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Zimbabwe

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...

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Business

Steve Kaaru

20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...

Zimbabwe’s central bank launches gold-backed digital currency

Business

Wahid Pessarlay

12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...

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James Field

18 Sep 2025

Zimbabwe

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

Reserve Bank of Zimbabwe introduces gold-backed digital token ZiG

Zimbabwe mulls retail gold-backed digital tokens following initial successes

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

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s central bank launches gold-backed digital currency

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Trending

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