While locals only accept US dollars for trade given Zimbabwe’s fraught history of introducing new currencies, economists warn that the government’s attempts to impose Zimbabwe Gold (ZiG) may backfire, leading to higher US dollar prices as businesses cushion against ZiG payments.
While locals only accept US dollars for trade given Zimbabwe’s fraught history of introducing new currencies, economists warn that the government’s attempts to impose Zimbabwe Gold may backfire, leading to higher US dollar prices as businesses cushion against ZiG payments.of the new currency, with Kombi drivers, schools and parking attendants insistent on using US dollars for transactions – and increasing fees to hedge against potential currency issues that may arise.
Revenue diversification and the rollout of new brands has been central to Jane Karuku’s development plans at the beverage company.Nigeria’s list of strategic minerals lags behind discoveries of lithium, nickel, cobalt and tin. West African gold miner Thor Explorations says that d...The Nigerian government is pushing through the construction of the Lagos-Calabar coastal highway linking the southwest of Nigeria to the Niger Delta, ...
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