Currency
A recent survey conducted by the Ministry of Industry and Commerce from the 27th of September to the 4th of October 2024, has revealed significant challenges within Zimbabwe’s formal retail sector, primarily driven by disparities between official and parallel exchange rates. The survey findings indicate a marked increase in the prices of basic commodities in […]
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe, is taking steps to ensure sufficient local currency, the ZiG, remains in circulation to support normal business transactions and economic activity. The RBZ has announced a new arrangement with Homelink to widen public access to ZiG cash, leveraging Homelink’s existing branch network across the country. Starting Monday, […]
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