Online Reporter
Sikhulekelani Moyo
Zimpapers Business Hub
THE Reserve Bank of Zimbabwe (RBZ) says the new ZiG banknote awareness campaign has reached more than 600 000 people ahead of the rollout that will begin on April 7, 2026.
A nationwide awareness campaign was launched by the central bank ahead of the injection of the ZiG10, ZiG20, ZiG50, ZiG100 and ZiG200 notes that will bring in improved quality, durability and enhanced security features.
RBZ governor Dr John Mushayavanhu announced the introduction of the new banknotes when he presented the 2026 Monetary Policy Statement on February 27, 2026.
The RBZ’s awareness campaign, which seeks to ensure that every Zimbabwean is informed about the features, benefits, and proper use of the upgraded currency, aligns with international best practices and reflects the spirit of not leaving anyone or any place behind.
In an update, the RBZ said the awareness campaign has successfully engaged a broad cross-section of society, targeting Government officials, traditional leaders, business owners, civil servants, farmers, religious leaders, youth, and the general public.
“As of March 15, 2026, a total of 610 541 participants had attended the RBZ Big Five Zig banknote series awareness campaign sessions,” reads an update from the central bank.
“There is a strong level of engagement, with sessions attracting an audience eager to learn about the upgraded ZiG Big Five banknote series.
The RBZ said the ZiG is anchored by a composite basket of foreign currency and precious metals (mainly gold) held as reserves for the purposes of preserving its value.
“It is anticipated to restore confidence in the local currency and hence safeguard the multi-currency system, which, to date, has served the country very well,” said the RBZ.
The central bank said the adoption of foreign currencies for domestic transactions is associated with the relinquishing of monetary policy independence, which remains an important macroeconomic management lever that helps to better manage business cycles.
A country that maintains its local currency has a suite of monetary policy instruments at its disposal, which can be deployed to influence the price and quantity of money in the economy.
“In this vein, central banks can freely adjust interest rates to stimulate aggregate demand and effectively rein in inflation,” said RBZ.
