Zig - The Southern Eye

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

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NEWS & CURRENT AFFAIRS

Topic : Zig

US dollar reigns: Why ZiG struggles to gain ground in banking landscape

With the introduction of the Zimbabwe Gold (ZiG) currency in April 2024, the Reserve Bank of Zimbabwe (RBZ) aimed to gradually grow its share in the

By Kudakwashe Taimo Apr. 25, 2025

US dollar reigns: Why ZiG struggles to gain ground in banking landscape

ZiG@One — Successes, challenges, way forward

This article explores the successes and challenges of ZiG over the past year, examining its impact on inflation, foreign exchange stability, and public trust.

By Elisha Mavodyo Apr. 17, 2025

ZiG@One — Successes, challenges, way forward

Pensions industry’s financial position strengthens in 2024

The growth, from a 2023 comparative of US$2 billion, expands the industry’s investment capacity.

By Tatira Zwinoira Apr. 14, 2025

Pensions industry’s financial position strengthens in 2024

RBZ walks the talk on ZiG: Expert

Experts in the financial and industrial sectors have welcomed the development, describing it as a turning point in Zimbabwe’s monetary policy.

By Tatenda Kunaka Apr. 14, 2025

Zimbabwe’s foreign currency reserves surge past US$600m mark

Experts in the financial and industrial sectors have welcomed the development, describing it as a turning point for Zimbabwe’s monetary policy.

By Business Reporter Apr. 12, 2025

Zimbabwe’s foreign currency reserves surge past US$600m mark

Our ZiG currency: So far so good, but...

Such practices further erode confidence in ZiG, pushing more Zimbabweans towards full dollarisation. If this trend continues, the consequences will be dire.

By The Zimbabwe Independent Apr. 11, 2025

Our ZiG currency: So far so good, but...

A year on, ZiG now a part-time currency

ZiG is being used as change in the informal sector as traders prefer the United States dollar to the local currency.

By Newsday Apr. 7, 2025

Gloomy anniversary : US dollar suffocates the ZiG

The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.

By Ray Ndlovu Apr. 6, 2025

Gloomy anniversary : US dollar suffocates the ZiG

Editorial Comment: ZiG experiment is faltering

Cross recently told Bloomberg that that the liquidity crunch had “now killed the ZiG.” “The ZiG has retreated as a currency of trade and effectively we have dollarised,” he said.

By The Standard Apr. 6, 2025