Ditch ZiG : CEOs
... as currency crisis deepens
PHILLIMON MHLANGA AND LIVINGSTONE MARUFU Government should ditch the local currency, the Zimbabwe Gold (ZiG, which is increasingly failing to hold its value, largely due to its unrelenting depreciation relative to all major currencies, hurting businesses more and more, Business leaders have said. The fragibility of the currency is also threatening the viability of local companies. The government is under severe pressure than ever to stabilize the economy,…
