Summary
- Zimbabwe is allowing mobile money agents to operate again to boost the use of its new gold-backed currency, ZiG.
- Agents from Econet Wireless Zimbabwe, NetOne, and Telecel will help increase the circulation of ZiG and combat the unofficial market.
- ZiG was introduced on April 5 as the nation’s latest attempt at a stable currency, replacing the Zimbabwean dollar.
- The government is taking steps to eliminate street market traders to prevent currency crises.