Zimbabwe’s gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors. Short for Zimbabwe Gold, the ZiG replaced the Zimbabwean dollar in April ...

Backed by gold and foreign currencies, Zimbabwe’s fledgling currency has steadily risen in its debut week of trading, with an outsize gain on Thursday. After launching on Monday at $13.56 to the U.S.

Zimbabwe’s new currency was assigned its own code, more than two months after it was launched in the southern African nation’s sixth attempt to introduce a stable unit. The so-called ISO 4217 ...

HARARE, Zimbabwe — Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar illuminated ...

Zimbabwe’s dollar-only stock exchange, created in 2020 amid a currency crisis, is narrowing the gap with the 131-year-old ...

Introduced on 5 April to replace the Zimbabwean dollar, the new Zimbabwe Gold (ZiG) currency has strengthened against its benchmark, the United States dollar, on the official market, appreciating by ...

HARARE – Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar lit by cellphone ...

HARARE, Zimbabwe (AP) — Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar lit by ...

HARARE, Feb 25 (Reuters) - Zimbabwe’s new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to ...