Zambia: Mr. Strong ZiG Finally Buried – Africa Links 24

By Business Reporter- The much-vaunted Zimbabwe Gold (ZiG) currency has officially collapsed, a senior member of the Reserve Bank of Zimbabwe (RBZ) has revealed.

Persistence Gwanyanya, a member of the RBZ’s Monetary Policy Committee, confirmed the currency’s downfall at the Insurance Institute of Zimbabwe’s annual conference in Victoria Falls, attributing the collapse to a lack of public confidence in the currency.

Launched…