Business

RBZ announces steps to strengthen ‘sick’ ZiG

The Reserve Bank of Zimbabwe (RBZ) says it has put in place measures to strengthen the Zimbabwe Gold (ZiG) which economic analysts say is weakening with each passing day.

The RBZ’s Monetary Policy Committee recently met and came up with the measures.

Like other currencies before it, the ZiG has not been performing well since its inception, amid calls for the monetary authorities to address economic

Some of the interventions include the following:

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