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 ZiG, short for Zimbabwe Gold, fell for a ninth consecutive day on Tuesday because of a shortage of dollars caused by a lack of sellers in the interbank market as the new currency takes hold.
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 ...
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 ...
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 ...
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 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 ...
Finally, for wildlife lovers, Starfall Estate is bordered by a 136-acre protected migration corridor, which helps wildlife like deer and elk reach natural habitats without frequent human interaction.
Since its introduction in April 2024, the ZiG has only captured a modest 30% share of domestic transactions, with the US dollar still dominating at 70%. Finance Permanent Secretary George ...
A zig-zagging flight of more than 300 steps were cut into a 250ft cliff to reach the harbour, and women would carry baskets of fish from boats up to the clifftop for onward transport to market.