website page counter The Zimbabwe government is the biggest threat to its own currency – Pixie Games

The Zimbabwe government is the biggest threat to its own currency

Tendai Ruben Mbofana is a social justice advocate and writer.

Tendai Ruben Mbofana: “The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency’s value plummeted from 14 to 23.4 against the US dollar, further entrenching the widespread distrust of both the local currency and the government.”

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