ZiG notes into the market on 30 April, in a move aimed at stopping hyperinflation.
Unveiling the new notes, central bank governor John Mushayavanhu said the ZiG would be structured, and set at a market-determined exchange rate. The ZiG replaces a Zimbabwean dollar, the RTGS ...
When the President’s regulations expired on the 2nd October, ZiGs ceased to be legal tender and in fact ceased to have any legal existence ...
Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.
That would imply that the ZiG notes would essentially be serving as tokens for gold stored in a vault. If that was the case, an interesting question to those who were so misinformed is ...
The bond notes were first presented by the ... around the development and rollout of this new currency,” he said. “In my opinion, for ZiG to have any chance of success, the authorities need ...
Spread This NewsBy Staff Reporter  RENOWNED lawyer, Thabani Mpofu has poked holes on the legal status of the country’s latest ...
Investigations carried by Truth Diggers reveals that due to its remoteness coupled by poor roads, Binga is receiving poor ...
Nelson Chamisa's lawyer has alleged that Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), introduced in April as a ...