Market confidence in ZiG low: IH Securities
The ZiG’s stability is premised on controlling money supply and fiscal expenditures as well as ensuring enough foreign currency reserves to back it.
By Gamuchirai Nyamuziwa
Nov. 4, 2024
RBZ ups transfer limits as battered ZiG loses steam
The central bank devalued the ZiG to 1:23,4 against the greenback up from 1:14.
By Staff Reporter
Nov. 2, 2024
Inflation crisis deepens: IMF cuts growth outlook
Establishing a similar inflation-targeting policy or at least providing a transparent roadmap for interest rate adjustments
By Equity Axis
Nov. 1, 2024
Weak currency key to economic growth: Mthuli
Ncube blamed climate change for stagnating economic growth for this year and not the ZiG.
By Priveledge Gumbodete
Oct. 31, 2024
Inflation: A long way out of danger
In his mid-term monetary policy review statement, RBZ governor John Mushayavanhu projected a ZiG month-on-month inflation of below 1% by the end of the year.
By Newsday
Oct. 31, 2024
The ZiG is a backed, not baked currency
Prices of precious metals and values of currencies do not always move in tandem.
By Prosper Munyedza
Oct. 31, 2024
Return ‘stolen’ millions, ministers ordered
They allegedly did not follow procedure when they borrowed money from several funds established by the government to cater for the less privileged members of society.
By Staff Reporter
Oct. 30, 2024
‘Sovereignty ego maintaining ailing ZiG’
The ZiG, Zimbabwe’s sixth attempt to introduce a stable currency in 15 years, has been losing value since it debuted in April following the demonetisation of the Zimdollar this year.
By Silas Nkala
Oct. 30, 2024
Govt sleeping at the wheel
The administration has allowed the statutory instrument that introduced the Zimbabwe Gold (ZiG) to lapse before it could enact primary legislation to make the local currency a legal tender.
By Newsday
Oct. 29, 2024
