Nyasha Chingono - Zimbabwean informal traders are refusing to accept the local dollar for fear it will be worthless in a few weeks, when the government's new gold-backed currency.
The government of Zimbabwe through the Reserve Bank of Zimbabwe (RBZ) has launched a new currency, which it calls the Zimbabwe Gold (ZiG).We have been here befo.
PRESIDENT Emmerson Mnangagwa s appointment of veteran bank John Mushayavanhu as the new Reserve Bank of Zimbabwe (RBZ) governor has been challenged by two unive.
Zimbabwe has introduced a new national currency aimed at stabilizing the economy and countering the devaluation of the local dollar in the southern African nati.
In a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid entrenched arbitrage, the Zimbabwean government will.