RBZ to Enhance Design and Quality of ZiG Banknotes

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The Reserve Bank of Zimbabwe (RBZ) is set to improve the quality and design of Zimbabwe Gold (ZiG) banknotes to align with international standards.

The central bank has announced that the new, high-quality notes will be introduced soon, with further details to be shared in due course.

RBZ Governor John Mushayavanhu made this announcement during the release of the 2025 Monetary Policy Statement on Thursday. He also revealed that the RBZ will launch an extensive educational campaign and other initiatives in remote areas to ensure the proper distribution of ZiG notes across the country.

Mushayavanhu stated:

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“Recognising the need to ensure the optimal distribution of ZiG notes in the economy, particularly for ease of access in remote areas and to further entrench financial inclusion, the Reserve Bank is embarking on an intensive and extensive educational campaign programme and other initiatives, working with key stakeholders in the communities.”

“The Reserve Bank is also working on enhancing the quality and design of ZiG banknotes in line with international standards. The rollout of the improved high-quality ZiG notes will be communicated in due course.”

When the ZiG banknotes were introduced in mid-2024, many Zimbabweans expressed dissatisfaction with their poor quality. The notes were easily damaged and wore out quickly, complicating daily transactions.

The low denominations of the notes also posed problems, as they were inconvenient for larger purchases and not widely used, particularly in rural areas.

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