ZiG is a marked down currency
It staggers the mind that ZiG was launched notwithstanding its convertibility challenges and inability to pay for fuel and passports.
By Cyprian Muketiwa Ndawana
May. 14, 2024
Zanu PF ‘gatecrashes’ ZiG campaigns
The Reserve Bank of Zimbabwe has also partnered the Information, Publicity and Broadcasting Services ministry to conduct joint awareness campaigns
ZiG chaos hits council workers’ pockets hard
Zimbabwe introduced a new gold-backed currency called Zimbabwe Gold (ZiG) in early April to replace the local currency, which had been rendered worthless by inflation.
By Sharon Sibindi
May. 12, 2024
IMTT standardised for USD, ZiG
Individuals and businesses will turn to informal channels to avoid the tax burden.
By Tinashe Duma
May. 10, 2024
New ZiG currency on a free flow: Here is what we know
The ZiG is now Zimbabwe’s legal tender for all public and private debts and is part of a multi-currency basket that includes the US dollar (USD) and South African rand, among others.
By Zvikomborero Sibanda
May. 10, 2024
ZSE closes April in the red
The ZSE slumped at month’s end as the market cap fell by -3,05%, compared to pre-ZiG era, on the VFEX ,the bourse gained 1% in market cap,” the report reads in part.
By Mthandazo Nyoni
May. 10, 2024
Economists condemn iron hand tactics in push for ZiG acceptance
Informal traders and some retail outlets are only accepting payments in the US dollar, while government is offering some of its services exclusively in foreign currency.
By Tinashe Kairiza
May. 10, 2024
Govt ‘regrets’ tax hike
Mnangagwa said the IMTT hike was a social and economic experiment to see how people and businesses would react upon which it would be reviewed.
By Priviledge Gumbodete
May. 10, 2024
‘ZiG was imposed on Zimbos’
President Emmerson Mnangagwa has on several occasions been accused of abusing Presidential Powers (Temporary Measures) Act to dodge consulting the Legislature.
By Tapiwa Zivira
May. 10, 2024
