Zimbabwe Central Bank Introduces Local Coins

The Reserve Bank is set to introduce 'special coins'  in a move meant to ease the problem of small change but analysts have warned of a possible rejection by the public.

  • Zimbabwe:   Zim Dollar Coming Back Soon, Says Pro-Zanu-PF Cleric

    New Zimbabwe, 6 April 2015

    APOSTOLIC Christian Council of Zimbabwe president Johannes Ndanga has said the Zimbabwe dollar will bounce back within the next five years, adding that the country's failing… Read more »

  • Zimbabwe:   Mangudya Hails Bond Coins

    Zimbabwe Standard, 5 April 2015

    At least $4 million in bond coins have been distributed in the economy, accounting for a penetration rate of 75%, the Reserve Bank of Zimbabwe (RBZ) has said. Read more »

  • Zimbabwe:   Invisible Money - Zimbabwe's New Bond Coins

    The Daily Vox, 28 January 2015

    Since the collapse of the Zimbabwe dollar in 2009 due to spiralling, uncontrollable inflation, the country uses several foreign currencies in everyday trade - mainly the US dollar… Read more »

  • Zimbabwe:   Zimbabweans Bonding With Coins

    The Herald, 22 January 2015

    Zimbabweans wrongly believe the bond coins are politically inclined yet this is a pure economic policy targeting the consumers who were being fleeced through the rounding off of… Read more »

  • Zimbabwe:   RBZ's Bond Coins Project - an Appraisal

    New Zimbabwe, 23 December 2014

    THE Finance Ministry and RBZ recently launched a goods market price devaluation model in the shape of cost reducing bond coins. Some economic agents see it as an attempt to… Read more »

  • Zimbabwe:   Central Bank Introduces Local Coins

    The Herald, 18 December 2014

    Banks will today start circulating the Reserve Bank of Zimbabwe's imported bond coins, in a move expected to ease the problem of small change that has been bedevilling the economy… Read more »

  • Zimbabwe:   New Coins Will Ensure Competitive Pricing

    The Herald, 18 December 2014

    THE new bond coins enter circulation today, filling a vital and neglected gap and allowing far more normal pricing and shopping, particularly of small items and items bought… Read more »

  • Zimbabwe:   Zimbabweans Say No to Bonded Coins

    New Zimbabwe, 13 December 2014

    MOST people have criticised the government decision to introduce bonded coins saying the move could be a way of trying to bring back the Zimbabwean dollar through the back door. Read more »

Is the zimbabwe dollar on its way back?

  • Zimbabwe:   Thanks for the Coins but ...

    Financial Gazette, 11 December 2014

    THE Reserve Bank of Zimbabwe (RBZ) recently unveiled bond coins to the public in line with its announcement made in the Monetary Policy Statement of August. When RBZ governor John… Read more »

  • Zimbabwe:   BAZ Welcomes Bond Coins

    The Herald, 11 December 2014

    The introduction of bond coins will restore good pricing models and reduce problems associated with lack of change, which has been forcing consumers to buy unwanted goods, the… Read more »

  • Zimbabwe:   Quitting Multi-Currency Not Easy - RBZ

    The Herald, 8 December 2014

    ZIMBABWE will find it difficult to do away with a multi-currency system, dominated by the US dollar, due to huge recovery strides it must make to support its own currency, Reserve… Read more »

  • Zimbabwe:   Coins to Ease Small Change Challenges

    Zimbabwe Standard, 7 December 2014

    Retailers are expected to reduce the prices of goods and services following the introduction of coins as change would now be readily available, an official from Consumer Council of… Read more »

  • Zimbabwe:   RBZ Introduces Coins

    The Herald, 6 December 2014

    The Reserve Bank of Zimbabwe will this month bring into circulation coins, backed by a bond, to ensure availability of smaller units for divisibility of the US dollar when… Read more »

  • Zimbabwe:   'Special' Coins to Ease Problem of Change?

    The Herald, 5 December 2014

    The Reserve Bank of Zimbabwe will today unveil special coins that will help ease the problem of change in the economy. Availability of the coins is expected to result in the… Read more »

  • Zimbabwe:   RBZ to Unveil Special Coins This Week

    New Zimbabwe, 3 December 2014

    THE Reserve Bank of Zimbabwe (RBZ) is this week due to unveil the special coins which are expected to help ease problems with transacting change created after the country adopted a… Read more »

  • Zimbabwe:   Coinage System Vital for Zim Economy

    Zimbabwe Independent, 3 October 2014

    IF government manages to deliver on its promise that US$20 million worth of special coins will be in introduced into the Zimbabwean economy next month or in December, hard-pressed… Read more »

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