The proof is in the pudding

The currency is backed by gold and cash, which makes it stronger than its predecessors, according to monetary authorities.
By Newsday 2h ago

Ceteris Paribus: What to expect from Stanchart acquisition

The transaction also fell within FBCH’s market adoptive plan of enriching and widening its loan underwriting capacity in the face of increasing volatility.
By Tinashe Duma May. 24, 2024

Discipline key in national development

As expected, the perennial economic saboteurs were waiting to attack with their machines and quickly manipulate the exchange rate to their advantage.
By Johannes Marisa May. 23, 2024

Zim applies for ISO code for ZiG

He pointed out that Zimbabwe’s economy has been growing despite the challenges that have emanated since the introduction of the currency.
By Tafadzwa Mhlanga May. 22, 2024

ZiG faces new gold output plunges

With the Reserve Bank of Zimbabwe banking on increased gold output to shore up the recently introduced gold-backed Zimbabwe Gold (ZiG) currency
By Brent Shamu May. 21, 2024

Tragic nature of the ZiG rollout

The Zimbabwe dollar, ZiG’s predecessor, suffered a similar fate. The bond notes were first presented by the government in 2016 under the guise of "export incentive scheme".
By Mthandazo Nyoni May. 17, 2024

Gendered perspective on structured currency.

Annual inflation had reached over 1 000% and market trading including payments of public services, taxes, and fuel are predominantly pegged at USD prices.
By Vanessa Jaravaza May. 17, 2024

Sloppy ground for the ZiG: Will RBZ win the market?

Zimbabwe’s agriculture sector is predominantly rainfall-dependent. Statistics show that roughly a paltry 6% of total arable land is under irrigation.
By Zvikomborero Sibanda May. 17, 2024

Women bear brunt as ZiG fails to break cash crunch

The situation in the normally liquid Mbare mirrors the struggles confronting Zimbabwe’s economy.
By Julia Ndlela May. 17, 2024