Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...
By Staff reporter | Published: 17 hours ago
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...
By Staff reporter | Published: 30 June 2025
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday expressed concern over the rising cases of "fake news" which have the capacity to undermine Government efforts to transform the econo...
By Staff reporter | Published: 27 September 2019
The South African Mint has unveiled a set of new R50 and R500 collector coins, celebrating the country's 25 years of democracy."This week 25 years ago, South Africans went to the polls in the country'...
By Staff reporter | Published: 26 April 2019
THE recently-released limited edition of bank notes and coins to mark celebrated late South African leader Nelson Mandela's 100th birth anniversary were designed by a Zimbabwean - Sindiso Nyoni.Nyoni ...
By Staff reporter | Published: 23 July 2018
The South African Reserve Bank (SARB) recently launched a new public awareness campaign alongside the introduction of the new Mandela commemorative series of banknotes and R5 circulation coin.As part ...
By Staff reporter | Published: 05 July 2018
"The more government bans it, the more popular it gets," that is exactly what happens to bitcoin and other cryptocurrencies.Every few months, we hear that bitcoin has been banned by some country or th...
By Tinashe Kaduwo | Published: 18 May 2018
Only a few days ago Minister of Finance and Economic Development Patrick Chinamasa announced that Zimbabwe's economy was now 96 percent cashless and a few days later the Reserve Bank of Zimbabwe annou...
By Eng Jacob Mutisi | Published: 15 May 2018
THE Reserve Bank of Zimbabwe (RBZ) has ordered all financial institutions in the country to immediately stop trading or transacting in cryptocurrencies.RBZ registrar of banking institutions, Norman Ma...
By Staff reporter | Published: 12 May 2018
The Reserve Bank of Zimbabwe has, in the interest of public trust in the financial system, banned local banks from trading in crypto currency.The central bank issued local banks with a 60 days ultimat...
By Staff reporter | Published: 12 May 2018
SOME retail shops are now rejecting bond coins as the surrogate currency introduced by the Reserve Bank of Zimbabwe (RBZ) in 2014 continues to lose value on the parallel market.Confederation of Zimbab...
By Staff reporter | Published: 02 May 2018
THE amount of foreign notes and coins in the commercial banking system slumped to $679,3 million during the year to December 31, 2017, from $1,3 billion at the close of 2016, central bank data has rev...
By Staff reporter | Published: 13 April 2018
Zimbabwe's only cryptocurrency exchange, Golix, has reached a massive milestone after it cleared over 2 000 customer support tickets in less than weeks. The company, which is known for allowing Zimbab...
By Staff reporter | Published: 14 February 2018
Bitcoin has traded below $10,000 for the first time since early December.The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news...
By BBC | Published: 17 January 2018
Hong Kong - Bitcoin slumped as much as 20%, giving more impetus to a January selloff in cryptocurrencies, after South Korea's finance minister repeated that the country may ban trading in one of the w...
By Bloomberg | Published: 16 January 2018
THE price per bitcoin on the local cryptocurrency exchange breached $30 000 yesterday on the back of a surge in its international price, as it is now being traded as a futures.Futures are financial co...
By Staff reporter | Published: 12 December 2017
As efforts to boost Diaspora remittances into the country continue, a local firm Bitmari, says it has launched an affordable platform that can be used to send money from the United States. Bitmari, w...
By Staff reporter | Published: 29 November 2017
Bitcoin is the latest indicator to show that Zimbabwe's attempts to defy economic gravity will, as before, result in unplanned-for consequences and bruises on the way down.According to TheNational...
By Staff reporter | Published: 20 October 2017
The South African Mint Company (SA MINT) which is the official mint of South Africa has dispatched 126 drums of 50 cent bond coins to the Reserve Bank of Zimbabwe. The 50 cent bond coins a worth slig...
By Staff reporter | Published: 20 September 2017
INDUSTRY lobby group, the Confederation of Zimbabwe Industries (CZI) has called on the Reserve Bank to release the additional $300 million, not in notes but in coins as a way of countering the black m...
By Staff reporter | Published: 15 September 2017
The Reserve Bank of Zimbabwe (RBZ) has engaged Easylink Money Transfer Agent (Easylink) to compliment banks in the distribution of the recently launched bond coins.Easylink - a money transfer unit own...
By Staff reporter | Published: 07 June 2015
Zimbabwe is holding gold coins valued at $501,390 as its only reserves, enough to buy only 1,400 tonnes of maize, the finance minister has said, highlighting the parlous state of the country's f...
By Staff reporter | Published: 06 March 2014
Johannesburg - The South Africa Reserve Bank (Sarb) on Wednesday introduced a new R2 coin commemorating the centenary of the Union Buildings.The coins would be released for circulation and as part of ...
By Sapa | Published: 18 December 2013
Johannesburg - Zimbabwe's manufacturers asked the government to cut taxes and mint coins to boost demand for local goods, stimulate the economy and help reduce the perception of risk in the economy....
By Bloomberg | Published: 20 August 2013
Central Bank Governor Gideon Gono on Tuesday displayed the gold coins which he was alleged to have stolen from the bank's vaults to refute the allegations.Addressing journalists, Dr Gono said the a...
By Staff Reporter | Published: 10 June 2013
Zanu-PF warns affiliate organisations 
ANC dares the United States to sanction it 
UK's Boris Johnson quits over Brexit stretegy 
First Mutual to list Zimbabwe's first gold ETF 
Zimbabwe races to implement IMF-backed reforms 
Bulawayo-Vic-Falls Road rehab to take 10 months 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
