Editorials

Flip-flopping kills confidence in ZiG

NewsDay Staff ·

Flip-flopping kills confidence in ZiG

IF the new currency, Zimbabwe Gold (ZiG), fails, there will be no one to blame as fingers will point to its supposed chief marketing officer, Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu.

Since the release of the new measures expected to attain exchange rate stability and accelerate the continued use of the local currency, Mushayavanhu has been literally hopping from one gaffe to another.

First, he told the public that the new ZiG notes and coins would be introduced on April 8.

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