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Health sector cautiously optimistic

This month, Zimbabwe redenominated Zimbabwe dollar (ZWL) balances to ZiG, which is backed by gold reserves.

Candid Comment: Give us the evidence now

In the age of transparency and accountability, a mere defence of a high profile allegation made by a very senior official cannot be enough.
By Shame Makoshori 8h ago

Editors Memo: ZiG confidence: Time to walk the talk

Based on this analogy, Mushayavanhu has an unenviable task to build trust in ZiG.
By Faith Zaba 8h ago

Making the new currency work

One of the main arguments for the introduction of ZiG is curbing inflation and achieving exchange rate stability by anchoring the issuance of currency to foreign reserves and gold.
By Ignetious Banda 9h ago

Interview: RBZ governor speaks on US$1b windfall

This is where some of the money went. But if you want a detailed list, it is available. The list of where the money went is all there, it is very clear.

Interest rates seen tumbling below 20%

RBZ deputy governor Innocent Matshe said several measures taken by the central bank early this month, including the launch of the new currency, would stabilise the economy.
By Mthandazo Nyoni Apr. 25, 2024

Will ZiG currency survive the economic crisis?

Hedging a local currency against gold reserves is ideal in a fully functional economy; unfortunately in our situation that is not the case.
By Abednico Bhebhe Apr. 25, 2024

RBZ promises SMEs financial injection

According to the RBZ, SMEs account for only 4% of the total loans, despite them making up an estimated 70% of the economy.
By Melody Chikono and Belinda Chiroodza Apr. 23, 2024

Fiscal discipline key for ZiG stability

The social justice watchdog advised the government to create ZiG demand through demanding payment of all government taxes and government services in the new currency.
By Priviledge Gumbodete Apr. 23, 2024