Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international ...

Spread This News This article was originally published by Global Press Journal. By Gamuchirai Masiyiwa, GPJ Zimbabwe HARARE, ...

Gold coins were reintroduced to the market by the Reserve Bank in April to counter the rising global gold price. However, ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG ...

Since it was launched electronically on April 5, the ZiG - short for Zimbabwe Gold and backed by the country’s gold reserves - appears to be heading down the same path of mistrust, with some ...

Zimbabwe’s central bank is again issuing gold coins it scrapped ten months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG. Minting of the so ...

Zimbabwe's central bank has introduced a new gold-backed currency, ZiG, to combat high inflation. This is Zimbabwe's sixth attempt at a new currency since 2008.

After dabbling in literal gold coins and centrally issued digital variants, Zimbabwe’s central bank is saying the ZiG is a chance for a “solid and stable” national currency.

Zimbabwe is holding gold coins valued at $501,390 as its only reserves, enough to buy only 1,400 tonnes of maize, the finance minister said on Wednesday, highlighting the parlous state of the ...

The ZiG is the sixth currency Zimbabwe has used since the spectacular 2009 collapse of the Zimbabwe dollar amid hyperinflation of 5 billion percent, one of the world’s worst currency crashes to ...