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.
The Congolese government has urged Glencore to “respect its commitments” to the project and resume production.Glencores Mopani mine in Zambia is the largest employer in the countrys mining sector, with a workforce of 10,000.Copper is the biggest foreign currency earner for Zambia, where the local kwacha has been in free fall.
via Africa mining stumbles, raising fears of job loss chaos – Yahoo News.
