Day: April 5, 2024

Zimbabwe Introduces ZiG Currency Backed by Gold and Foreign Reserves

Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu recently unveiled plans for the introduction of a new currency, ZiG (Zimbabwe Gold), which will be backed by a diverse array of assets including foreign currencies, gold, and other precious metals. During the presentation of the 2024 Monetary Policy Statement (MPS) on April 5, 2024, Mushayavanhu disclosed […]

Heart Stadium Approved to Host Premier Soccer League Matches

ZIFA’s First Instance Board granted approval on Thursday for Prophet Walter Magaya’s Heart Stadium to serve as a venue for Premier Soccer League matches. The 5000-seat stadium is set to welcome its inaugural top-flight league fixture on Saturday as Khama Billiat’s Yadah Stars take on Simba Bhora. Having been inaugurated officially last December by President […]

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