Regulatory
Zimbabwe Central Bank Addresses Issues with New Currency
Zimbabwe Gold (ZiG), the new currency that evolved from a gold-backed token, has shown strong performance on the foreign exchange market but encountered ...
Regulatory
Zimbabwe’s New Currency ZIG Faces Resistance from Citizens
Recent reports indicate that Zimbabwe’s newly launched currency, the ZIG, introduced in early April, is encountering low acceptance among the population. Towards the ...
News
Zimbabwe’s Apex Bank Announces Date For Resumption of Online Payments
The Reserve Bank of Zimbabwe has announced a new date for the resumption of online payments in the country, following adjustments to the ...
News
Reserve Bank of Zimbabwe’s Auction System Boosts Industrial Production, says Confederation of Zimbabwe Industries
The Confederation of Zimbabwe Industries (CZI) has reported that businesses benefiting from the Reserve Bank of Zimbabwe (RBZ) auction system have experienced enhanced ...
News
Zimbabwe: RBZ Governor Mangudya Asserts Temporary Nature of Zimbabwe’s Currency Turmoil
Zimbabwe’s recent currency turmoil, particularly evident on the parallel market in the past three weeks, is deemed “temporary,” according to the Reserve Bank ...
News
Zimbabwe’s Banking Sector Witnesses 75% Job Losses Due to Digital Shift
The Zimbabwe Banks and Allied Workers Union (ZIBAWU) has reported that the country’s banking sector has experienced a 75% reduction in jobs since ...
News
Zimbabwe Launches New Gold-Backed Digital Currency to Combat Re-Dollarization
In a bid to counter re-dollarization, which poses a threat to Zimbabwe’s already fragile economy, the country has unveiled a novel gold-backed digital ...
News
Zimbabwe Launches Gold-Backed Digital Token “ZiG” as a Payment Method
The Reserve Bank of Zimbabwe (RBZ) has officially introduced its gold-backed digital token, Zimbabwe Gold (ZiG), as a payment method on October 5. ...
News
Zimbabwe Modernizes Citizen Services with Online Biometric Passport and ID Card Applications
The Ministry of Home Affairs and Cultural Heritage in Zimbabwe has unveiled plans to enhance its national population registry system (ZPRS) and integrate ...
News
Zimbabwe’s Central Bank to Introduce Gold-Backed Digital Tokens for Everyday Transactions
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in its plans to launch Gold-Backed Digital Tokens (GBDT) for public use in ...