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John Mushayavanhu, governor of Zimbabwe's central bank, anounces a new currency unit called ZiG during a news conference in Harare, Zimbabwe, on Friday, April 5, 2024. Zimbabwe, in its latest bid to end the serial collapse of the local dollar, has replaced it with a new unit called ZiG, which will be backed by a basket of foreign currencies, gold and other precious metals.
Sign up here for the twice-weekly Next Africa newsletter, and subscribe to the Next Africa podcast on Apple, Spotify or anywhere you listen.
John Mushayavanhu, governor of Zimbabwe's central bank, anounces a new currency unit called ZiG during a news conference in Harare, Zimbabwe, on Friday, April 5, 2024. Zimbabwe, in its latest bid to end the serial collapse of the local dollar, has replaced it with a new unit called ZiG, which will be backed by a basket of foreign currencies, gold and other precious metals.
Anmelden
