ZiG: Guard against political interference

The Zimbabwe dollar will officially cease to circulate on April 30 when the new notes and coins will be introduced.
By Newsday 2h ago

Here is how to convert your Zimdollar balances to Zimbabwe Gold (ZiG)

You divide ZWL33 903 by ZiG13.5616 to get approximately 2 499.9263. This means that ZiG1 is equal to ZWL2 499.9263.
By Amh Voices Apr. 5, 2024

Zim introduces structured currency as crisis deepens

The currency reforms that started in October 2018 led to the separation of nostro-foreign accounts (FCA) and the local RTGS dollar.
By Zvikomborero Sibanda Apr. 5, 2024

Structured Currency: Something new or a déjà vu?

The RBZ prints, in overdrive, more money than can be backed by available reserves. Resultantly, the local unit then devalues against hard currencies.
By Tinashe Duma Apr. 5, 2024

Early job cuts hold ZCTU spellbound

Zimbabwe’s economy is haemorrhaging under an inflation rate and currency fragilities that have seen companies announcing job cuts.
By Julia Ndlela Apr. 5, 2024

Letter to my people: They can’t rig the economy

A panicky Ngwena, however, last week formalised the appointment of John Mushayavanu who took over  at  the RBZ with immediate effect.
By Doctor Stop It Mar. 31, 2024

The Zimdollar exchange rate and hyperinflation: A chronicles update

THE Zimbabwe dollar has suffered the worst performance in the first quarter of 2024, compared to corresponding periods since inception.
By Tinashe Duma Mar. 28, 2024

Address currency depreciation: CZI

In July 2022, the Reserve Bank of Zimbabwe (RBZ) introduced physical gold coins as an alternative store of value to the United States (US) dollar in the economy.
By Mthandazo Nyoni Mar. 28, 2024

Stanbic posts ZWL$744 billion profit

Inflation-adjusted net interest income closed the period at ZWL$429 billion, up 44% compared to the prior year.
By Mthandazo Nyoni Mar. 28, 2024