The ZiG was introduced following the rapid depreciation of the Zimbabwe dollar (ZWL).
‘New currency averted systems crash’
It replaced the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
‘Inflation forecast unrealistic’
As such, monthly inflation rates are expected to be well below 1%, while annual inflation is projected to close the year below 5%.
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Innovative crowd-investing app ‘PiggyBankAdvisor’ launched
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Forbes 30 Under 30 Summit Africa spotlights Zim vegan cuisine
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Herbicides: Bad news for local food security
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.
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