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.
Xstrata, the diversified mining group, has withdrawn its proposed employee share ownership programme, the National Union of Mineworkers (NUM) said on Wednesday. Lesiba Seshoka, spokesperson for the union, said Xstrata had written a letter of withdrawal…