News

Tankers U-turn, zig-zag, pause around Strait of Hormuz
SINGAPORE/LONDON (Reuters) -At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes ...
Zimbabwe’s ZiG Currency: How Does It Work, and Can It Last?
Zimbabwe’s gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors ...
Money Metals Exchange9d
IMF Wants Gold-Back ZiG to Be Zimbabwe's Only Currency
The IMF supports the Zimbabwe gold-backed ZiG “fully becoming a national currency,” replacing the U.S. dollar as the ...
Bulawayo24 News1d
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold ...
iHarare News20h
WATCH: Minister Urges Junior MPs to Expose Schools Rejecting ZiG Fee Payments
WATCH: Minister Urges Junior MPs to Expose Schools Rejecting ZiG Fee Payments Education Minister Torerai Moyo has urged ...
The Zimbabwe Mail2d
Zimbabwe Central Bank reserves backing the ZiG currency doubles up ahead of shift to monocurrency
President Emmerson Mnangagwa on Thursday conducted an inspection of the Reserve Bank of Zimbabwe’s (RBZ) vaults, confirming ...
Devdiscourse6d
Currency Credibility: Zimbabwe's Challenges with ZiG-Dollar Dynamics
Zimbabwe's gold-backed currency claims stability but struggles with credibility. Despite $701 million in reserves, a parallel ...
NewZimbabwe.com9d
Local banks ready to dispense ZiG from ATMs— says RBZ, assures of currency availability
Spread This NewsBy Staff Reporter  ZIMBABWE’s apex bank has pacified the public stating that the elusive Zimbabwe Gold ...
allAfrica.com on MSN9d
Zimbabwe: RBZ Moves to Ease ZIG Cash Concerns, Assures Public of Ample Supply
The Reserve Bank of Zimbabwe (RBZ) has moved to allay growing public concern over the availability of physical ZiG currency especially outside the capital saying the local currency is gaining ...