Die ekonomie minuut

Zim's new Zimbabwe Gold (ZiG) currency


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Zimbabwe's new gold-backed currency is all over the news. Their inflation rate stands at 55% and the RTGS Zim dollar has already lost three quarters of its value this year. One sincerely hopes that the so-called ZiG or rather Zimbabwe Gold, can bring economic stability. Unfortunately, there are many reasons to be sceptical.

This episode is supported by the NWU Business School.

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Die ekonomie minuutBy Waldo Krugell


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