ZIMBABWE’S tight ZiG supply is constraining consumers’ purchasing power and reinforcing the US dollar dominance in transactions, research firm IH Securities says. While the central bank has brought inflation under control, its high interest rates and tight monetary policies have caused a severe cash shortage, suppressing local spending. IH Securities said that the central bank’s…
Kudzanai Gerede Companies and Markets Editor NEDBANK Group says digital transformation efforts are bearing fruit after digitally active clients in its Africa Regions portfolio, Zimbabwe included, surged to 72 percent in the six months ended June 30, 2026, from 69 percent a year earlier. The South African-based bank operates in several southern African markets such…
ZIMBABWE’s gold deliveries surged to their highest monthly level this year in June, driven by record output from small-scale miners, strengthening prospects for export earnings and foreign currency inflows. Latest figures from Fidelity Gold Refinery, the country’ sole gold buyer, show that purchases climbed to 4,81 tonnes in June, up 21,7 percent from 3,95 tonnes…
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