Sunday, June 8, 2025
No Result
View All Result
News Report  Zimbabwe
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News
No Result
View All Result
News Report  Zimbabwe
No Result
View All Result
Home News

“Zig has performed better “- Mthuli Ncube,.. social media users react

May 22, 2024
0
“Zig has performed better  “- Mthuli Ncube,.. social media users react

Finance Minister Mthuli Ncube has provided assurance that Zimbabwe’s new currency is performing better, despite its limited availability.

During an interview with SABC news, the Finance Minister emphasiSed the improved performance of Zimbabwe’s new currency, despite its scarcity.

However, despite previous commitments to accept the newly-introduced Zimbabwe Gold (ZiG) currency, commuter omnibus operators have reversed their stance, citing concerns about their ability to purchase fuel, which is exclusively sold in foreign currency.

Zimbabweans are apprehensive about the effectiveness of ZiG in addressing the country’s persistent inflationary pressures.

The government has been working to stabilise ZiG since its launch in early April, including cracking down on illegal foreign currency trading activities.

Some businesses, such as supermarkets, have been charging a premium for transactions conducted in the new currency, while informal traders continue to reject it.

Introduced last month as a measure to combat hyperinflation, Zimbabwe Gold (ZiG) initially existed only electronically but is now available in banknotes and coins.

Notably, products such as petrol and diesel are slated to be sold exclusively in ZiG currency, signaling the government’s commitment to its adoption and stability.

Source Newsreportzim.com

Tags: FINANCE minister Mthuli NcubeZimbabwe Gold (ZiG)

Related Posts

Two Zimbabwean Care Home Workers in the UK attacked, one killed

Two Zimbabwean Care Home Workers in the UK attacked, one killed

by Nyathi
June 7, 2025
0

A devastating attack on two Zimbabwean care home workers has left the community in shock and grief. Charity Kaseke, 24,...

Bulawayo Prison Horror-20 Years for Gang Assault

Stranded in Zimbabwe- The Plight of South African Nationals

by Nyathi
June 7, 2025
0

In the sweltering cells of Harare Remand Prison, a group of South African nationals are languishing, their lives put on...

Masvingo Council Official Takes His Own Life

Masvingo Council Official Takes His Own Life

by Nyathi
June 6, 2025
0

A shocking incident has rocked the Masvingo community after Pius Nyatsanza, the Planning and Economic Affairs Executive Officer for Masvingo...

Nephew Butchers  Uncle Over  Goat

Nephew Butchers Uncle Over Goat

by Nyathi
June 6, 2025
0

A chilling incident has shaken the village of Chinyama in Muzarabani, leaving a trail of death and destruction in its...

Truck Driver Loses Life in Brutal Robbery Attack

Truck Driver Loses Life in Brutal Robbery Attack

by Nyathi
June 5, 2025
0

A tragic incident has shaken the transport industry after a truck driver succumbed to severe injuries sustained in a violent...

Hyena Attack Leaves Man Fighting for Life

Hyena Attack Leaves Man Fighting for Life

by Nyathi
June 5, 2025
0

A terrifying encounter between a man and a hyena has left the community in shock. Wiseman Ngozo, a resident of...

Please login to join discussion

Trending News Today

  • Two Zimbabwean Care Home Workers in the UK attacked, one killed

    Two Zimbabwean Care Home Workers in the UK attacked, one killed

    129 shares
    Share 52 Tweet 32
  • ZEP Holders Breathe a Sigh of Relief as SCA Rules in Their Favor

    125 shares
    Share 50 Tweet 31
  • Fake Doctor leaves 23-year-old hypnotized

    50 shares
    Share 20 Tweet 13
  • Teenager Convicted for Falsely Accusing a Man of Rape

    47 shares
    Share 19 Tweet 12
  • Widow Caught in Bed With Lover a Week After Burying Husband

    188 shares
    Share 75 Tweet 47
  • Its Open Season for Witch Hunters ‘Tsikamutandas’ – TMPC, Police Join Forces

    53 shares
    Share 21 Tweet 13
  • White Farmer ‘Daniel Brink Bosman’ accused of murdering a 12-year-old boy  and Filing a False Report.

    29 shares
    Share 12 Tweet 7
  • Masvingo Council Official Takes His Own Life

    72 shares
    Share 29 Tweet 18
  • Chiredzi: CIO Officer Goes Rogue

    103 shares
    Share 41 Tweet 26
  • Dead Man Walking , Literally .

