ZiG’s Shadow Market: The Secret People Dictating What Your Local Currency Is Really Worth

The morning sun over Harare’s Copacabana and Fourth Street bus termini doe not just bring heat; it brings a frantic, whispered commerce that the Reserve Bank of Zimbabwe (RBZ) insists does not exist. Here, amidst the diesel fumes and the shouts o…

The morning sun over Harare’s Copacabana and Fourth Street bus termini doe not just bring heat; it brings a frantic, whispered commerce that the Reserve Bank of Zimbabwe (RBZ) insists does not exist. Here, amidst the diesel fumes and the shouts of touts, the Zimbabwe Gold (ZiG) undergoes a daily, ritualistic execution. Officially, the currency […]

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