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Reserve Bank of Zimbabwe News Monitoring

  • Published on 17:26 GMT

    RBZ Prints More Useless ZiG Notes As Economy Collapses

    RBZ Prints More Useless ZiG Notes As Economy Collapses By Business Reporter-The Reserve Bank of Zimbabwe (RBZ) now says it is printing more the Zimbabwe Gold (ZiG)ZiG notes in a desperate attempt to shore up confidence, despite the currency having lost …

    Source: Zim Eye - Uncategorized
  • Published on 11:59 GMT

    Zimbabwe fast-tracking ZiG banknotes rollout

    The Reserve Bank of Zimbabwe (RBZ) is accelerating efforts to deliver new Zimbabwe Gold (ZiG) banknotes, with Governor Dr John Mushayavanhu assuring the public that the rollout will happen "in the shortest possible time," despite the complexity …

    Source: Bulawayo 24 News - Neutral
  • Published on 11:59 GMT

    Zimbabwean banks face backlash over excessive charges

    Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the celebrations have been tempered by growing …

    Source: Bulawayo 24 News - Neutral
  • Published on 07:48 GMT

    Bank shareholders make a killing as customers pay the price

    Nqobile Bhebhe, Senior Business Reporter Shareholders of Zimbabwe’s financial services institutions are enjoying substantial returns, as banks consistently declare significant dividends following stellar performances that are driving profitability. While …

    Source: The Sunday News - Gov't Propaganda
  • Published on 07:07 GMT

    RBZ Governor Reveals De-Dollarisation Progress, Says 35% Transactions Now In ZiG

    Zimbabwe’s De-Dollarisation Drive Gains Momentum as ZiG Usage Hits 35%   Zimbabwe’s de-dollarisation journey is gaining momentum, with 35 percent of all economic transactions now taking place in the Zimbabwe Gold (ZiG) currency. Reserve Bank of Zimbabwe ( …

    Source: iHarare News - Uncategorized
  • Published on 07:07 GMT

    New ZiG Banknotes Coming Soon – RBZ Reveals Timeline

    Zimbabwe’s New ZiG Banknotes Set for Release – What We Know The Reserve Bank of Zimbabwe (RBZ) is working hard to deliver new Zimbabwe Gold (ZiG) banknotes “in the shortest possible time,” according to Governor Dr John Mushayavanhu. However, he warned that …

    Source: iHarare News - Uncategorized
  • Published on 04:54 GMT

    Editorial Comment: ZiG experiment is faltering

    The ZiG has already depreciated by 4% this year amid a tight liquidity environment. This week marks a year since the government introduced a new currency, the Zimbabwe Gold (ZiG), to arrest runaway inflation and erosion of ordinary people’s incomes. The …

    Source: The Standard - Label Pending
  • Published on 03:49 GMT

    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. A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining the bullion-backed …

    Source: NewsDay Zimbabwe - Neutral
  • Published on Apr 5, 2025

    Price stability a prerequisite for successful de-dollarisation

    YESTERDAY marked a year since the Reserve Bank of Zimbabwe (RBZ) announced the introduction of the Zimbabwe Gold (ZiG) currency, with banks being directed to commence converting all existing Zimbabwe dollar balances to ZiG. Our Senior Reporter DEBRA …

    Source: The Sunday Mail (Zimbabwe) - Gov't Propaganda
  • Published on Apr 5, 2025

    ‘New banknotes in the shortest possible time’

    Debra Matabvu THE central bank is making concerted efforts to ensure delivery of new Zimbabwe Gold (ZiG) banknotes “in the shortest possible time”, Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu has said. However, he cautioned that design and …

    Source: The Sunday Mail (Zimbabwe) - Gov't Propaganda
  • Published on Apr 5, 2025

    A boon for economy as gold prices rise

    Sunday Mail Reporter THE new punitive tariffs announced by United States President Donald Trump last week, which have raised the spectre of a global tariff war, are driving gold prices to record highs, a development that is expected to benefit Zimbabwe, as …

    Source: The Sunday Mail (Zimbabwe) - Gov't Propaganda
  • Published on Apr 5, 2025

    Zimbabwe Warns Foreigners Running Haulage and Logistics Companies

    Zimbabwe Warns Foreigners Running Haulage and Logistics Companies Zimbabwe’s government has issued a firm reminder to foreign-owned businesses in the haulage and logistics industry: this sector is officially reserved for Zimbabwean citizens, and foreign …

    Source: iHarare News - Uncategorized
  • Published on Apr 5, 2025

    Zimbabwe reserves haulage and logistics industry for citizens

    News / National by Staff reporter 2 hrs ago | Views Zimbabwe's Finance Act 2024, published under General Notice I 345A of 2024, has introduced an amendment to the Indigenization and Economic Empowerment Act [Chapter 14:33], designating the Haulage …

    Source: Bulawayo 24 News - Neutral
  • Published on Apr 5, 2025

    Tendai Biti slams Mnangagwa's 2030 agenda as a corrupt power grab

    Former Finance Minister Tendai Biti has come out guns blazing against President Emmerson Mnangagwa's so-called "2030 agenda," describing it as a corrupt and self-serving scheme designed to protect stolen wealth and promote looters into senior …

    Source: Bulawayo 24 News - Neutral
  • Published on Apr 5, 2025

    Ex-Finance minister rejects Mnangagwa’s third term bid; flags corrupt plan to protect tycoon Tagwirei and cartels

    By Staff Reporter FORMER Finance minister Tendai Biti has rejected President Emmerson Mnangagwa’s “2030 agenda”, calling it a corrupt plan meant to hedge ill-gotten wealth and thrust known plunderers into powerful government positions. According to vocal …

    Source: New Zimbabwe - Neutral
  • Published on Apr 5, 2025

    Government Bans Foreign Investors in Haulage and Logistics Sector

    HARARE – The Zimbabwean government has reinforced its commitment to economic indigenisation by reserving the haulage and logistics sector for local citizens. In a joint statement issued by the Ministry of Industry and Commerce and the Ministry of Transport …

    Source: The Zimbabwe Mail - Neutral
  • Published on Apr 4, 2025

    Zimbabwe’s debt surges to $21bn amid controversial Mutapa Fund recapitalisation

    Public debt in Zimbabwe has jumped $3bn to $21bn after the contentious recapitalisation of the Mutapa Investment Fund, raising concerns among analysts about the country’s ability to secure debt relief. Of the new debt, $1.9bn was allocated to the fund and …

    Source: Africa Report - Neutral
  • Published on Apr 4, 2025

    US$70 million POSB deal in limbo: Mthuli Ncube claims no formal approach

    HARARE – The proposed sale of the state-owned Post Office Savings Bank (POSB) remains shrouded in controversy and conflicting information, following the latest statements from the Minister of Finance Mthuli Ncube stating that his ministry has not received …

    Source: Nehanda Radio - Neutral
  • Published on Apr 4, 2025

    Zimbabwe’s plan to drop the dollar is faltering on ZiG crunch

    A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago. The ZiG, short for Zimbabwe Gold, which began trading on April 8, is the southern …

    Source: Mining Weekly - Neutral

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