RBZ ups transfer limits as battered ZiG loses steam
The central bank devalued the ZiG to 1:23,4 against the greenback up from 1:14.
By Staff Reporter
Nov. 2, 2024
Mushayavanhu tweaks RBZ executive team
Prior to that, Nyemudzo had served as the CBZ Holdings Limited CEO for three years until December 31, 2017.
By Tatira Zwinoira
Nov. 1, 2024
The ZiG is a backed, not baked currency
Prices of precious metals and values of currencies do not always move in tandem.
By Prosper Munyedza
Oct. 31, 2024
‘Sovereignty ego maintaining ailing ZiG’
The ZiG, Zimbabwe’s sixth attempt to introduce a stable currency in 15 years, has been losing value since it debuted in April following the demonetisation of the Zimdollar this year.
By Silas Nkala
Oct. 30, 2024
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Forex inflows decline as the ZiG stutters
The ZiG, which the authorities said was backed by gold, is struggling to hold its own in the multi-currency system and has been losing value at an alarming rate.
By Tafadzwa Mhlanga and Blessed Ndlovu
Oct. 27, 2024
Zim needs alternative to US$: RBZ official
He expects the inflation rate to start trending downwards next month on a month-on-month basis.
By Tafadzwa Mhlanga
Oct. 25, 2024
RBZ blames speculative behaviour for ZiG’s woes
Zimbabwe saw the introduction of the ZiG in April this year as the authorities scrambled for answers to the collapse of the local currency, which was still known as the RTGS.
By Melody Chikono
Oct. 20, 2024
Anand: Zim not conducive for capital markets growth
Bulawayo-born global fund manager and entrepreneur Ritesh Anand says Zimbabwe lacks a conducive environment to build sustainable capital markets.
By In Conversation With Trevor
Oct. 13, 2024
Analysis of Monetary Policy resolutions to stabilise ZiG
A few months after the RBZ launched it into the market in early April 2024, the ZiG experienced frequent increased fluctuations
By Zvikomborero Sibanda
Oct. 11, 2024