ZiG

RBZ Governor Reverses Decision on Bond Notes Phase-Out

On Thursday, Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu reversed course on the phasing out of bond notes, asserting their continued legal tender status until further notice. During the launch of the new currency, Zimbabwe Gold (ZiG), on 5 April 2024,

May 3, 2024

Business·Zimbabwe

Air Zimbabwe now Accepting ZiG

On Friday, Air Zimbabwe announced its acceptance of Zimbabwe Gold (ZiG) payments, signaling confidence in the new currency. The airline, via a statement on X (formerly Twitter), emphasized its commitment to adapting to the evolving financial landscape by offering stakeholders convenient payment

April 26, 2024

Zimbabwe

Zimbabwe’s Gold-Backed Currency ZiG Weakens Amidst Gold Price Decline

Zimbabwe’s newly introduced gold-backed currency, the ZiG, experienced its first weakening since its launch earlier this month. According to central bank data, the currency traded nearly 1% lower at 13.38 per dollar on Thursday compared to the previous day, reflecting the recent

April 26, 2024

Zimbabwe

Chiwenga Issues Warning Against ‘Currency Speculators’ Undermining (ZiG) Currency

Vice President Constantino Chiwenga delivered a stern warning on Wednesday, April 24, directed at currency speculators allegedly sabotaging the newly introduced Zimbabwe Gold (ZiG) currency. Addressing attendees at the international business conference held at the Zimbabwe International Trade Fair (ZITF) in Bulawayo,

April 25, 2024

Fastjet accepting flight bookings payments in ZiG Picture Fastjet Zimbabwe

Business·Zimbabwe

Fastjet Zimbabwe Embraces Zimbabwe Gold (ZiG) Currency for Flight Bookings

In a significant development for the newly-introduced local currency, low-cost airline Fastjet Zimbabwe has announced that travelers can now use the Zimbabwe Gold (ZiG) currency to pay for their flight tickets. The Reserve Bank of Zimbabwe (RBZ) introduced the new currency to

April 23, 2024

Suggestions

RBZ Governor Reverses Decision on Bond Notes Phase-Out

Air Zimbabwe now Accepting ZiG

Zimbabwe’s Gold-Backed Currency ZiG Weakens Amidst Gold Price Decline

Chiwenga Issues Warning Against ‘Currency Speculators’ Undermining (ZiG) Currency

Fastjet Zimbabwe Embraces Zimbabwe Gold (ZiG) Currency for Flight Bookings

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