THE Zimbabwe Gold (ZiG) currency turns one tomorrow in what has been a roller-coaster year for the local unit. The structured currency, backed by some minerals and cash reserves, debuted on April 8 ...

Zimbabwe’s bullion-backed currency is heading for failure because policy mistakes have pushed it to the sidelines, according to the country’s oldest independent brokerage. “The ZiG is fast ...

Zimbabwe has clocked a full year since adopting of the Zimbabwe Gold (ZiG) currency, which has achieved commendable stability evidenced by low inflation and exchange rate predictability ...

The introduction of Zimbabwe Gold (ZiG) as the new currency has failed to restore confidence, with investors preferring US dollar-denominated assets due to previous currency failures. The formal ...

Gold and foreign currency ... of the ZiG,” he said. The southern African nation holds 2 771 kilograms of gold in reserves valued at $274 million. The ZiG, short for Zimbabwe Gold, started ...

Zimbabwe's journey with the ZiG is more than an economic experiment; it is a narrative of resilience. In just twelve months, a currency born of necessity has become a pillar of stability.

Despite being bolstered by gold and foreign reserves, the local currency has halved in value, while the US dollar continues ...

Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.

TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe Gold (ZiG), a TASS correspondent reported from a press conference of the country’s Central Bank in Harare. "The Reserve ...

THE Zimbabwe Gold (ZiG) currency turns one tomorrow in what has been a roller-coaster year for the local unit. The structured currency, backed by some minerals and cash reserves, debuted on April ...