Addressing delegates at the International Business Conference during the Zimbabwe International Trade Fair (ZITF), the Vice-President emphasized that rehabilitating rail infrastructure is critical to decongesting the nation's roads and facilitating the cost-effective transport of bulk goods, both domestically and internationally.

Deputy Governor Matshe was careful to manage expectations regarding the timeline, emphasizing that the move away from the U.S. dollar would be a slow, phased process rather than an overnight shift. “Not soon, but one day,” Matshe stated, noting that the ZiG has already demonstrated resilience, having gained approximately 2.5% in value over the past three months.

BULAWAYO — A significant shift is taking hold in the Midlands capital as service stations in Bulawayo have begun accepting the Zimbabwe Gold (ZiG) currency for fuel purchases. This development signals growing confidence in the local currency and marks a notable departure from the resistance encountered following the ZiG's introduction in April 2024.

HARARE — Zimbabwe has officially introduced new Zimbabwe Gold (ZiG) banknotes into circulation today, marking a significant step in the country’s efforts to strengthen monetary stability and restore confidence in the local currency. The new notes, issued by the Reserve Bank of Zimbabwe, feature the iconic Zimbabwe Bird alongside images of indigenous wildlife, reflecting national heritage while signalling a fresh chapter in currency reforms.

The Reserve Bank of Zimbabwe has announced the coming introduction of higher-quality ZiG banknotes with stronger paper, cleaner print, and longer durability in circulation. Technically, that sounds reassuring. A country’s currency should look respectable. Money carries national identity. But across shops, kombis and WhatsApp groups, the reaction has not been excitement. It has been a quieter question: Will the new notes last in the wallet or only in the pocket? Because in Zim

HARARE – In a decisive move to restore public confidence in the formal banking sector, the Cabinet has approved a comprehensive overhaul of the financial services fee structure. The reforms aim to eliminate "hidden costs," dismantle overlapping regulatory hurdles, and encourage millions of Zimbabweans to transition from cash-based savings to formal accounts.

HARARE – The Reserve Bank of Zimbabwe (RBZ) has suspended its controversial 10% local currency retention requirement for small-scale gold miners, reverting to 100% US dollar payments following strong resistance from the sector. The policy reversal comes less than a month after the central bank introduced a 90:10 payment framework on February 27, requiring artisanal miners to receive a portion of their gold proceeds in Zimbabwe Gold (ZiG).

The Zimbabwean government has approved a wage increase for workers in the horticulture sub-sector, with earnings backdated to May 1, 2025, under a new statutory instrument. The adjustment was formalised through Statutory Instrument 48 of 2026, issued in terms of the Labour Act (Chapter 28:01), governing employment conditions across sectors. According to the agreement registered by the National Employment Council for the Agricultural Industry, the minimum wage for horticulture

The Reserve Bank of Zimbabwe (RBZ) has officially decoupled its transition to a monocurrency system from a fixed timeline, opting instead for a conditions-based framework under which the move will only be implemented once strict economic benchmarks are met.