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Nearly half of all transactions now in ZiG

NEARLY half of all transactions processed through Zimbabwe’s National Payment System are now being conducted in the Zimbabwe Gold, signalling growing public confidence in...

Zimbabwe Set for Full Local Currency Transition by 2030 — Central Bank

HARARE – The Reserve Bank of Zimbabwe (RBZ) says current macroeconomic fundamentals — including low inflation, exchange rate stability, and rising foreign currency reserves...

Zimbabwe Central Bank Reviews Transaction Costs to Encourage Wider Use of Local Currency

HARARE – The Reserve Bank of Zimbabwe (RBZ) is undertaking a comprehensive review of transaction costs and digital payment infrastructure as part of ongoing...

IMF Seeks Clarity on Zimbabwe’s Plan to Phase Out US Dollar.

The International Monetary Fund (IMF) has called on Zimbabwe to provide greater clarity on its plan to end the use of the US dollar...

Zimbabwe’s Foreign-Currency Reserves Edge Toward US$1 Billion, RBZ on Course for De-dollarisation

HARARE – Zimbabwe’s foreign-currency reserves have risen to about US$900 million, bringing the country within reach of the symbolic US$1 billion mark, according to...

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