Assessing prospects of new notes in Zim: The ZiG experience
Launched on April 5, 2024, ZiG was rolled out to stabilise the economy amid soaring inflation and a depreciating local currency.
By Raymond Tendai Rusinga
Apr. 10, 2025
Gloomy anniversary : US dollar suffocates the ZiG
The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.
By Ray Ndlovu
Apr. 6, 2025
OK charts recovery plan, announces US$30m capital raise
This left retailers essentially selling goods at a discount, forcing consumers to turn to the informal sector for higher purchasing power.
By Tatira Zwinoira
Apr. 3, 2025
NetOne launches MoGigs to bridge digital divide
According to a recent report by the Reserve Bank of Zimbabwe, mobile financial services have the potential to increase financial inclusion by up to 50% in the next five years.
By Freeman Makopa
Mar. 28, 2025
Lenderspark’s loan book bumps up to US$2,5m on rising demand
A subsidiary of the National Building Society (NBS), Lenderspark was launched last year to promote financial inclusion and drives economic growth.
By Blessed Ndlovu
Mar. 25, 2025
Tackling exchange rate disparities, strenghtening ZiG’s market value
Recently, I booked a bus ticket with a local company to travel to one of our special economic zones. I was given the option to pay in either US dollars or Zimbabwean Gold (ZiG).
By Kudakwashe Taimo
Mar. 21, 2025
More than just banking: Climate risk
The Paris Agreement marks a turning point in global efforts to combat climate change, ushering in a new era of sustainable development.
By Cynthia Tapera
Mar. 21, 2025
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Old Mutual SA frets over Zim’s funds repatriation restrictions
In its financial results for the year ended December 31, 2024, OML stated that the RBZ was still enforcing limitations on transferring funds out of Zimbabwe.
By Tatira Zwinoira
Mar. 21, 2025
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Govt intensifies crackdown on smuggling, counterfeits
The authorities are also targeting businesses using parallel market exchange rates and selling counterfeit, underweight or unlabelled goods.
By Ophar Mavuri
Mar. 18, 2025