ZiG Currency: Zimbabwe Crackdown on Black Market Exchange

Zimbabwe’s authorities have been cracking down on the unofficial market for the country’s new gold-backed currency, the ZiG, in a bid to stabilize the economy. The government has imposed fines for transactions not conducted at the official exchange rate, forcing street dealers to abandon their usual spots and switch to mobile phone messaging platforms to … Continue reading ZiG Currency: Zimbabwe Crackdown on Black Market Exchange