RBZ adopts new roadmap for mono-currency, abandons the 2030 targe
Staff Writer
The Reserve Bank of Zimbabwe has changed its fixed 2030 timeline for the adoption of a mono-currency system to adopting a “conditions precedent” approach that prioritises sustained economic fundamentals over calendar dates.
Governor Dr John Mushayavanhu presenting the 2026 Monetary Policy Statement, clarified
RBZ unveils new ZiG Note
Staff Writer
The Reserve Bank of Zimbabwe has introduced a new “Big Five” series of ZiG banknotes as part of efforts to strengthen the country’s local currency.
The notes, unveiled by RBZ Governor Dr. John Mushayavanhu, will begin circulating on April 7, starting with the ZiG10, ZiG20, and ZiG50 denominations, while higher values will follow later.
Dr. Mushayavanhu said
HARARE: On February 4, 2026, Econet announced its migration to an Over-The-Counter (OTC) platform on the Victoria Falls Stock Exchange (VFEX). This is a special trading platform managed by the Zimbabwe Stock Exchange (ZSE).
At first perceived as a routine corporate decision, the move signifies a strategic transformation with the potential to reshape Zimbabwe’s capital market and significantly increase
Staff Writer
Central Africa Building Society (Central Africa Building Society) has partnered with global payments firm Visa to introduce new digital payment solutions in Zimbabwe, with a virtual card expected to be launched later this month.
The development comes as CABS continues to strengthen its footprint in the payments space, having recently emerged as the country’s third most popular card
Staff writer
The Zimbabwe Association of Pension Funds (ZAPF) has been advised that it has strong prospects of successfully defending itself against a defamation claim threatened by Econet Wireless Zimbabwe Limited, following the issuance of a confidential advisory note on Econet’s proposed corporate restructuring.
In a detailed legal opinion seen by Insurance24, dated 19 February 2026, law firm
Agricultural Insurance: A Strategic Growth Opportunity for Zimbabwe’s Insurer
Agriculture remains the backbone of Zimbabwe’s economy, employing the majority of the population, anchoring food security and contributing significantly to export earnings. Yet it is also the country’s most vulnerable productive sector, exposed to climate variability, droughts, floods, pests, diseases and volatile
Are pension funds the weak link in Zimbabwe’s shrinking capital markets
Harare: Econet Wireless Zimbabwe and African Sun are the latest to announce plans to delist, both citing the same problem, chronic lack of liquidity.
The growing list of companies exiting Zimbabwe’s stock exchanges points to a deeper structural failure.
On the Zimbabwe Stock Exchange, trading is heavily concentrated.
Staff Writer
HARARE, The Insurance and Pensions Commission (IPEC), the Ministry of Finance, Economic Development and Investment Promotion, and the insurance sector convened a high-level stakeholder consultative meeting in Harare this Friday to deliberate on the importance of insurance of public assets, an initiative anchored in the National Development Strategy 2 (2026–2030).
The meeting underscored
Staff Writer
Zimbabwe’s pensions and insurance sector recorded a combined ZiG21 billion in investments during the 2025 financial year, with pension funds emerging as the largest investors, according to data published by Insurance24.
Pension funds accounted for investments valued at ZiG14,728 billion, placing them at the top of the investment table.
Corporates followed closely, with holdings valued
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HARARE, IN a ruling that could reshape the landscape of insurance disputes in the country, the High Court has ordered Alliance Insurance Company (Private) Limited to, within six months, reconstruct a factory destroyed by fire just over two years ago, compelling the insurer to honour its commitment under a US$24 million policy.
Justice Takuva on Wednesday last week delivered the ruling, unequivocally