HARARE, Feb. 7 (Xinhua) -- The Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which remains legal tender under the country's multi-currency system.
While formal businesses accept the local currency, some people, particularly in the informal sector, resist using the gold-backed ZiG, which was introduced in April 2024 to reduce Zimbabwe's dependency on the U.S. dollar.
