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, ...
HARARE, Zimbabwe (AP) — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was ...
This month, the Central Bank of Zimbabwe launched a new gold-based currency, the first gold-based currency from a government since Richard Nixon effectively ended the world gold standard system in ...
Gold and foreign-currency reserves supporting Zimbabwe’s bullion-backed currency, the ZiG (Zimbabwe Gold), hit a record high in June, according to the central bank. ・Zimbabwe's central bank reported ...
HARARE, Dec 17 (Reuters) - Zimbabwe has reversed plans to double its gold royalty rate to 10%, a new 2026 budget bill showed on Wednesday, following protests by miners and industry groups. A royalty ...