(Bloomberg) -- Zimbabwe plans to extend a crackdown that’s targeting street currency traders to companies to ensure goods and services are priced using only the official exchange rate of the new ...

At launch, the currency was backed by $100 million and 2.5 tons of physical gold. Zimbabwe has continued to add more funds to its reserves. These reserves have now risen to over $375 million.

It is the country’s sixth attempt at a new currency since the spectacular 2009 collapse of the Zimbabwe dollar and adoption of the U.S. dollar as legal tender amid hyperinflation of 5 billion ...

The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors.

The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors.

The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors.