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NEWS & CURRENT AFFAIRS

Topic : Rbz

US dollar reigns: Why ZiG struggles to gain ground in banking landscape
With the introduction of the Zimbabwe Gold (ZiG) currency in April 2024, the Reserve Bank of Zimbabwe (RBZ) aimed to gradually grow its share in the
By Kudakwashe Taimo Apr. 25, 2025
US dollar reigns: Why ZiG struggles to gain ground in banking landscape

RBZ urges industry to use industrialisation financing options
To  achieve that ‘stability’,  the RBZ had to reduce  the money supply to below normal market levels,  resulting in a serious liquidity crunch which triggered deflation.
By Bongile Moyo Apr. 24, 2025
RBZ urges industry to use industrialisation financing options

RBZ walks the talk on ZiG: Expert
Experts in the financial and industrial sectors have welcomed the development, describing it as a turning point in Zimbabwe’s monetary policy.
By Tatenda Kunaka Apr. 14, 2025
RBZ walks the talk on ZiG: Expert

Letter to my people: Chivayo scandals expose depth of rot
Chivayo was splashing thousands of dollars on luxury cars for different people, including a respected cleric.
By Doctor Stop It Apr. 13, 2025
Letter to my people: Chivayo scandals expose depth of rot

Zimbabwe’s foreign currency reserves surge past US$600m mark
Experts in the financial and industrial sectors have welcomed the development, describing it as a turning point for Zimbabwe’s monetary policy.
By Business Reporter Apr. 12, 2025
Zimbabwe’s foreign currency reserves surge past US$600m mark

Editorial Comment: ZiG experiment is faltering
Cross recently told Bloomberg that that the liquidity crunch had “now killed the ZiG.”  “The ZiG has retreated as a currency of trade and effectively we have dollarised,” he said.
By The Standard Apr. 6, 2025
Editorial Comment: ZiG experiment is faltering

Knowing when to walk away: Indications to cease negotiations
In this instalment, we are discussing ten key points to consider when deciding whether to walk away from a business transaction.
By Gloria Ndoro-mkombachoto Apr. 4, 2025
Knowing when to walk away: Indications to cease negotiations
Premium

Crunch blows up banks...revenues, profit suffer as CEOs slam policy
But apart from inspiring potential banking sector disintermediation, steep statutory reserve requirements generally increase costs.
By Shame Makoshori Apr. 4, 2025
Crunch blows up banks...revenues, profit suffer as CEOs slam policy

Tackling exchange rate disparities, strenghtening ZiG’s market value
Recently, I booked a bus ticket with a local company to travel to one of our special economic zones. I was given the option to pay in either US dollars or Zimbabwean Gold (ZiG).
By Kudakwashe Taimo Mar. 21, 2025
Tackling exchange rate disparities, strenghtening ZiG’s market value

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