Zimbabwe Archives

Zimbabwe

11 June, 2024

Zimbabwe cracks down on black market forex trade to prop up ZiG currency

Since the revived crackdown began, bankers say forex volumes on official channels have increased, but some merchants still refuse to...

Zimbabwe launches gold-backed ZiG notes and coins, but mistrust still high

Finance

Steve Kaaru

6 May, 2024

Zimbabwe launches gold-backed ZiG notes and coins, but mistrust still high

After launching digitally a month ago, the physical versions of the ZiG gold-backed currency have debuted, but many businesses are...

Zimbabwe launches new gold-backed currency, but age-old challenges remain

Business

Steve Kaaru

12 April, 2024

Zimbabwe launches new gold-backed currency, but age-old challenges remain

It was the U.S. dollar and South African rand, and then Zimbabwe switched to a USD-backed bond note, then the...

Reserve Bank of Zimbabwe introduces gold-backed digital token ZiG

Business

Wahid Pessarlay

15 October, 2023

Reserve Bank of Zimbabwe introduces gold-backed digital token ZiG

The Reserve Bank of Zimbabwe (RBZ) introduces Zimbabwe Gold (ZiG), a gold-backed digital token, as legal tender for retail use.

Zimbabwe mulls retail gold-backed digital tokens following initial successes

Business

Wahid Pessarlay

19 August, 2023

Zimbabwe mulls retail gold-backed digital tokens following initial successes

As other African countries explore CBDCs, Zimbabwe plans to follow the trend of using retail gold-backed digital tokens in an...

Blockchain brings economic gains to African farmers with more reliable supply chains

Business

Jon Southurst

21 June, 2023

Blockchain brings economic gains to African farmers with more reliable supply chains

nChain's study titled "Immutable Livestock Tracking and Compliance Logs Using Blockchain" tracks cattle from birth, recording all meaningful events in...

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Steve Kaaru

21 Nov 2024

Zimbabwe

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