Anonymous

This guy doesn't use Zig ,all is saying is dreaming ngaamuke abike doro

Guvamatanga is fooling no-one with his trash utterances..

Anonymous 

let's not forget....39% ZIG usage by the formal sector.  However over 80% of the economy is informal and uses exclusively usd.
when one takes in to account both formal and informal sectors, the percentage of ZIG usage must surely be insignificant.

voice of the voiceless 

39% is an imaginary figure. this shows that it's still being rejected by many & because its not readily available then it's penetrative is gonna take time. This currency is going to remain a change to usd transactions. 



Bvills 

There is nothing like that Sir. 39% irikubva papi nhai weduwee. ZIG is very hard to come into circulation sometimes banks don't have the cash.its swipe only where you are charged to the teeth.Only three big chain supermarkets display the exchange rate OK TM Spar only the rest do not. Since ZIG was introduced only 10 and 20 denominations are in  circulation and a few coins The US Dollar.is being used in all transactions. If things continue as they are we 

Put more effort you guys of the Finance. 39% to small a number. Dai kuri ku O level that is a U.

Helter Skelter

Babamudinini GG dzikamai imi hamusati matomboishandisa mari iyoyi yamuri kuita kunge muneruzivo nezvayo. Garai pasi Babamunini.

Antman

Lying through his teeth on a broad daylight Pseu **** 

unknown 

Those numbers just cannot be true. Never seen anything purchase emsikeni using ZIG cash

George II is practicing narrating fiction,  having learnt the art from George The First aka George Charamba. 

I am beginning to suspect that all the people  called George have screw loose upstairs. 

BOOZER 

Anyone want to put money that Guvamatanga didn't contribute to the 39%?

Juju

Sensei Kizito

Ndivo mumwe akaita kneel down here nekuda kuramba ari pabasa ?

Peace and Tolerance 

unru!ÿ

chero mukati rapa 70% anozviziva ndyan... tenge chinyeberwa guys mari isina order kuti 10zig note= US0.50,,, 7zig coins=US0.50 ndokutii... ZIG ( Zim Inyika yaGarwe)

Chivhayo 

Uchashanda zvako namasraure akuudze kuti mukati makamirasei

We are in power

Makundika endai ku mbudzi nematamba zvakwana. Kukundikana hakudi kutsamwa enda tigooonane kumusika uko

Sita basa chimbidza

You are fired you and Mr mushayazig go away home useless figure corruption master

The use of Zimbabwe Gold (ZiG) for domestic transactions has increased to 39 per cent since its introduction in April 2024, according to a senior government official.
Speaking at the Zimbabwe Economic Society and Friedrich-Ebert Stiftung (ZES/FES) mid-term budget breakfast meeting in Harare on August 21, Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga said that ZiG now represents 39 per cent of domestic transactions, up from 30 per cent in April.
He added that the remaining 61 per cent of transactions continue to be conducted in foreign currency, primarily US dollars.
Guvamatanga also highlighted that most of the local currency is being used for electronic transactions rather than physical notes and coins. He said (via <a href="https://www.herald.co.zw/zig-registers-gradual-growth-in-transactions/">The Herald</a>):
<blockquote>
To say that the ZiG is not circulating is not correct, the ZiG has been accepted in the market but it is only circulating in electronic form.
When we introduced the ZiG, the portion of transactions was 80-20 per cent and now we are at 61-39 per cent so there has been a very marked increase in the use and acceptance of ZiG, we are seeing more transactions in ZiG.
From a Government revenue perspective, it is the same. There is also movement from this 80-20 percent and now we are at 61-39 percent.
The ZiG is stable, but we just need to make sure that the smaller physical notes and coins circulate to where it is required.
</blockquote>
At the beginning of the year and throughout much of last year, the USD accounted for approximately 80 per cent of local transactions due to the rapid depreciation of the Zimbabwe Dollar.
The introduction of the ZiG has provided some stability; however, the persistent shortage of foreign currency continues to be a significant challenge for Zimbabwe’s economy.
More: <a href="https://www.pindula.co.zw/">Pindula News</a>

Pindula News

Zimbabwe Gold (ZiG) is being used more for local transactions, making up 39% of all transactions. This is up from 30% in April. Most transactions are still in US dollars. ZiG is mainly used electronically rather than in physical money. The introduction of ZiG has helped stabilize the economy, but there is still a lack of foreign currency in Zimbabwe. The government is working on making sure smaller ZiG notes and coins are available. Overall, ZiG is being accepted more in the market, showing a positive trend in the country's financial situation.

ZiG Usage Now Accounts For 39% Of Domestic Transactions - Guvamatanga

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