The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to stem inflation and even trying out a digital currency. Since it was launched ...

The bulk of the coins were bought using the Zimbabwean dollar, which was replaced by the ZiG in April, after it lost 80% of its value against the greenback in just under four months. Governor John ...

"This currency will be issued in the form of notes and coins. All reserves of the Zimbabwean dollar will be transferred to it. The new currency will be backed by reserves of foreign currency and ...

HARARE – Truworths, once a high-end clothing retailer with over 100 branches across Zimbabwe, is being sold for just one dollar after going insolvent. The company’s downfall reflects the deep ...