The Reserve Bank of Zimbabwe has started rolling out newly designed ZiG banknotes across the country, in a renewed effort to strengthen the local currency.<\/p>\n
<\/p>\n
The new notes, branded the \u201cBig Five\u201d series, come with improved durability, stronger security features and wildlife imagery aimed at reflecting national identity.<\/p>\n
<\/p>\n
The rollout comes at a time when the United States (US) Dollar still dominates most everyday transactions, especially in informal markets.<\/p>\n
<\/p>\n
Independent Policy Researcher Kevin Tutani says the move is intended to increase the presence of the ZiG in the economy. \u201cOnly about 10 to 20% of transactions are currently done in local currency, while the majority are in US Dollars. Introducing higher denominations is meant to boost supply and encourage wider use,\u201d he said.<\/p>\n
<\/p>\n
Tutani noted that inflation remains relatively low, giving authorities room to carefully increase money supply. He believes this could support the currency if handled properly.<\/p>\n
<\/p>\n
He also pointed to the role of government in driving demand. \u201cIf the state pays for goods and services in local currency and encourages its use in public transactions, that could help the ZiG gain ground,\u201d he explained.<\/p>\n
<\/p>\n
The highest denomination is expected to be 200 ZiG, with reports indicating the new notes are already in circulation, although not yet widely available in all areas.<\/p>\n
<\/p>\n
–ChannelAfrica–<\/p>\n","protected":false},"featured_media":31204,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-31203","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Reserve Bank of Zimbabwe has started rolling out newly designed ZiG banknotes","published_date":"2026-04-09 13:10:27","news_description":"Reserve Bank of Zimbabwe has started rolling out newly designed ZiG banknotes","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/31203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/31203\/revisions"}],"predecessor-version":[{"id":31205,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/31203\/revisions\/31205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/31204"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=31203"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=31203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}