RBZ bemoans lack of confidence in ZiG
This comes despite the currency firming against the dollar, trading at ZiG25,4834 per dollar on the interbank market yesterday from ZiG28,6829 on November 1.
By Melody Chikono
Nov. 13, 2024
Panic not inflation is under control: RBZ
However, the RBZ remains confident that stabilising gold prices, coupled with the country’s rich human capital and natural resources, will help restore economic balance.
By Blessed Ndlovu
Nov. 8, 2024
Lack of disclosure hurts ZiG, says top banker
Zimbabwe’s government has faced persistent challenges in stabilising its currency since 2009, with repeated attempts failing largely due to public mistrust.
By Tafadzwa Mhlanga and Freeman Makopa
Nov. 8, 2024
RBZ ups transfer limits as battered ZiG loses steam
The central bank devalued the ZiG to 1:23,4 against the greenback up from 1:14.
By Staff Reporter
Nov. 2, 2024
Mushayavanhu tweaks RBZ executive team
Prior to that, Nyemudzo had served as the CBZ Holdings Limited CEO for three years until December 31, 2017.
By Tatira Zwinoira
Nov. 1, 2024
The ZiG is a backed, not baked currency
Prices of precious metals and values of currencies do not always move in tandem.
By Prosper Munyedza
Oct. 31, 2024
‘Sovereignty ego maintaining ailing ZiG’
The ZiG, Zimbabwe’s sixth attempt to introduce a stable currency in 15 years, has been losing value since it debuted in April following the demonetisation of the Zimdollar this year.
By Silas Nkala
Oct. 30, 2024
Premium
Forex inflows decline as the ZiG stutters
The ZiG, which the authorities said was backed by gold, is struggling to hold its own in the multi-currency system and has been losing value at an alarming rate.
By Tafadzwa Mhlanga and Blessed Ndlovu
Oct. 27, 2024
Zim needs alternative to US$: RBZ official
He expects the inflation rate to start trending downwards next month on a month-on-month basis.
By Tafadzwa Mhlanga
Oct. 25, 2024
