enter John II and the ZiGy Zag band In contrast, Fincent Securities offered a more cautious outlook, suggesting that the ZiG still had potential if adequately supported by government policies.

Since then, the government has made six attempts to adopt a local currency, with the latest coming in April 2024 through the ZiG. The ZiG is backed by a combination of foreign currency reserves ...

Zimbabwe’s central bank has declared war on individuals and companies it blames for undermining the value of the nation’s newly launched Zimbabwe Gold (ZiG) currency, vowing to “double efforts” ...

PRICES of basic commodities have risen sharply as the recently launched Zimbabwe Gold (ZiG now ZWG) currency stutters in a United States dollar-dominated market, with shops now preferring to ...

The collapse of the ZiG has led to a sharp rise in the cost of goods and services, with retailers responding by replacing price tags in ZiG with those in US dollars. A shortage of the local ...

Some shops have reverted back to charging goods in foreign currency as the Zimbabwe Gold continues to weaken. Prices have risen sharply as a result. According to a snap survey conducted in Harare ...

The ZiG, short for Zimbabwe Gold, fell for a ninth consecutive day on Tuesday because of a shortage of dollars caused by a lack of sellers in the interbank market as the new currency takes hold.

Walkers were impressed with a 'robust' pair of hiking boots that were 'comfortable right out of the box'. Shoppers said the Bodmin Mid 5 Ladies weathertite boots 'didn't require wearing in' and ...

We independently select these products—if you buy from one of our links, we may earn a commission. All prices were accurate at the time of publishing. As Richardson proves, they’re great for ...

The ZiG, as it’s called, was introduced earlier this year and started life at ∼1:13 to the USD. However, since then, the ZiG has depreciated on the black market. The govt insists that the ...

In July, the central bank put $50 million in the foreign-exchange market to help meet a surge in demand for dollars and support its gold-backed unit, the ZiG, adopted in early April. The ZiG ...