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Zimbabwe Achieves Single-Digit Inflation in January 2026, Ending 30-Year High Inflation Trend

The Reserve Bank of Zimbabwe Board of Directors has announced that Zimbabwe achieved single-digit inflation in January 2026, breaking a 30-year trend of chronic high inflation since the last local currency single-digit inflation was recorded. The milestone follows the introduction of the Zimbabwe Gold (ZiG) currency, which is backed by foreign currency reserves including gold and other precious minerals. Enhanced coordination between fiscal and monetary authorities—including the Treasury living within its means—enabled the Governor to implement prudent monetary policy measures required to maintain price stability. The Board has urged the Monetary Policy Committee and Reserve Bank staff to remain committed to consolidating and sustaining low and stable single-digit inflation.

RBZ Graduate Trainee Programme 2026-2028 Law Media Studies

The Reserve Bank of Zimbabwe (RBZ) has announced a 2-year Graduate Trainee Programme for the 2026-2028 cohort, inviting applications from graduates holding a minimum First Class (1) Degree in Law or Media Studies. The programme offers structured training in central banking operations including monetary policy, financial markets, banking supervision, and economic research. Interested candidates should submit applications with CV, certified copies of educational certificates, ID and transcript to gtcareers@rbz.co.zw.

ZiG Stability, 4.1% Inflation, US$1.4B Reserves, New Banknotes

The Reserve Bank of Zimbabwe published its Q1 2026 quarterly snapshot reporting macroeconomic and financial sector developments. Key indicators include single-digit annual ZiG inflation of 4.1% achieved in January 2026 for the first time in over three decades, sustained month-on-month inflation averaging 0.2% through March 2026, and foreign currency reserves standing at US$1.4 billion representing approximately 1.5 months of import cover as of 31 March 2026. Foreign currency receipts totaled US$4.97 billion in the first three months of 2026, a 54.1% increase compared to US$3.22 billion in the same period of 2025, while the interbank exchange rate remained stable at approximately ZiG25 per US dollar. The Reserve Bank also launched the upgraded BiG 5 ZiG Banknote Series alongside a nationwide education and awareness campaign.