Zimbabwe Revives Gold Coin Production as Bullion Prices Surge
Zimbabwe's Central Bank Resumes Gold Coin Issuance
In a noteworthy development, Zimbabwe's central bank has made the decision to reinstate the issuance of gold coins, a program that had been temporarily halted for a period of ten months. This revival is not just a procedural footnote; it’s a strategic maneuver aimed at stabilizing the local currency, the Zimbabwean Gold (ZiG), which is currently grappling with significant challenges stemming from policy missteps. The financial landscape in Zimbabwe is particularly…