Zig - The Standard

Topic : Zig

Industry sounds alarm on Zim forex shortages

Israel Murefu, former president of the Employers Confederation of Zimbabwe, told businessdigest that the foreign currency shortage issue needed to be addressed urgently.

By Mthandazo Nyoni 20h ago

Industry sounds alarm on Zim forex shortages

USD liquidity preference

We have noted with concern that most individuals, households, and businesses in Zimbabwe prefer to hold money in the form of cash (mostly US dollars).

By Batanai Matsika 20h ago

Power outages a thorn in the flesh: Emcoz

Israel Murefu (IM), former president of the Employers Confederation of Zimbabwe (Emcoz)

By Tafadzwa Mhlanga 20h ago

Power outages a thorn in the flesh: Emcoz

Zim banks milk clients with steep fees…some lenders hitting consumers with 300 charges

BAZ chief executive officer Fanwell Mutogo told our sister paper NewsDay recently that banks, like any other industry, incurred costs when providing a service to their clients.

By Melody Chikono 20h ago

Zim banks milk clients with steep fees…some lenders hitting consumers with 300 charges

Dedollarisation requires US$2,5bn: Govt

Mnangagwa said to be able to absorb that US dollar and create more ZiG, there had to be enough banking, or else the country would go back to inflationary pressures.

By Melody Chikono Jul. 22, 2024

ZiG: So far so good

ZiG is backed by gold and cash reserves, with the central bank saying this week that it wants to bolster gold reserves to support the currency.

By Newsday Jul. 19, 2024

Into ZiG’s first 100 days

The Zimbabwe Gold (ZiG) was introduced in the 2024 Monetary Policy Statement in early April 2024, a few months after the appointment of a

By Rufaro Hozheri Jul. 19, 2024

Editor’s Memo: De-dollarisation: Policy consistency needed

Zimbabwe has battled currency instability over the years. One of the reasons for this is policy inconsistency.

By Faith Zaba Jul. 19, 2024

Editor’s Memo: De-dollarisation: Policy consistency needed

Authorities must stay the course on ZiG stability

The revisions consider the significant and urgent downside impacts of the El Nino-induced drought on the economy that authorities had initially underestimated.

By Zvikomborero Sibanda Jul. 12, 2024