ZiG

Zimbabwe’s gold-backed currency, the ZiG, is veering toward a precipice—not due to rapid devaluation, but rather through a growing sense of irrelevance. This assertion comes from Imara Asset Management, recognized as Zimbabwe's oldest independent brokerage. The looming question is: Can a currency survive when it seems to fade into the background of economic activity? Unlike previous currency crises in the nation, which were often sparked by the destructive forces of hyperinflation, the problem with the ZiG seems to lie more…