Zimbabwe turns to India’s payments giant to cut transfer costs and speed up digital transactions
Zimbabwe is negotiating with India’s international payments operator to reduce transaction costs and accelerate transfers, potentially bringing Indian technology into the infrastructure connecting its banks and digital-finance businesses.
Zimbabwe’s central bank cuts lending rate again, citing need to foster growth
Zimbabwe’s central has cut the bank policy rate to 27.5 percent from 30 percent, citing low and stable inflation, and “the need to support the economy’s strong growth prospects”.
Zimbabwe’s annual ZiG inflation falls to 2.9%
Zimbabwe’s annual ZiG inflation stood at 2.9 percent in August 2026, the lowest single-digit rate since 1980, the central bank said.
Zimbabwe’s central bank confirms SMP targets on track ahead of September IMF review
Zimbabwe’s central bank said its International Monetary Fund (IMF) Staff-Monitored Programme (SMP) targets are on track, ahead of a second quarter review by the global financial institution next month.
Zimbabwe’s foreign currency inflows up 48% to US$10.7 billion in H1
Zimbabwe’s foreign currency inflows surged by 47.8 percent to US$10.72 billion in the first half of 2026, supported by the country’s robust growth momentum, the central bank said.
Zim central bank shrugs off US-Iran war disruptions, maintains 5pct economic growth target
The Reserve Bank of Zimbabwe (RBZ) has shrugged off disruptions by the US-Iran war, maintaining its 2026 economic growth target at five percent.
Zim currency is deeply undervalued: Central bank governor
“It’s a function of confidence of the market in the central bank, and we’re still trying to rebuild that confidence. We had lost it and we’re trying to rebuild it,” Reserve Bank of Zimbabwe governor John Mushayavanhu said.
Zim forex reserves hit US$1.4 billion in 2026 Q1
“Foreign currency reserves stood at US$1.4 billion, representing about 1.5 months of import cover as at 31 March 2026.” Mushayavanhu said.
RBZ pursues digital currency launch, digitalisation drive
RBZ governor John Mushayavanhu said the monetary authority “will advance digital transformation with in house software development, fintech innovation, and exploration of a central bank digital currency”
Zim central bank rolls out new banknotes
The rollout, Mushayavanhu said, will be phased and guided by market conditions, with lower denominations forming the backbone of early circulation.