    38 shares
    Share 15 Tweet 10

Popular This Week

  • Fatal Dog Attack Exposes Mike Mupinga’s Troubling Past

    Fatal Dog Attack Exposes Mike Mupinga’s Troubling Past

    274 shares
    Share 110 Tweet 69
  • Widow Caught in Bed With Lover a Week After Burying Husband

    188 shares
    Share 75 Tweet 47
  • The Turbulent Life of President Mnangagwa: A Story of Helicopters, Close Calls, and Air Force Angst

    143 shares
    Share 57 Tweet 36
  • Pastor’s Pulpit Shame- Church Leader Caught in Love Triangle

    143 shares
    Share 57 Tweet 36
  • Sangoma Turns to Lion Snack

    142 shares
    Share 57 Tweet 36
  • Two Zimbabwean Care Home Workers in the UK attacked, one killed

    129 shares
    Share 52 Tweet 32
  • ZEP Holders Breathe a Sigh of Relief as SCA Rules in Their Favor

    125 shares
    Share 50 Tweet 31
  • The Fake Doc- “Take Lacto And Fruits Three Times a Day”

    112 shares
    Share 45 Tweet 28
  • Serial South African Killer Escapes To Zimbabwe

    111 shares
    Share 44 Tweet 28
  • COVID-19 Variant Alert: WHO Urges Global Vigilance

    110 shares
    Share 44 Tweet 28

Popular This Month

  • How to Legally Avoid Paying the US$92 ZBC Radio Licence Fee in Zimbabwe

    How to Legally Avoid Paying the US$92 ZBC Radio Licence Fee in Zimbabwe

    601 shares
    Share 240 Tweet 150
  • Bulawayo Police Bust Vuzu Party, Arrest 13 Youths

    324 shares
    Share 130 Tweet 81
  • Unhealed Wounds-Remembering the 21 Mothers of Emkhonyeni Who Were Burnt Alive

    314 shares
    Share 126 Tweet 79
  • Apostle Eunor Guti Declines Wicknell Chivayo’s Lavish Gift

    274 shares
    Share 110 Tweet 69
  • Fatal Dog Attack Exposes Mike Mupinga’s Troubling Past

    274 shares
    Share 110 Tweet 69
  • Loophole or Legal Gymnastics? Zimbabwean Schools Find Ways Around Fee Payment Rule

    248 shares
    Share 99 Tweet 62
  • The Despicable Scam at Zimbabwe’s Hospitals; Its Business Nothing Personal.

    241 shares
    Share 96 Tweet 60
  • New ‘ lobola’ Fees for Foreigners Seeking Medical Care in Gauteng

    240 shares
    Share 96 Tweet 60
  • Philanthropy or Publicity Stunt? Wicknell Chivayo’s Lavish Gift to Jah Prayzah’s Team

    212 shares
    Share 85 Tweet 53
  • Hospital Investigates Disappearance of Infant’s Body

    205 shares
    Share 82 Tweet 51

Most Read Stories

  • “Zimbabwe Is Discrediting SADC”

    ZANU PF Accused Of Bribing SADC Elders To Retain From Losing Power

    5239 shares
    Share 2096 Tweet 1310
  • Madzibaba gets Toyota Aqua after explaining new currency ZiG to church

    4533 shares
    Share 1813 Tweet 1133
  • Breaking News: Zimbabwe launches New Currency (Zig)

    4279 shares
    Share 1712 Tweet 1070
  • Guide : How to access 2023 Zimsec Ordinary O Level results online

    3973 shares
    Share 1589 Tweet 993
  • Uganda Police Officer Shoots Wife Dead After Mocking Him Over Man-U Loss

    3894 shares
    Share 1558 Tweet 974
  • Floods hit Gweru

    3593 shares
    Share 1437 Tweet 898
  • Mashura pa Gokwe musi wa 12.02.24

    3544 shares
    Share 1418 Tweet 886
  • Secret message for ED after his inauguration

    3481 shares
    Share 1392 Tweet 870
  • Heatwave Warning:Expect Extremely hot temp ranging from 36° to 41° until 12 March

    3394 shares
    Share 1358 Tweet 849
  • Here is the reckless Kombi Driver!!!!!!!!!!! See pics here

    3218 shares
    Share 1287 Tweet 805

  • About Us
  • Contact Us
  • FAQ
  • Privacy Policy
  • Terms of Service
  • Home

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News that Matters
    • News
    • Health and Diseases
    • Technology
    • Religion
    • Horror and Disaster
    • Elections 2023
  • Crime and Courts
  • Celebrity
  • Sports
  • Mjolo
  • Breaking News