The ZiG, as it’s called, was introduced earlier this year and started life at ∼1:13 to the USD. However, since then, the ZiG has depreciated on the black market. The govt insists that the ...

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The government has announced plans to implement new measures aimed at addressing systemic issues in the financial market that are contributing to the Zimbabwe Gold (ZiG) devaluation. ZiG has ...

THE Reserve Bank of Zimbabwe (RBZ) says the new currency, Zimbabwe Gold (ZiG), has been widely accepted since its debut in April with its own survey showing that the acceptance had risen to 91% in ...

ZIMBABWE’s local currency, ZiG, has gained significant public confidence with a survey indicating a 91 percent acceptance rate, up from 61 percent at its launch in April this year, Reserve Bank ...

In July, the central bank put $50 million in the foreign-exchange market to help meet a surge in demand for dollars and support its gold-backed unit, the ZiG, adopted in early April. The ZiG ...

A survey shows that the acceptance rate of ZiG, has risen to 91 percent, up from 61 percent. Reserve Bank of Zimbabwe Governor, Dr John Mushayavanhu, said in his Mid Term Monetary Policy Statement ...

The Zig Zag Power trio is, as the name connotes, a powerful combination featuring Living Colour guitarist Vernon Reid and drummer Will Calhoun along with Melvin Gibbs, the New York bassist who’s ...

Former Chivi South MP Killer Zivhu (ZANU PF) has derided the country’s gold-backed currency, the ZiG, claiming it has caused significant problems for Zimbabweans due to its rapid devaluation. In ...