Zim's new Zimbabwe Gold (ZiG) currency

from Die ekonomie minuut · host Waldo Krugell

Zimbabwe's new gold-backed currency is all over the news. Their inflation rate stands at 55% and the RTGS Zim dollar has already lost three quarters of its value this year. One sincerely hopes that the so-called ZiG or rather Zimbabwe Gold, can bring economic stability. Unfortunately, there are many reasons to be sceptical. This episode is supported by the NWU Business School.

Episode metadata supplied by the publisher feed · Published Apr 9, 2024

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Zim's new Zimbabwe Gold (ZiG) currency

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