Africa Rise & ShineAfrica Rise & Shine

Analysis: Introduction of Zimbabwe’s new gold-backed currency called ZiG

View descriptionShare

Chief Executive Officer at the Zimbabwe National Chamber of Commerce, Takunda Mugaga, says the introduction of the new gold-backed currency called ZiG, which stands for Zimbabwe Gold -could push for confidence in the country's economic growth. ZiG was introduced yesterday and replaces the previous currency Zimbabwean dollar, which has lost three-quarters of its value so far this year.

Zimbabweans have just under 20 days to exchange old, inflation-hit notes for the new currency.  For analysis and reaction on this, Aurelie Kalenga spoke to Christopher Takunda Mugaga, Chief Executive Officer at the Zimbabwe National Chamber of Commerce, Dr Brian Sendze, He is Director of Free Enterprise Initiative in Zimbabwe as well as Dr. Prosper Chitambara, Independent Economist...

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. Africa Rise & Shine

    3,240 clip(s)

Africa Rise & Shine

News headlines
Recent clips
Browse 3,346 clip(s)