Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu says making ZiG fully convertible for all local transactions will result in complete dollarisation of the economy as a weaker local currency cannot compete with a strong one such as the US dollar. The central bank introduced a new currency, ZiG, on April 5 this year.…
Govt considered cryptocurrency to deal with currency crisis…as Mushayavanhu reveals ZiG creation zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.
The government has set a new US$40 billion by 2030 target for the mining sector. This came as the industry recorded US$20,5 billion in exports over the past five years.