Spread This NewsBloomberg Zimbabweans should focus more on their gold-backed currency that’s set to become the sole legal ...

The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors. Zimbabwe ...

Zimbabwe plans to adopt the gold-backed ZiG as the sole currency by 2030, phasing out the multi-currency system through a gradual transition.

Zimbabwe’s southern regions have been operating differently all along, the fluidity being buoyed by the use of the rand, which has removed challenges such as change. WHEN I travelled to Masvingo about ...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...

John Mushayavanhu, Governor of the Reserve Bank of Zimbabwe, presents the new national currency Zimbabwe Gold, or ZiG.Columbus Mavhunga/picture alliance/Getty Images Zimbabwe's central bank has ...

HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.

(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...