Zimbabwe’s central bank says the banking sector and Payment Systems Providers (PSP) have made satisfactory progress in converting the local dollar balances into Zimbabwe Gold (ZiG) balances since the ...

HARARE - Zimbabwe will introduce high-quality ZiG banknotes in the first quarter of 2026, in what Government says is a ...

The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon, the RBZ has stated. This follows the token’s success with investors, which the bank ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG, ...

But the 2026 budget logic behind IMTT is out of rhythm with that aspiration. Every percentage point of IMTT added to a ...

Zimbabwe's inflation rate has plummeted from 82.7% to 19% in three months, with the Reserve Bank forecasting a historic ...

(Bloomberg) -- John Mushayavanhu, Zimbabwe’s new central bank governor, has a gargantuan task ahead of him: restore credibility to an institution better known for printing 100 trillion dollar bills ...

THE Reserve Bank of Zimbabwe (RBZ) has kept all key policy rates unchanged, with the bank’s Monetary Policy Committee (MPC) seeking to consolidate significant ...

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars’ worth of gold-backed digital tokens — worth around $39 million — despite a warning from the International Monetary Fund. On May 12, ...

The Reserve Bank of Zimbabwe is said to be under pressure from creditors including a number of non-governmental organizations and private companies whose accounts were plundered in years past to fund ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

Zimbabwe's stock market is up roughly 800% in 2023, the world's biggest rally. The rally has taken shape as the country's annual inflation is up 176%. Local investors are turning to the stock market ...