Reserve Bank Of Zimbabwe - The Zimbabwe Independent

Topic : Reserve Bank Of Zimbabwe

US dollar reigns: Why ZiG struggles to gain ground in banking landscape

With the introduction of the Zimbabwe Gold (ZiG) currency in April 2024, the Reserve Bank of Zimbabwe (RBZ) aimed to gradually grow its share in the

By Kudakwashe Taimo Apr. 25, 2025

US dollar reigns: Why ZiG struggles to gain ground in banking landscape

RBZ urges industry to use industrialisation financing options

To achieve that ‘stability’, the RBZ had to reduce the money supply to below normal market levels, resulting in a serious liquidity crunch which triggered deflation.

By Bongile Moyo Apr. 24, 2025

RBZ urges industry to use industrialisation financing options

Bard Santner heads to US for Seeff Zimbabwe Diaspora Property Showcase

The US event is part of its strategy to provide a platform and channel for Zimbabweans and US investors seeking to come into the country and region.

By Own Correspondent Apr. 17, 2025

Bard Santner heads to US for Seeff Zimbabwe Diaspora Property Showcase

Assessing prospects of new notes in Zim: The ZiG experience

Launched on April 5, 2024, ZiG was rolled out to stabilise the economy amid soaring inflation and a depreciating local currency.

By Raymond Tendai Rusinga Apr. 10, 2025

Assessing prospects of new notes in Zim: The ZiG experience

Gloomy anniversary : US dollar suffocates the ZiG

The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.

By Ray Ndlovu Apr. 6, 2025

Gloomy anniversary : US dollar suffocates the ZiG

OK charts recovery plan, announces US$30m capital raise

This left retailers essentially selling goods at a discount, forcing consumers to turn to the informal sector for higher purchasing power.

By Tatira Zwinoira Apr. 3, 2025

OK charts recovery plan, announces US$30m capital raise

NetOne launches MoGigs to bridge digital divide

According to a recent report by the Reserve Bank of Zimbabwe, mobile financial services have the potential to increase financial inclusion by up to 50% in the next five years.

By Freeman Makopa Mar. 28, 2025

NetOne launches MoGigs to bridge digital divide

Lenderspark’s loan book bumps up to US$2,5m on rising demand

A subsidiary of the National Building Society (NBS), Lenderspark was launched last year to promote financial inclusion and drives economic growth.

By Blessed Ndlovu Mar. 25, 2025

Lenderspark’s loan book bumps up to US$2,5m on rising demand

Tackling exchange rate disparities, strenghtening ZiG’s market value

Recently, I booked a bus ticket with a local company to travel to one of our special economic zones. I was given the option to pay in either US dollars or Zimbabwean Gold (ZiG).

By Kudakwashe Taimo Mar. 21, 2025