Demystifying the recently introduced Zimbabwe Gold-Backed Tokens (ZIG)

By Zimbabwe Coalition on Debt and Development (ZIMCODD) In line with the resolutions of the Monetary Policy Committee (MPC) meeting held on the 26th of September 2023, the Governor of the Reserve Bank of Zimbabwe (RBZ) announced that with effect from the 5th of October 2023, Zimbabwe Gold-Backed Digital Token (ZiG) will become one of…