Zimbabwe central banker stockpiles gold to bolster ZiG currency
The ZiG - short for Zimbabwe gold — is the nation’s sixth attempt at having a functioning local currency in the last 15 years.
There is new energy to harness the job-creating ability of the mineral sector, after the National Planning Commission admitted that South Africa had missed the boat during the recent commodity boom. But the industry and government need to be practical about how any new plans are to be brought to life, according to Roger Dixon, chairman of leading engineering consultants SRK Consulting. (more…)