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 ...

THE Reserve Bank of Zimbabwe (RBZ) has erected two more structures, which will work towards stabilising the new Zimbabwe Gold (ZiG) currency. The developments come at a time when the local unit ...

The collapse of the ZiG has led to a sharp rise in the cost of goods and services, with retailers responding by replacing price tags in ZiG with those in US dollars. A shortage of the local ...

The collapse of the ZiG has led to a sharp rise in the cost of goods and services, with retailers responding by replacing price tags in ZiG with those in US dollars. A shortage of the local ...

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 Zimbabwe ZiG has remained below 14 against the US dollar this month. However, the ZiG has crashed to as low as 24 in the black market. Zimbabwe is seeing higher inflation because of drought ...

President Emmerson Mnangagwa’s government introduced the Zimbabwe Gold (ZiG) currency in April this year to replace the Zimbabwe dollar, which had been relaunched in 2019 to deal with hyperinflation ...

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HARARE – The Reserve Bank of Zimbabwe (RBZ) has reported that the new Zimbabwe Gold (ZiG) currency has achieved a 91% acceptance rate among businesses and the public. The central bank governor ...

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 ...