ZIG

The Reserve Bank of Zimbabwe has directed banks to increase interest on savings and time deposits and to scrap all charges for transactions valued at US$5 and below or the …

Reserve Bank of Zimbabwe (RBZ) has announced that it will widen its ongoing blitz on businesses across the country, defying the Government directive to accept the use of multicurrency, which …

The Reserve Bank of Zimbabwe (RBZ) has devalued the local currency, pushing its exchange rate to ZW$24.39 against the US dollar. This adjustment comes in response to growing exchange rate …

Zimbabwe’s newly launched gold-backed currency, the ZiG, is currently trading at 14 per US dollar, marking its lowest point on the official market since its introduction five months ago. The …

Zimbabwe’s local currency, the ZiG, has seen a marked increase in public confidence, with a survey showing a 91 percent acceptance rate, up from 61 percent when it was introduced …

Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu says the central bank does not intend to implement a policy requiring recipients of diaspora remittances to convert their funds into ZiG. …

Mutare, Zimbabwe – President Emmerson Mnangagwa has announced plans to phase out the US dollar and introduce the Zimbabwe Gold (ZiG) as the country’s sole currency. Speaking in Mutare on …

Harare, Zimbabwe | The Reserve Bank of Zimbabwe (RBZ), under the leadership of new governor John Mushayavanhu, has discarded millions of Zimbabwe Gold (ZiG) banknotes that bore the signature of …

The World Bank has certified the international currency code ZWG for Zimbabwe Gold (ZiG), granting it a unique identity among global currencies, the Reserve Bank of Zimbabwe (RBZ) announced. The …

THE microfinance sector is feeling optimistic about the future, thanks to the introduction of the Zimbabwe Gold (ZiG) currency. ZiG is backed by gold and foreign currency reserves, which has …