3 d. ago Zimbabwe Central Bank reserves backing the ZiG currency doubles up ahead of shift to monocurrency

HARARE – President Emmerson Mnangagwa on Thursday conducted an inspection of the Reserve Bank of [...]

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4 d. ago Zimbabwe’s gold reserves reach 3.4 metric tons, Mnangagwa inspects RBZ vaults

By Alois Vinga Zimbabwe’s gold reserves have grown to 3.4 metric tons to back the Zimbabwe Gold (ZiG) currency, introduced in April 2024. President Emmerson Mnangagwa inspected the Reserve Bank of Zimbabwe’s (RBZ) gold vaults on Thursday, reaffirming the administration’s commitment to strengthening the currency’s fundamentals through mineral-backed reserves. The RBZ aims to increase its The post Zimbabwe’s gold reserves reach 3.4 metric tons, Mnangagwa inspects RBZ vaults appeared first on NewZimbabwe.com.

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6 d. ago There is enough ZWG supply – RBZ says as traders flag banknotes shortages

By Alois Vinga The Reserve Bank of Zimbabwe (RBZ) says adequate stocks of ZWG notes are available to meet the current trade demands across the key economic sectors. The announcements come at a time when the majority of citizens outside the capital of Harare have never felt the texture of the ZWG notes. In provinces The post There is enough ZWG supply – RBZ says as traders flag banknotes shortages appeared first on NewZimbabwe.com.

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1 week ago Local banks ready to dispense ZiG from ATMs— says RBZ, assures of currency availability

By Staff Reporter  ZIMBABWE’s apex bank has pacified the public stating that the elusive Zimbabwe Gold currency, popularly known as ZiG, is more readily available amid reports some banks will soon dispense it at automated teller machines (ATMs). The announcement made Friday by the Reserve Bank of Zimbabwe (RBZ) was meant to calm widespread concerns The post Local banks ready to dispense ZiG from ATMs— says RBZ, assures of currency availability appeared first on NewZimbabwe.com.

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1 week ago High Court delivers landmark blow to Zimbabwe’s controversial ‘Patriotic Act’

HARARE - In a landmark ruling, the High Court of Zimbabwe has ruled that a central provision of the Criminal Law (Codification and Reform) Amendment Act, widely known as the "Patriotic Act," is unconstitutional and therefore unlawful. The post High Court delivers landmark blow to Zimbabwe’s controversial ‘Patriotic Act’ appeared first on Nehanda Radio.

Events

1 week ago ‘There is too much corruption’ — says former MP, dismantles information tsar’s spin on IMF perspective on Zimbabwe’s economic performance

By Staff Reporter FORMER Mt Pleasant legislator, Fadzayi Mahere has criticized Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund (IMF)’s observations on widespread corruption and the limited acceptance of the ZiG currency as an endorsement of Zimbabwe’s economic progress. Mahere dismissed this as a disingenuous spin doctoring tactic. An IMF The post ‘There is too much corruption’ — says former MP, dismantles information tsar’s spin on IMF perspective on Zimbabwe’s economic performance appeared first on NewZimbabwe.com.

Politics

1 week ago IMF’s push for ZiG as sole legal tender met with skepticism in Zimbabwe

HARARE - A recommendation from the International Monetary Fund (IMF) to make Zimbabwe's ZiG currency the exclusive legal tender is being met with widespread public skepticism, primarily due to the nation's turbulent economic history and deeply entrenched distrust in official financial policies. The post IMF’s push for ZiG as sole legal tender met with skepticism in Zimbabwe appeared first on Nehanda Radio.

Politics

1 week ago ZiG To Stay, Declares RBZ Boss John Mushayavanhu Despite Rising Inflation

By A Correspondent Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has reaffirmed the government’s commitment to the newly … Continue reading "ZiG To Stay, Declares RBZ Boss John Mushayavanhu Despite Rising Inflation"

Politics

1 week ago We are on top of things: RBZ as Mushayavanhu vows to keep ZiG & prices stable

muronzereyib@dailynews.co.zw AUTHORITIES are determined to keep both the ZiG and prices of basic goods in the country stable, the Reserve Bank of... To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions

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2 w. ago Grow industrial capacity to diversify economy — Zim Central Bank

THE Reserve Bank of Zimbabwe (RBZ) has encouraged both Government and private sector players to [...]

Politics

2 w. ago RBZ Claims ZiG to Gain Value, Inflation to Drop Below 30% by December

By A Correspondent The Reserve Bank of Zimbabwe (RBZ) has projected that annual ZiG inflation will decline to below 30% … Continue reading "RBZ Claims ZiG to Gain Value, Inflation to Drop Below 30% by December"

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2 w. ago ZWG annual inflation will not affect consumer purchasing power – Central Bank

By Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) has implored economic agents to ignore annual ZWG inflation rates, arguing the stats have no bearing on pricing dynamics. This comes after inflation statistics by the Zimbabwe National Statistics Agency (Zimstat) revealed that annual inflation surged to 92,1% in the month of September 2025. The developments recently triggered an The post ZWG annual inflation will not affect consumer purchasing power – Central Bank appeared first on NewZimbabwe.com.

Politics

3 w. ago Steward Bank officially rebrands to TN Cybertech Bank Limited 

By Alois Vinga LISTED financial services provider, Steward Bank has officially changed its trading name in line with the entity’s new strategic direction. In a statement, the Reserve Bank of Zimbabwe (RBZ), Registrar of Banking lnstitutions, Phillip Madamombe said the new trade name has been approved. “Notice is hereby given in terms of Section 22 The post Steward Bank officially rebrands to TN Cybertech Bank Limited  appeared first on NewZimbabwe.com.

Events

3 w. ago ZiG’s stability is not felt by many as the cost of living keeps going up in the country

HARD-PRESSED Zimbabweans say they will only fully appreciate the ZiG when their lives improve markedly and the currency can pay for all... To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions

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3 w. ago Mnangagwa appoints official accused of subverting elections to key army role

HARARE - President Emmerson Mnangagwa, Commander-in-Chief of the Zimbabwe Defence Forces (ZDF), has appointed former Central Intelligence Organisation (CIO) deputy director general Walter Tapfumaneyi as Chief of Staff in the Zimbabwe National Army. The post Mnangagwa appoints official accused of subverting elections to key army role appeared first on Nehanda Radio.

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