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