Arresting money changers won’t prop up ZiG
They were converting ZiG into US dollars at a higher rate than that proposed by the government.
By Mlondolozi Ndlovu
20m ago
Why forex black market is thriving despite mass arrests
Reserve Bank of Zimbabwe governor John Mushayavanhu says the ZiG will gain more acceptance with time and this will reduce demand for US dollars.
By Tafadzwa Mhlanga
20m ago
Letter to my people: Generari’s currency horror show
He started with a chilling warning to illegal money changers at a Zanu PF campaign rally in Harare East last weekend where he threatened them with physical harm.
By Doctor Stop It
20m ago
Council in trouble over local currency
Zimbabwe uses the US dollar alongside the recently introduced Zimbabwe Gold (ZiG) and other foreign currencies such as the rand.
By Silas Nkala
20m ago
Premium
Zim mulls categorising black market as money laundering
Several suspected illegal foreign currency traders were arrested in Harare’s central business district this week.
By Tafadzwa Mhlanga
Apr. 26, 2024
Editors Memo: ZiG confidence: Time to walk the talk
Based on this analogy, Mushayavanhu has an unenviable task to build trust in ZiG.
By Faith Zaba
Apr. 26, 2024
The Zimbabwean voice is leadership
Zimbabweans have embraced the gold-backed currency and said “ZiG imari yedu”, meaning ZiG is our currency.
By Tanaka Chikwenhere
Apr. 26, 2024
Making the new currency work
One of the main arguments for the introduction of ZiG is curbing inflation and achieving exchange rate stability by anchoring the issuance of currency to foreign reserves and gold.
By Ignetious Banda
Apr. 26, 2024
Inflationary pressures threaten mobile operators’ profits in Zim
The Potraz boss said telecoms capital expenditure totalled ZW$314,8 billion (US$51,6 million) in 2023, from ZW$28,3 billion (US$41,35 million) recorded in 2022.
By Blessed Ndlovu
Apr. 26, 2024
