USD liquidity preference
We have noted with concern that most individuals, households, and businesses in Zimbabwe prefer to hold money in the form of cash (mostly US dollars).
By Batanai Matsika
Jul. 26, 2024
ZiG: So far so good
ZiG is backed by gold and cash reserves, with the central bank saying this week that it wants to bolster gold reserves to support the currency.
By Newsday
Jul. 19, 2024
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News in depth: Zimbabweans sceptical about country’s latest currency as it remains in short supply
The shortage also makes it difficult for people to make change on smaller transactions, leading prices to be rounded up to the nearest US dollar.
By Linda Mujuru
Jun. 23, 2024
Muckraker: Nepotism, cronyism our daily bread
They move around with bricks of mint United States dollars and shower them on supporters, the last stunt being giving Agriculture minister Anxious Masuka US$500 to buy a suit.
By Muckraker
Jun. 7, 2024
Unfair debt-to-equity ratio irks RBZ governor
According to experts, the optimal D/E ratio varies by industry, but it should not be above a level of 2,0.
By Mthandazo Nyoni
Jun. 7, 2024
‘ZiG powerless to fight cost-push inflation’
In April, RBZ governor John Mushayavanhu introduced a new currency, Zimbabwe Gold (ZiG), which is backed by gold and forex as part of measures to stabilise the economy.
By Tatira Zwinoira
Jun. 7, 2024
Time we have our own currency
It is not a secret that many politicians are implicated in this dirty game and for long have been left to aggravate our suffering as a nation.
By Johannes Marisa
Jun. 2, 2024
Waiting for the elusive ZiG
The local market bustles with activity, as farmers and traders engage in lively bartering — exchanging maize for soap, or vegetables for school supplies.
By Problem Masau
May. 29, 2024
The proof is in the pudding
The currency is backed by gold and cash, which makes it stronger than its predecessors, according to monetary authorities.
By Newsday
May. 25, 2024