RETAIL and distribution company, Axia Corporation Limited, reported a 12% decline in profit after tax to US$5,29 million for ...

Zimbabwe Gold, popularly known as the ZiG, has plunged to its lowest level against the US dollar, erasing all the initial gains. Data by the Reserve Bank of Zimbabwe (RBZ) shows that the USD/ZIG ...

The government has warned that it may scrap the United States dollar for local transactions without notice in a bid to ...

Zimbabwe’s currency, the Zimbabwe Gold, has stabilised over the past six months but people are preferring to use the United ...

Spread This NewsBloomberg Zimbabwe’s stock market regulator has ordered companies to report earnings in the local gold-backed ...

Sectors that predominantly transact in US dollars should also transact in local currency. The core issue in restoring trust ...

TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe Gold (ZiG), a TASS correspondent reported from a press conference of the country’s Central Bank in Harare. "The Reserve ...

Governor John Mushayavanhu earlier this month ordered companies listed on the exchange to adopt the ZiG, short for Zimbabwe Gold, for reporting purposes with “immediate effect” including for ...

is still pinning its hopes on the strength of the local gold-backed Zimbabwe Gold (ZiG) currency to compete against major currencies, including the United States dollar. Speaking during a Tourism ...

“Number one, the de-dollarisation strategy! We are calling it an endless cycle of failed de-dollarisation efforts. The ...