The Reserve Bank of Zimbabwe (RBZ) says it will soon introduce a new series of Zimbabwe Gold (ZiG) banknotes with enhanced security features and greater durability, to restore confidence in the domestic currency and support economic stability.
The banknotes are expected to be released towards the end of the first quarter or early in the second quarter.
Speaking at the State of the Economy and 2026 Economic Outlook meeting in Harare, RBZ deputy governor Innocent Matshe said the rollout of modern, secure notes is essential for rebuilding trust and competitiveness in the economy. Said Matshe:
“First of all, we are introducing durable, modern, secure notes, and those notes are on their way.
“Towards the end of the first quarter or early next quarter, those notes will be available.
“And I want to invite all Zimbabweans to embrace our currency. That’s the only way we can make our economy competitive and grow in the export business.”
Matshe argued that reintroducing a credible local currency is now essential for Zimbabwe to remain competitive both regionally and globally. He said:
“Let me say and emphasise that for our exports to remain competitive, for our economy to be competitive, we need to have our own currency. The Reserve Bank is playing its part.
“I would like to invite, and the governor of the Reserve Bank would like to invite all economic agents to play their part in making this a reality.”
Matshe said the central bank would continue to fine-tune its monetary policy to maintain low inflation, encourage national savings, and build foreign currency reserves.
He added that Zimbabwe no longer faces foreign currency shortages and warned the public against hoarding hard currency.
Related:
Transition To Mono-Currency To Be Gradual – RBZ
Production Of Redesigned ZiG Notes At An Advanced Stage – Mushayavanhu