“We’re reissuing ZiG coins so that prices aren’t inflated because there’s no change.”
He added that the notes would circulate alongside existing denominations to ensure a smooth transition and prevent cash shortages.
The RBZ also emphasised that the new notes are backed by a structured basket of foreign currencies and gold, strengthening the ZiG’s stability and resilience against inflationary pressures. Mushayavanhu said:
“This initiative will enhance transaction efficiency and reinforce public confidence in the domestic currency.”
The rollout follows January’s encouraging economic data, with annual inflation falling to 4.1% and the policy rate maintained at 35%. Officials project economic growth of at least 5% in 2026, supported by record-high commodity prices and rising forex inflows, which reached US$16.2 billion in 2025.
Economic analyst Tinashe Murapata commented:
“The RBZ is taking positive steps by ensuring sufficient cash circulation while maintaining monetary stability. Public trust in the ZiG is crucial, and the BiG5 series sends a clear message that the currency is here to stay.”
With these measures, Zimbabwe is accelerating its long-term goal of consolidating the ZiG as a stable, inflation-resistant currency, gradually paving the way toward a mono-currency system while safeguarding everyday transactions and market confidence.
Leave a Reply