ZiG300m windfall for local companies - Zimbabwe Situation

ZiG Monthly Inflation Rises by 0.7%

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), recorded a slight inflation increase of 0.7% in April 2025, while the United States dollar (USD) experienced a modest 0.2% depreciation, according to the Zimbabwe National Statistics Agency (Zimstat). In a report released Friday, Zimstat noted that ZiG’s month-on-month inflation rate for April stood at 0.6%, a 0.7 percentage point rise from March’s -0.1%. However, on a year-on-year basis, inflati…

ZiG300m windfall for local companies - Zimbabwe Situation

Source: ZiG300m windfall for local companies | The Sunday Mail Debra Matabvu THE Reserve Bank of Zimbabwe (RBZ) has disbursed ZiG300 million (about US$10 million) to 135 private sector companies under a special funding facility to channel affordable, concessionary loans to productive sectors of the economy since January this year. Statistics from the central bank show that the agriculture sector received the largest share of support, with 60 co…