Zimbabwe’s stock market has plunged dramatically following the introduction of a new gold-backed currency, the ZiG. The crash comes after a period of significant growth as investors sought shelter from inflation and a collapsing Zimbabwean dollar.
ZiG currency
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Harare, Zimbabwe (New Zimbabwe) — Finance Minister Mthuli Ncube is facing mounting pressure as he hesitates to appoint independent auditors to assess…
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Zimbabwe’s Finance Minister, Mthuli Ncube, has announced a swift response to curb black market activity targeting the country’s newly introduced gold-backed currency,…
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Zimbabwe introduces the ZiG currency, sparking debates on its potential to stabilize the economy. Critics voice concerns over its long-term effectiveness and underlying economic strategies.
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