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Zambia: RBZ Forces Nation to Accept ZiG as Legal Tender Amid Economic Turmoil – Africa Links 24

Zambia: RBZ Forces Nation to Accept ZiG as Legal Tender Amid Economic Turmoil – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2024-10-29 12:39:39

RBZ Forces Nation to Accept ZiG as Legal Tender Amid Economic Turmoil

By A Correspondent

In a significant move amidst ongoing economic challenges, the Reserve Bank of Zimbabwe (RBZ) announced on Monday that the Zimbabwe Gold currency (ZiG) is now recognized as legal tender.

This decision comes as the country grapples with a depreciating currency and rising inflation, triggering widespread concern among citizens.

The RBZ emphasized the legal framework…

Read the full article on The Zimbabwe Eye

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