You could easily spend thousands on a fishing rod that’s ultralightweight ... that weigh every bit as much as the aforementioned bait rig. In most cases with artificial angling methods, you ...

President Emmerson Mnangagwa has addressed the ongoing turmoil surrounding Zimbabwe’s five-month-old gold-backed currency, the Zimbabwe Gold (ZiG), while defending its backing by gold reserves.

Finance Minister Mthuli Ncube said the Zimbabwe Gold (ZiG) currency is indeed backed by gold, but its exchange rate is not tied to gold. Ncube made these remarks during an interview with journalists ...

Israel may respond to Iran’s major Tuesday ballistic missile attack by striking strategic infrastructure, such as gas or oil fields, or by directly targeting Iran’s nuclear sites, media ...

Last week, formal retailers warned the government they would go out of business if they were forced to continue selling at the artificially high official rate for Zimbabwe Gold (ZiG) currency.

Crispus is a Financial Analyst for Invezz covering the stock, cryptocurrency and forex markets. He’s an experienced analyst with more than 8 years of industry experience. His analysis is ...

A vendor shows a ten Zimbabwe gold-backed (ZiG) note along a street in Harare, Zimbabwe, July 17, 2024. REUTERS/Philimon Bulawayo HARARE, Oct 1 (Reuters) – Zimbabwe’s bankers on Tuesday ...

North America added six rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on September 27. The U.S. dropped one rig week on week, while Canada added ...

Retail watchdog says the abrupt change contradicts assurances about the ZiG’s stability and its purported gold backing. Illegal money changers stay put on the streets despite mass arrests. Pensioners' ...

This move comes after Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu’s sudden 43% devaluation of the currency last week, leaving many Zimbabweans doubtful about its future viability.

The ZiG, short for Zimbabwe Gold, was quoted at 24.88 per dollar compared with 24.39 on Friday, according to data compiled by Bloomberg. The ZiG was devalued last week in the face of persistent ...

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