Zimbabwe and regional technology news and updates



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It’s Ecobank That Has Put New Currency On Black Market Says RBZ

The Zim currency drama unfolds. No comment needed from us. Here is the press statement released by the Reserve Bank of Zimbabwe as promised earlier: PICTURES OF NEW NOTES CIRCULATING ON SOCIAL MEDIA The Reserve Bank of Zimbabwe (“RBZ”) has taken note of pictures circulating on social media that show recently introduced 2 dollar banknotes […]

Mangudya – New Currency Coming In Two Weeks

The RBZ Governor, Dr John Mangudya is said to have confirmed that notes backing Zimbabwe’s new currency will go into circulation in a fortnight earlier today. The new currency will not be called bond. It’ll just be called dollars and will be 1:1 with the bond notes. We are going to increase cash supply over […]

New Notes Are Going To Be Printed & Will Be Available In A Few Months – RBZ

The story about government introducing a new currency has been marked by twists and turns. Initially, Finance Minister Mthuli Ncube himself mentioned that a new currency in the form of new notes and coins will be introduced. And over a month later, Eddie Cross, who happens to sit on the Monetary Policy Committee, confirmed that […]

Pres Mnangagwa Again Says New Currency In Months, Reason: We Want To Be Like Others

President Emmerson Mnangagwa is in Maputo, Mozambique attending the US-Africa Business Summit. He spoke to Bloomberg on the sidelines of the summit. In that interview, the president again talked about introducing a new currency in Zimbabwe within months. He said: It is necessary that we have our own currency. I have faith that we’ll achieve […]