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HARARE - President Emmerson Mnangagwa was seen publicly handing out US$500 to a government minister to buy a suit, casting doubt on his confidence in the Zimbabwe Gold (ZiG) currency, a move that has left many questioning his commitment to the country's economic reforms.
Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mushayavanhu has highlighted the impending surge in demand for the Zimbabwean dollar (ZiG) anticipated to occu...
In recent years, Zimbabwe has confronted formidable economic challenges, including currency volatility, liquidity constraints, and an overreliance on foreign currencies.
By A Correspondent| ActionAid Zimbabwe has condemned the Reserve Bank of Zimbabwe (RBZ) Governor's move to introduce the new Structured Currency, Zimbabwe Gold (ZiG). In a statement ActionAid Zimbabwe said the solution to Zimbabwe's economic challenges lies in addressing confidence issues not currency. "While the initiative may be presented as a solution to Zimbabwe’s economic…