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.
RBZ moves to plug gold sector loopholes
“We were beginning to see arbitrage activities where large-scale gold miners were now marketing their gold via the small-scale channel, as if they were small-scale. We want to bridge that,” he said.
Zim’s foreign currency earnings surge
Zimbabwe’s foreign currency receipts rose sharply in the opening months of 2026, climbing 77 percent to US$3,35 billion by February, up from US$1,89 billion recorded during same period last year, according to the Reserve Bank of Zimbabwe (RBZ).