Chiwenga Rubbishes Mnangagwa’s ZiG 

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Chiwenga Rubbishes Mnangagwa’s ZiG.
Acting President Constantino Chiwenga has signalled that he may phase out the Zimbabwe Gold (ZiG) currency and introduce a new monetary system, as the ZiG continues to lose value on the black market.
Currently, the ZiG is trading at a shocking US$1:24, a dramatic drop from its launch rate of US$1:13.50 in just five months.
Many businesses have begun rejecting the currency, prompting Chiwenga to urge citizens to rally behind it.
His remarks come in the absence of President Emmerson Mnangagwa, who is on a state visit to China, fueling speculation that Chiwenga is positioning himself to succeed Mnangagwa in 2028.
*Source: www.zimeye.net...
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