Zimbabwe: RBZ Speaks On Sinking ZiG – Africa Links 24

By Business Reporter – The Reserve Bank of Zimbabwe (RBZ) has reported a 14-percentage-point surge in the use of the Zimbabwe Gold (ZiG) currency to 40% as of June 2025, up from 26% in April 2024, when it was introduced.

While the central bank hails this as a sign of growing acceptance, deep-rooted distrust of local currencies and Zimbabwe’s long history of monetary collapse continue to cloud its prospects.

Zimbabwe’s currency…