Next Africa

Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent. 

https://www.bloomberg.com/

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Can The ZiG Make Hyperinflation History?

[transcript]


This week on the show we talk about the recent introduction of a new currency in Zimbabwe, the ZiG. This is the country's sixth attempt to have a functional local currency since 2008 when inflation crossing 231 million percent left it worthless.
With Jennifer Zabasajja, Ray Ndlovu Bloomberg journalist in Harare talks about the ups and the down following the introduction of the new unit and its unexpected effect on the stock market.

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