Zimbabwe's gold currency, ZiG, is ready to expand to more businesses as people start trusting it better for everyday use. The central bank expects ZiG payments will spread to more places, including gas stations, because citizens see it keeping its value pretty well compared to before.
After ZiG launched last year, certain things like passports and fuel required US dollars. The government made this rule to keep important prices steady until the new money proved itself reliable. Currently, about 35% of all cash changing hands happens in ZiG, up from just 15% when they first started using it.
Zimbabwe's top banker, Dr. John Mushayavanhu, wants a gradual shift away from dollars toward full ZiG use by 2030. He emphasizes that small steps...