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My Afrika Magazine

January 19, 2026

Tag: currency

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Zimbabwe’s Gold-Backed Currency (ZIG): Following The Footsteps of US Dollar (USD$)

by Ngoni Mamvura
October 18, 2024 0 00 6 mins 1 yr 520

OPINION: Zimbabwe’s Gold-Backed Currency (ZIG), following The Footsteps of US Dollar (USD$)It is premature to predict the demise of Zimbabwe’s gold-backed currency (ZIG) based on the recent inflationary pressures the country is experencing. In pursuit of economic stability and growth, Zimbabwe’s decision to adopt a […]

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