Can gold coins really rescue Zimbabwe鈥檚 economy?
The Zimbabwean authorities say they've issued the gold coins to help protect people from inflation. But they're out of the price range of the average citizen.
Zimbabwe鈥檚 central bank introduced a policy last year to sell gold coins in a bid to stabilise the country鈥檚 economy and combat inflation.
They were meant to be an alternative to dollars as a way of safeguarding people鈥榮 wealth 鈥� even when the local currency was losing its value.
But with the top tier coin worth $2,000 and the smallest currently valued at $188 鈥� they鈥檙e not something the average Zimbabwean can afford.
So are these coins all they鈥檙e cracked up to be?
Africa Daily鈥檚 Mpho Lakaje finds out more.
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Africa Daily
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