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Zig Zag: Renowned economist Hanke mocks ZiG currency as new RBZ boss begs businesses not to reject Bond Notes - Vimarsana News

Zig Zag: Renowned economist Hanke mocks ZiG currency as new RBZ boss begs businesses not to reject Bond Notes

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

American water economist Steve Hanke mocks Zimbabwe's new currency – The Zimbabwe Mail - Vimarsana News

American water economist Steve Hanke mocks Zimbabwe's new currency – The Zimbabwe Mail

AMERICAN water conomist Steve Hanke has mocked Zimbabwe’s introduction of its new currency, the ZiG, declaring that the country is on a merry-go-round regards its monetary policies. The ZiG, which Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu promised is backed by gold, replaced the RTGS and Bond Notes whose value had heavily plummeted. From…