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
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
IH sees liquidity improving on mining and agriculture rebound
This comes as the country is facing a liquidity crunch caused by stringent fiscal and monetary measures meant to support the Zimbabwe Gold currency.
By Business Reporter
Apr. 8, 2025
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State diamond miner mulls retrenchments
Impeccable sources with knowledge of the plan said ZCDC's state of finances had resulted in delayed salaries.
By Tinashe Kairiza
Apr. 4, 2025
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Crunch blows up banks...revenues, profit suffer as CEOs slam policy
But apart from inspiring potential banking sector disintermediation, steep statutory reserve requirements generally increase costs.
By Shame Makoshori
Apr. 4, 2025
Masimba bemoans liquidity crunch
Consequently, revenues for the year were US$56,1 million compared to 2023’s US$53,8 million, representing a 4% growth.
By Lee Musaidzi
Apr. 2, 2025
Ipec decries paltry pension contributions
Some pensioners are receiving as little as US$60 pension payouts despite the cost of living being estimated at least US$500 a month.
By Tafadzwa Mhlanga
Mar. 23, 2025
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ZiG is hyperinflationary: Old Mutual
The ZiG was introduced on April 5, 2024 to replace the Zimbabwe dollar, which had taken a battering against the United States dollar.
By Tatira Zwinoira
Mar. 19, 2025
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Interbank market in doldrums as...Big banks hold on to surplus cash
While these measures have successfully curbed inflation and strengthened ZiG, they have also led to unintended liquidity distribution challenges.
By Tafadzwa Mhlanga and Blessed Ndlovu
Mar. 14, 2025
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US$200 million wiped off Zim mining industry... power cuts, slumping prices ravage first quarter
Local News
Apr. 25, 2025
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‘Super-rich’ coalition fights Mnangagwa road dualisation... US$11m project threatens Highlands’ iconic Musasa trees, climate
Local News
Apr. 25, 2025
Political gamble attracts mixed feelings... NTA proposal rebuked, embraced
Local News
By Julia Ndlela
Apr. 25, 2025
