Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 per dollar from ZiG13,99 as ...

The latest approach to the ZiG currency supposedly backed by physical gold – which hit an all-time high price last week – has ...

Zimbabwe's gold-backed ZiG currency fell more than 40% against the U.S. dollar on the interbank market from Thursday to ...

The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand.

Was there ever a time you wished you could travel through time? Just cross the International Date Line (IDL), that’s how.

Research shows that people who can quickly disregard the zig-zagging lines and find the hidden image have higher than average ...

The introduction of the Zimbabwe Gold Currency (ZiG) sought to symbolise a shift towards economic sovereignty, self-reliance and stability.

Zimbabwe’s bankers on Tuesday warned the central bank about the impact of any future shocks to the local currency to avoid ...

Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid ...

The Zimbabwe National Students Union (Zinasu) has voiced its concerns over the rapid devaluation of the local currency, ...

In conclusion, the introduction of the ZiG was a classic example of hubris overriding national interest. By rushing to ...