What's behind Zimbabwe's debt crisis gold gamble? – DW – 06/04/2025
06/04/2025
June 4, 2025
Zimbabwe's latest effort to stabilize its economy comes in the form of the Zimbabwe Gold (ZiG), a gold-backed currency introduced in April 2024 to combat hyperinflation, restore confidence and address mounting debt. However, the ZiG has rapidly lost value on the parallel market. DW's Josey Mahachi speaks with Zimbabwean Finance Minister Mthuli Ncube.
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