Zimbabwe's new currency to be called Zimbabwe Gold | World Business Watch
Zimbabwe's new currency to be called Zimbabwe Gold | World Business Watch
Zimbabwe will soon have a new currency. The southern african nation is replacing its collapsing local currency with a new one backed by gold and foreign currencies. By doing so, its central bank hopes to stabilise and bring down inflation.
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Big congratulations to zimi people….all they just need is a good leader and now they have it…I wish it happened in my country….love from Nigeria 🇳🇬🤝🇿🇼
Its looting scam
Step by step, thats a good move, real currency has gold backing it up. It will be growing in power with time. Who ever is against this has no knowledge of what money is and what fiat currency is
Am very disappointed with some us who are always negative towards Zimbabwe ,look our Gvt is doing us it's best and there we are in disapproval .I know that the dollar is good but come on guys let us at once be proud of our government's efforts.
Zimbabwe 🇿🇼 will rise again ❤
The new currency is backed by $100 million of a mix of currencies and $185 million of precious metals, of which gold is the largest component. Hardly call that a gold-backed currency. Just pure manipulative marketing to call the currency ZiG (Zimbabwe Gold).
Watching from Space
My beautiful Zimbabwe 🇿🇼
It is not back by gold guys
Kkkkk
The Philippines has the same plan of a gold backed currency, Philippine Islands gold, PIG.
Backed by 1.1tonnes of gold. That is extremely weak for a national currency
look at all the corrupted politicians… african are poor because of these guys
We are doing what we are doing
Tseki away with yr papers
Gaddafi dream for Africa
im not happy about the new curency mnangagwa must step down zimbabwean people are suffering tomuch
Could someone please explain why Zimbabwe, after so many years, refuses to adopt the RAND ZAR as its official currency and continues the practice of introducing new currencies annually?
Very interesting I used to live in Zimbabwe 🇿🇼
Close but no cigar. Paper is not gold, no matter how many times you say it is.
This is very good News! Who ever came up with that idea is a Genius! The Whole Africa needs to copy that! because when we were building Pyramids in Egypt and the Great Zimbabwe stone House as Africans, we where more advanced than China, India, Japan, Russia and Germany! Great Britain by then was part of Germany and USA was not yet born! so we can bounce back as the GREAT AFRICA!
Face yagoverner is saying it all
Scam
Crooks
Way to go
Mhlolo ka James
Ma usa obiwa zvakare
Trade the damn thing in for gold asap.
We all know what the end result of currency is no matter what is promised.
they already tried something similar not so long ago and it didnt work, obviously, so how is this attempt is any different?
Haya 😅 zvatotanga so
Drop the use of US dollar
Do they still have 1 trillion bills?
Very interesting. I hope it makes a positive difference for all Zimbabweans.