Al Jazeera on MSN11h
Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?
Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.
Daily Maverick on MSN1d
ZIG’s devaluation reflects Zimbabwe’s state of perpetual crisis
A vicious cycle of currency failure, policy inconsistency and short-term fixes has battered investor and citizen confidence.
Zawya1d
Zimbabwe’s ZiG: devaluations won’t fix a currency that’s in trouble
The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ...
Zimbabwe19h
Zimbabwe’s ZiG: devaluations won’t fix a currency that’s in trouble because of government overspending
Spread This NewsThe Conversation The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the ...
Zimbabwe12h
Defence questions authenticity of former RBZ governor Gono’s witness; rubbishes new evidence in alleged ZW$137 million fraud case
Spread This NewsBy Staff Reporter THE case involving former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono turned ...
AllAfrica.com1d
Zimbabwe: Central Bank Says ZWG Backing Gold Reserves Up U.S.$450 Million
THE Reserve Bank of Zimbabwe (RBZ) says the quantum of gold backing up the ZWG has increased to US$450 million on the back of calls for citizens to be calm ahead of strengthening stability in the ...
Moneyweb1dOpinion
Devaluing Zim’s ZiG won’t fix the currency
The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024, weakening the official exchange rate from 13.9 ZiG ...
News Day15h
ZiG must go: Business. . . but RBZ thinks otherwise
BUSINESS wants the Zimbabwe Gold (ZiG) currency to be scrapped owing to its volatility despite the central bank’s insistence ...
The Zimbabwean1d
SAA optimistic it can resolve impasse after Zimbabwe threatens to attach assets
SAA is fighting back against the claim for unpaid fees and has informed Zimbabwe’s finance department that this is seen as “a malicious and unnecessarily disruptive action” by the environment ministry ...
The Herald-Zimbabwe3d
Financial inclusion critical for stability: RBZ
The Reserve Bank of Zimbabwe (RBZ) says financial inclusion is a significant catalyst and essential contributor to financial sector stability and inclusive economic growth. Speaking at the 2024 ...