Dear governor, the market is in a mess
In the wake of the introduction of a new currency, the Zimbabwe Gold (ZiG), the country has gone chaotic down its food chain as goods become expensive on the informal … Read More
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Mthuli to announce measures to bolster ZiG
Treasury has assured the public that it will soon announce additional measures to support the country’s newly introduced structured currency, the Zimbabwe Gold (ZiG), it has been learnt. This assurance … Read More
Why ZiG cannot immediately replace USD transactions
Treasury has said the newly introduced structured currency, Zimbabwe Gold (ZiG), will not immediately be used to buy fuel and make international payments until the dollarisation ratio reverses in favour … Read More
Questions and Answers on Structured Currency Zimbabwe Gold -ZiG
Below are Questions and Answers on Structured Currency (Zimbabwe Gold -ZiG) introduced by the Reserve Bank of Zimbabwe on Friday last week. The RBZ prepared these questions and answers as … Read More
Foreign banks reach out to MMCZ
Foreign and local banks are looking to renew ties with the Minerals Marketing Corporation of Zimbabwe (MMCZ) after the US removed the state-owned minerals marketing agency from its sanctions list, … Read More
Diaspora remittances up by 16 percent
DIASPORA remittances through the official channel registered a 16 percent increase to US$1, 873 billion last year up from the US$1,617 billion received during the same period in 2022, the … Read More
Gold Backed Digital Tokens (GBDT) to remain functional
The Reserve Bank of Zimbabwe has assured the investing public that their endowments in the Gold Backed Digital Tokens (GBDT) will not be converted to the new ZiG currency. Presenting … Read More
Meikles, NMB join ZSE Top 10 list
Meikles and NMB Bank Limited have joined the Zimbabwe Stock Exchange’s (ZSE) Top 10 Index constituents list after registering considerable gains during the first quarter of 2024. The list is … Read More
Caledonia appoints COO
Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation, has appointed James Mufara as chief operating officer with effect from May 1, 2024. Mufara (49) was previously engaged … Read More
Dr Mushayavanhu breakfast meeting, points to note
The Zimbabwe Dollar (ZimDollar) remains legal tender until April 30, 2024 when ZiG comes into circulation. No more 10 percent trading margin charged by businesses. The 21-day transitional period prior … Read More
