(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...

The Reserve Bank of Zimbabwe (RBZ) has confirmed that preparations for the adoption of a single currency are progressing well ...

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 – Economic analysts and banking sector professionals have cautiously welcomed the Reserve Bank of Zimbabwe’s (RBZ) ...

In early December, President Emmerson Mnangagwa announced that John Mushayavanhu would take over as governor of the Reserve Bank of Zimbabwe on 1 May 2024, replacing John Mangudya, whose term expires ...

When Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG) launched on 5 April, it was marketed as a catch-all solution to Zimbabwe’s currency woes. But the latest recalibration of the country’s ...

You think you’ve got problems? Consumer price inflation in Zimbabwe is running at 75% a year. And that’s only the official rate. The International Monetary Fund thinks it’s nearer 175%. Brett Arends ...

Zimbabwe remains committed to curbing inflation, but plans to shift the focus of monetary policy to place more emphasis on ...

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 ...

It is indisputable that valuation is, indeed, the common denominator that binds Zimbabwe’s property, capital, and financial ...

The Reserve Bank of Zimbabwe (RBZ) has confirmed that the adoption of a single currency is progressing well, with a number of ...