in

Arrogance, not gold, backs ZiG, Zim retailers say – and it’s killing formal shops

Source link : https://www.afric.info/2024/09/25/news/arrogance-not-gold-backs-zig-zim-retailers-say-and-its-killing-formal-shops/

A cashier in a leading supermarket dispenses the new ZiG10 note, short for Zimbabwe Gold, from a till as change in Harare. (Jekesai Njikizana/AFP) Since its debut in April the Zimbabwe Gold currency has lost 80% value on the black market.The government is maintaining a formal rate of exchange that is losing them money and […]

Author : AFRICA-NEWS

Publish date : 2024-09-25 10:11:53

Copyright for syndicated content belongs to the linked Source.

Londoner

Inside the strain challenging the US Secret Service