Zimbabwe’s gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors ...

By CHRIS TAKUDZWA MURONZI and Colleen Goko HARARE/JOHANNESBURG (Reuters) -Zimbabwe's gold-backed currency now has more than ...

The IMF supports the Zimbabwe gold-backed ZiG “fully becoming a national currency,” replacing the U.S. dollar as the ...

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Education Minister, Torerayi Moyo has issued a firm directive to all schools across the country to accept both the United States dollar (USD) and the Zimbabwe Gold (ZIG) currency for the payment of ...

Zimbabwe's gold-backed currency claims stability but struggles with credibility. Despite $701 million in reserves, a parallel ...

Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold ...

President Emmerson Mnangagwa on Thursday conducted an inspection of the Reserve Bank of Zimbabwe’s (RBZ) vaults, confirming ...

The International Monetary Fund said it would like to see the ZiG “fully becoming a national currency,” as it weighs whether ...