Categories
News

Zimbabwe: ZiG ‘Crisis’ a Recipe for Disaster- – Opposition Raises Worry Over New Currency Scarcity

Source link : https://www.afric.info/2024/07/17/news/zimbabwe-zig-crisis-a-recipe-for-disaster-opposition-raises-worry-over-new-currency-scarcity/

OPPOSITION Labour Economists and Afrikan Democrats (LEAD) has flagged the scarcity and lack of confidence surrounding the newly introduced Zimbabwe Gold (ZiG) currency. The central bank debuted the ZiG on April 5, 2024, replacing the Zimbabwe dollar, which had lost 80% of its value against the US dollar on the official market. The ZiG is […]

—-

Author : AFRICA-NEWS

Publish date : 2024-07-17 08:46:55

Copyright for syndicated content belongs to the linked Source.

.. . . . . . . . . . . . . . . . . . . . . . . . . .... . . * . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . + + + + + + + + + + + + + + + + + + + + - - - - - - - - - - - - - - - - - - - - . . . . .