The new currency 'ZiG' is hoped to restore public confidence

Author Avatar

TRT World

Joined: Mar 2024
Spread the love


The new currency 'ZiG' is hoped to restore public confidence


Finally to Zimbabwe’s latest effort to make increasingly worthless money, worth something. The government hopes its newest currency – the ZiG – will stop Zimbabweans from using the dollar and help the country bring down inflation which has been driving prices up. Randolph Nogel reports.

Subscribe:
http://trt.world/subscribe
Livestream:…

source

Reviews

0 %

User Score

0 ratings
Rate This

Sharing

Leave your comment

Your email address will not be published. Required fields are marked *

23 Comments

  1. False news. We already had change using Bond notes until the introduction of the Zig by the government last month and their statement that they will stop the use of Bond notes yet they had not issued any Zig currency into the streets. As a result people have had trouble finding change as nobody wanted the phased out Bond notes anymore including every shop or business. It was an utter shitshow created by the reserve bank, so these interviews about people's change problems to be solved by the Zig portrayed in the video are of a misleading nature. The truth on the ground is that the government is not only incompetent but also incapable of handling the currency crisis the country is facing, let alone introduce a new currency. Search for video interviews by Professor Mugano here on YouTube and you'll see why the Zig is herding towards a catastrophic failure

  2. When there is a will, there is a way. Kudos to Zimbabwean to undertake this good, bold and brave step.

    In Malaysia, the authorities have the title, position and PHD degrees, but they don’t have the will to backed the ringgit with gold @ 4th May 2024.

  3. May the Fourth — also known as “Star Wars” Day — has inspired events across the area. The day just happens to also fall on Free Comic Book Day. Several activities focus on children, crafts and, of course, comic books, providing space for families to celebrate their love of the movie series.