The International Monetary Fund says Zimbabwe must provide more clarity on the implications on its plan to phase out domestic ...
(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...
Here are the top reasons why the Zimbabwe ZiG, the country's gold-backed currency is in a strong bullish trend this year ...
(Bloomberg) -- Zimbabwe’s new gold-backed currency, the ZiG, isn’t even a year old and is already suffering from the same lack of credibility that doomed its predecessors. Finance Minister Mthuli ...
(Bloomberg) -- The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local ...
Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...
HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.
The Reserve Bank of Zimbabwe said the new notes that includes 50 trillion, 20 trillion and 10 trillion would be released for the "convenience of the public," according to statemen ...
ZIMBABWE’S dollar-denominated stock exchange has posted remarkable gains as gold producers benefit from the precious metal’s ...