Ceteris Paribus: The ZiG’s precarious position, possibility of global recognition
Investors and ordinary citizens alike hesitate to embrace a currency tied to an institution with a tarnished track record.
By Tinashe Duma
Jun. 28, 2024
Banks downplay ZWG shortages
The Reserve Bank of Zimbabwe switched to the Zimbabwe Gold currency after abandoning the rapidly depreciating Zimbabwe dollar.
By Tatira Zwinoira and Blessed Ndlovu
Jun. 28, 2024
RBZ dragged to court over forex
A number of suspected forex dealers and ordinary Zimbabweans have since been arrested while transacting on the streets.
By Desmond Chingarande
Jun. 21, 2024
US$150m assets seized in crackdown
In 2020, Zimbabwe’s Unexplained Wealth Orders were enacted into law through an insertion of a new provision into the Money Laundering and Proceeds of Crime Act of 2013.
By Tinashe Kairiza
Jun. 14, 2024
‘ZiG powerless to fight cost-push inflation’
In April, RBZ governor John Mushayavanhu introduced a new currency, Zimbabwe Gold (ZiG), which is backed by gold and forex as part of measures to stabilise the economy.
By Tatira Zwinoira
Jun. 7, 2024
Zinara on course to clearing DBSA debt
Manyaya also revealed that they had managed to resolve 66 issues raised in the forensic audit.
By Harriet Chikandiwa
Jun. 4, 2024
Govt threatens to sanction businesses
In an interview recently, Finance, Economic Development and Investment Promotion minister Mthuli Ncube warned businesses against using a rate above the official one.
By Priviledge Gumbodete
May. 28, 2024
The proof is in the pudding
The currency is backed by gold and cash, which makes it stronger than its predecessors, according to monetary authorities.
By Newsday
May. 25, 2024
Ceteris Paribus: What to expect from Stanchart acquisition
The transaction also fell within FBCH’s market adoptive plan of enriching and widening its loan underwriting capacity in the face of increasing volatility.
By Tinashe Duma
May. 24, 2024
