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