Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has explained the potential future of fuel sales in ZiG. The Public Warming Up To The ZiG It has been almost a month since the central bank chief announced the Zimbabwe Gold as the replacement for the worthless Zimbabwe Dollar. On […]
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BREAKING: Zimbabwe Dollar (ZWL) Still Legal Tender, No Longer Expiring
The Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, has announced that the Zimbabwe dollar (ZWL) is still legal tender. Zimbabwe Dollar Still Legal Tender, Says Dr Mushayavanhu Speaking this morning on Star FM, the Governor said the local Zimbabwe dollar (ZWL) are no longer […]
Back To School Update: Parents Can Pay Fees Using ZiG Currency
The Government has announced that parents can pay their children’s school fees using the Zimbabwe Gold (ZiG), among other currencies. Schools are opening for the second term next week on 7 May. Second Term Notice Circular No.10 of 2022 from the Ministry of Primary and Secondary Education gave the […]
ZiG Currency Revamp: RBZ Governor Announces Major Changes to Banknotes and Coins, Unveils New Denominations
RBZ Governor Unveils Major Changes to ZiG Banknotes and Coins, Announces New Denominations In a recent development, Dr John Mushayavanhu, the governor of the Reserve Bank of Zimbabwe (RBZ), announced a significant change concerning the Zimbabwe Gold currency bank notes. Starting from the 31st of […]
RBZ Freezes Bank Accounts Of Companies Refusing To Take The ZiG Currency
The Reserve Bank of Zimbabwe (RBZ) has frozen the accounts of 11 companies that refuse to trade using the new Zimbabwe Gold (ZiG) currency. The companies were exclusively trading in US dollars. The central bank’s Financial Intelligence Unit (FIU) also blocked the bank accounts for exchange control […]
“It Didn’t ZiG, it ZAGGED”: American Economist Steve Hanke Criticizes Zimbabwe’s New Gold-Backed Currency ‘ZiG’
American Economist Steve Hanke Criticizes Zimbabwe’s New Gold-Backed Currency ZiG Renowned American Economist Steve Hanke has come out to weigh on the newly introduced Zimbabwe Gold (ZiG) currency. In a series of posts on X, Steve Hanke has criticized and mocked the ZiG currency, claiming that it […]
Fueling Doubts: Zimbabweans React As RBZ Says New ZiG Currency Cannot Buy Fuel At Service Stations
Zimbabweans’ Reaction to RBZ’s Announcement on ZiG and Fuel Purchases Zimbabweans have expressed shock and disappointment at the Reserve Bank of Zimbabwe’s (RBZ) announcement that the newly introduced ZiG currency cannot be used to purchase fuel at service stations. The RBZ stated that it is not […]
A Generous Gift: Wicknell Chivayo Gifts Madzibaba a Toyota Aqua After Video Explaining Newly Introduced Zimbabwe Gold (ZiG) Currency Goes Viral
Wicknell Chivayo Gifts Toyota Aqua to Madzibaba Whose Video Explaining the New Currency ZiG to Church Congreagants Went Viral Controversial businessman Wicknell Chivayo has awarded a Toyota Aqua car to a Madzibaba whose video explaining the newly introduced Zimbabwe Gold (ZiG) currency has gone […]
ZESA Opens USD-Only Banking Halls For Electricity Tokens on Sunday Amidst Currency Shift
ZESA Offers USD Token Buys as Zimbabwe Embraces ZiG In an unprecedented move, the Zimbabwe Electricity Supply Authority (ZESA) has announced that its banking halls will be open this Sunday exclusively for customers looking to purchase electricity tokens in USD currency. This temporary arrangement is […]
RBZ Governor Dr John Mushayavanhu Issues Important Update On The New ZiG Currency
The Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, has issued an update on the new ZiG currency as chaos reigns supreme. Confusion And Chaos Days Into Dr Mushayavanhu’s New Term On 5 April, the incoming RBZ Governor, Dr John Mushayavanhu, presented the 2024 Monetary Policy […]
No More Bank Charges for Accounts Under US$100: Zimbabwe’s RBZ Introduces Bold Directive
Zimbabwe’s Banking Relief: No More Charges for Accounts Under US$100! In a groundbreaking move that’s set to bring relief to countless Zimbabweans, the Reserve Bank of Zimbabwe (RBZ) has announced a new directive prohibiting banks from imposing maintenance or service charges on individual bank […]
From ZWL to ZiG: Zimbabwe Announces New Gold-Backed Currency – Here Is What You Need To Know
Zimbabwe Unveils New Currency, ZiG, in Bold Monetary Overhaul Zimbabwe has introduced a new currency, the ZiG, as announced by the new Reserve Bank of Zimbabwe (RBZ) Governor, John Mushayavanhu, in his long-awaited 2024 Monetary Policy Statement. The introduction of the ZiG, which stands for […]