Reserve Bank Of Zimbabwe - The Zimbabwe Independent

Topic : Reserve Bank Of Zimbabwe

Economists slam ‘dangerously engineered’ Zimbabwe stability

ZIMBABWE’S much-touted economic calm is not earned but dangerously engineered, three leading economists said this week, warning that tight monetary controls have choked business growth

By Mthandazo Nyoni May. 8, 2026

Economists slam ‘dangerously engineered’ Zimbabwe stability

‘Banks push workers onto fragile contracts’

The Reserve Bank of Zimbabwe has kept its policy rate at 35%, while weighted lending rates hover between 40% and 49%, to entrench recent gains in price and currency stability.

By Mthandazo Nyoni May. 8, 2026

‘Banks push workers onto fragile contracts’

ZiG is legal tender. So why can't you use it online?

But yet there is a digital glitch in the matrix. If you try to book a ride-hailing app, or pay for groceries on a local website, your ZiG card often feels like a plastic coaster.

By Valentine Maya May. 7, 2026

ZiG is legal tender. So why can't you use it online?

The ZiG’s BiG5 rollout: Can wildlife designs mask a crisis of confidence?

This echoes the 2024 ZiG launch, where inflation fears kept larger bills out of circulation, leaving the public to grapple with a currency that lacks the utility for high-value trade.

By Valentine Maya May. 7, 2026

The ZiG’s BiG5 rollout: Can wildlife designs mask a crisis of confidence?

Developers scale back long range plans over currency

In its February 2026 Monetary Policy Statement, the RBZ guaranteed that foreign currency deals and listed equities would not be forcibly converted under a mono-currency system.

By Concilia Mupezeni May. 2, 2026

Developers scale back long range plans over currency

Fuel price shocks lift Zim inflation

Last month, the Reserve Bank of Zimbabwe (RBZ) cautioned that inflation would remain elevated between the months of March and June following fuel price increases.

By Blessed Ndlovu Apr. 28, 2026