Interest rates seen tumbling below 20%

RBZ deputy governor Innocent Matshe said several measures taken by the central bank early this month, including the launch of the new currency, would stabilise the economy.
By Mthandazo Nyoni 1h ago

Zim Independence Day: 44 years of embarrassment

The 1990s brought economic challenges that worsened in the new millennium.
By Amh Voices Apr. 20, 2024

Is Mr Strong ZiG the new sex drug?

It’s not what they say in public or the number of threats and even arrest of the so-called black-market dealers that is going to convince us to use the ZiG or make it our currency of choice.
By Muckracker Apr. 19, 2024

Lenders, investors face huge losses

The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni Apr. 19, 2024

‘New currency averted systems crash’

It replaced  the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.

ZiG: Guard against political interference

The Zimbabwe dollar will officially cease to circulate on April 30 when the new notes and coins will be introduced.
By Newsday Apr. 15, 2024

Risks associated with the Zim financial sector at the moment

There is also the problem of a compromised new currency, which has been made vulnerable through introducing it too fast, beyond what market participants can comprehend.
By Kevin Tutani Apr. 12, 2024

‘Bond notes, Zimdollar had no backing’

The Bond notes and coins were then dropped to allow for the re-introduction of the ZWL$ in June 2019.
By Tatira Zwinoira Apr. 12, 2024

After the Bell: Decoding Zimbabwe’s decision to Zigzag

This is Zimbabwe’s sixth attempt to create a functional local currency since 2008, when inflation crossed 500 billion percent, making it worthless.
By Tim Cohen Apr. 11, 2024