Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges for the Southern African country’s efforts to stand up a local ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...

But in late September, authorities slashed the value of the new gold-backed currency by more than 40 percent. The ZiG is only one of several attempts Zimbabwean authorities have made to introduce ...

Economist and investor Lynette Zang sits down with Sound Money Defense League’s Jp Cortez for a powerful discussion on the ...

Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence. A supermarket cashier dispenses a new 10 ZiG note from a till as change in Harare, ...

Less than six months after its launch, Zimbabwe’s gold-backed currency, the ZiG, has suffered a dramatic devaluation, losing over 40% of its value against the US dollar. This development underscores ...

Zimbabwe’s ambitious attempt to stabilize its economy with a new gold-backed currency, the ZIG, has faced significant challenges. In the face of a harsh economic landscape, the ZIG’s value has ...