Ray Ndlovu
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Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG
The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu
Sep. 22, 2024
Gloomy anniversary : US dollar suffocates the ZiG
The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.
By Ray Ndlovu
Apr. 6, 2025
Zimbabweans rush into property as haven against volatile economy
Its stance has led to a liquidity crunch that’s impacted the bourse and forced local investors to look elsewhere.
By Ray Ndlovu
May. 11, 2025