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

Monetary Policy Committee wants Zimdollar taxes

Official statistics show that foreign currency transactions make up 80% of payments with the remainder being made in local currency.
By Tafadzwa Mhlanga Dec. 5, 2023

Dissecting RBZ Monetary Policy Committee shifts

However, falling international prices for most minerals, such as lithium, nickel, and platinum since the start of 2023 are affecting foreign currency inflows.
By Zvikomborero Sibanda Nov. 3, 2023

Will gold tokenisation work?

According to the central bank, the tokens are fully backed by physical gold held in its vaults.
By Zvikomborero Sibanda Oct. 13, 2023

RBZ pleads with market to buy ZiG

ZiG can be kept as electronic money or as mobile money with plans to introduce a physical card for the digital gold token, according to the deputy minister.
By Harriet Chikandiwa Oct. 13, 2023

Framework for a gold backed payment card established

A well-placed source at the RBZ told Standardbusiness that the framework had been made with testing already done.
By Tatira Zwinoira Aug. 6, 2023

Addressing instability, restoring confidence

The economic situation in Zimbabwe is dire, with alarming levels of inflation and a rapid erosion of purchasing power.
By Michael Zuze Jun. 23, 2023

Implications of currency stabilisation measures

The measure completes the shift to a market driven exchange rate system under the Willing Buyer Willing Seller Interbank system.
By Respect Gwenzi Jun. 9, 2023

SA in fresh fight to contain rand meltdown

But 50bps is clearly on the cards — the Sarb hiked by that amount in March, taking many economists by surprise. 
By Ed Stoddard May. 26, 2023