RBZ gold cover rises 12% since March
The gold is derived from the payment of royalties, wherein half of the royalties are paid using the mineral that has been traded.
By Ashton Ndakusiya
May. 26, 2025
Premium
RBZ blames liquidity crunch on hoarding of US dollars
The policies deliberately keep the circulation of the ZiG at way below market demand, a move the central bank implemented to try and preserve the domestic currency’s value.
By Blessed Ndlovu
May. 25, 2025
Industries rebel against prohibitive policy rate... as big lenders adopt a precautionary stance
At the core of the impasse is the refusal by commercial banks to lend within the RBZ’s prescribed rate.
By Freeman Makopa
May. 16, 2025
Vast rules out Zimbabwe legal action after diamonds verdict
The Supreme Court recently ruled in favour of Vast Resources and ordered the Reserve Bank of Zimbabwe (RBZ)to release the gems.
By Honour Mudavanhu and Tinashe Kairiza
May. 9, 2025
Could the black market become the only market in Zimbabwe?
Retail customers turned to informal markets where they could pay in the US dollars they still preferred, and at the more reasonable black market exchange rate.
By Global Press Journal
May. 8, 2025
Vast receives its blocked diamonds from RBZ
It was revealed that the board currently anticipates that the selling process will be conducted in a phased manner to maximise value for the company and its shareholders.
By Business Reporter
May. 8, 2025
Breaking economic mindset trap: Zim’s path to pragmatic renewal
Yet 2025, in its fifth month, shows tentative signs of recalibration.
By Vongai Mahagwe
May. 2, 2025
US dollar reigns: Why ZiG struggles to gain ground in banking landscape
With the introduction of the Zimbabwe Gold (ZiG) currency in April 2024, the Reserve Bank of Zimbabwe (RBZ) aimed to gradually grow its share in the
By Kudakwashe Taimo
Apr. 25, 2025
RBZ urges industry to use industrialisation financing options
To achieve that ‘stability’, the RBZ had to reduce the money supply to below normal market levels, resulting in a serious liquidity crunch which triggered deflation.
By Bongile Moyo
Apr. 24, 2025
