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Vendors and businesses reject Zig-only idea

Vendors and businesses reject Zig-only idea

eNCA3 days ago

HARARE - Small businesses in Zimbabwe say being restricted to using the Zimbabwean gold currency would destroy their livelihoods.
The International Monetary Fund has suggested the sole use of the Zig in order to stabilise the economy.
The currency replaced the Zimbabwe dollar in April last year.
But the rand and the US dollar remain legal and popular currencies.
Local and foreign supermarket chains have already closed shops in Zimbabwe, citing Zig instability.

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Vendors and businesses reject Zig-only idea
Vendors and businesses reject Zig-only idea

eNCA

time3 days ago

  • eNCA

Vendors and businesses reject Zig-only idea

HARARE - Small businesses in Zimbabwe say being restricted to using the Zimbabwean gold currency would destroy their livelihoods. The International Monetary Fund has suggested the sole use of the Zig in order to stabilise the economy. The currency replaced the Zimbabwe dollar in April last year. But the rand and the US dollar remain legal and popular currencies. Local and foreign supermarket chains have already closed shops in Zimbabwe, citing Zig instability.

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