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

Two earlier IMF staff-monitored programmes collapsed within 15 months, and Begbie predicted similar outcomes for future ...

The International Monetary Fund (IMF) has reaffirmed its support for Zimbabwe's reform agenda but said meaningful financial aid remains off the table until the country addresses its staggering debt ...

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

Zimbabwe's gold reserves have grown to 3.4 metric tons to back the Zimbabwe Gold (ZiG) currency, introduced in April 2024.

Explore what to expect now that the Zimbabwe ZiG price has crashed and what to expect in the coming months this year.

Zimbabwe is steadily building its gold reserves to support the Zimbabwe Gold (ZiG) currency introduced in April last year, with reserves now standing at 3.4 metric tons, the Presidential ...

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

Street vendors and small business owners who spoke to eNCA in Harare said the use of the Zig only would be disastrous.

In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining ...

FINANCIAL services firm, IH Securities, says the Zimbabwe Gold (ZiG) depreciated by 2,86% on the parallel market in May as demand for the United States dollar continues. Last week, the central bank ...