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Zimbabwe's local currency, ZiG, purportedly backed by gold and adequate foreign currency reserves, has now become an unintended catalyst for economic deterioration
LEADING investment firm Imara Asset Management has poked holes into the recently announced Monetary Policy Statement, casting doubts on the central bank’s claims that the new...
After the recent introduction of a new currency, Zimbabwe Gold (ZiG), in the economy to replace the worthless Zimbabwean dollar or bond note which was on...
WHAT Zimbabwe urgently needs is not yet another currency gimmick but confidence and trust in the governance of this troubled country. The ill-fated decision to change...
THE Zimbabwe Congress of Trade Unions (ZCTU) and the Amalgamated Rural Teachers’ Union of Zimbabwe (Artuz) have expressed grave concern over the new structured currency, saying...
MIKE MAHARREY ON 5 April, Zimbabwean officials introduced a gold-backed currency in an effort to stabilise the economy. But the root of the country’s problem remains–the...
IN a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid arbitrage, the Zimbabwean government will next week launch a “structured...
APPETITE for gold-backed digital tokens improved this year amid anxiety after the authorities hinted at far-reaching monetary reforms to defend the value of the local currency,...
. . nation mulls new currency board UNITED States-based Johns Hopkins University’s applied economics Professor Steve Hanke had all the bragging rights after an economic prescription...
EDDIE CROSS Last week I wrote 2000 words on why it was not in our national interest to continue with the use of foreign currencies for...
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