The introduction of Zimbabwe Gold (ZiG) coins and banknotes today comes as a welcomed relief for the public. Confidence in this gold-backed currency is steadily gaining traction across various sectors of the economy.
The public, including commuters and informal dealers, has been eagerly awaiting this electronic payment option. This release is a significant development since, since the launch of ZiG on April 5th, the only alternative feasible option for hard currency cash transactions has been eliminated.
In another story, RBZ Launches Second Phase of Awareness Campaign for Zimbabwe Gold (ZiG) Currency. The Reserve Bank of Zimbabwe (RBZ) has initiated the second phase of awareness campaigns for the newly introduced structured currency, Zimbabwe Gold (ZiG), aiming to disseminate information to every corner of the nation.
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This campaign, a collaborative effort with the Ministry of Information, Publicity, and Broadcasting Services and the Parliament of Zimbabwe, underscores a concerted push to ensure comprehensive outreach.
RBZ Governor John Mushayavanhu, in a statement on Thursday, April 25, emphasized the significance of partnering with key governmental bodies to maximize the dissemination of crucial information.
Mushayavanhu highlighted the expansive reach of the Ministry of Information, attributing its effectiveness to its nationwide media coverage, while also stressing the importance of Parliament’s role as representatives of the people.
He articulated, “If you go through the Members of Parliament, you will be able to reach all corners of the country… they can guide us and help us to spread this message. So we are embarking on this campaign starting immediately.”…read in full