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Maroc Maroc - ZIMBABWESITUATION.COM - A la Une - 11/Aug 05:54

Boost for ZiG as gold deliveries soar

Source: Boost for ZiG as gold deliveries soar | The Sunday Mail Henrietta Rushwaya Sunday Mail Reporter IN a huge boost to the country’s ongoing programme to further grow reserves supporting the new local currency, Zimbabwe Gold (ZiG), gold deliveries saw a significant increase in July, driven primarily by a surge in contributions from artisanal […]

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Zim runs with expired currency

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Source: Zim runs with expired currency –Newsday Zimbabwe ZIMBABWE’S gold-backed currency, the Zimbabwe Gold (ZiG) has lost its status as a legal...

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RBZ pumps US$32m into market

zimbabwesituation.com - 27/Oct 18:59

Source: RBZ pumps US$32m into market | The Sunday Mail Sunday Mail Reporter THE Reserve Bank of Zimbabwe (RBZ) has injected approximately US$32...

From useless Zimdollar to ZiG: Zimbabwe’s currency crisis deepens as the new gold-backed ZiG quickly loses value by 50%

myzimbabwe.co.zw - 25/Oct 06:25

Less than six months after its launch, Zimbabwe’s gold-backed currency, the ZiG, has suffered a dramatic devaluation, losing over 40% of its value...

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ZiG Currency Remains Legal Tender – RBZ

thezimbabwean.co.uk - 28/Oct 21:45

The Reserve Bank of Zimbabwe (RBZ) has affirmed that the Zimbabwe Gold (ZiG) currency remains legal tender and will continue to strengthen its use and...

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IMF Cautions Zimbabwe’s Gold-Backed ZiG Can’t Fix Deeper Issues

thezimbabwean.co.uk - 25/Oct 19:38

Zimbabwe won’t solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the...

According to law, ZiG is no longer legal tender in Zimbabwe: Nelson Chamisa’s lawyer Advocate Thabani Mpofu reveals

myzimbabwe.co.zw - 28/Oct 04:42

Renowned lawyer Advocate Thabani Mpofu, famed for representing former Citizens’ Coalition for Change (CCC) leader Nelson Chamisa in the 2018...

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Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?

thezimbabwean.co.uk - 24/Oct 20:44

Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.

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ZiG now an illegal currency, says prominent lawyer in legal poser

zimbabwesituation.com - 28/Oct 21:21

Cites statutes that gave life to gold backed currency Source: ZiG now an illegal currency, says prominent lawyer in legal poser – Zimbabwe News Now...

ZIG’s Devaluation Reflects Zimbabwe’s State Of Perpetual Crisis – Analysis

eurasiareview.com - 28/Oct 00:04

A vicious cycle of currency failure, policy inconsistency and short-term fixes has battered investor and citizen confidence. By Ringisai...

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IMF Cautions Zimbabwe’s Gold-Backed ZiG Can’t Fix Deeper Issues

zimbabwesituation.com - 25/Oct 19:38

Zimbabwe won’t solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the...

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