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Ray Ndlovu

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

Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG

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

Gloomy anniversary : US dollar suffocates the ZiG

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