The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
Business
By Ray Ndlovu
Sep. 22, 2024
The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.
Business
By Ray Ndlovu
Apr. 6, 2025
Its stance has led to a liquidity crunch that’s impacted the bourse and forced local investors to look elsewhere.
Business
By Ray Ndlovu
May. 11, 2025