RBZ Partners Homelink To Distribute ZiG Notes And Coins
10 months agoTue, 04 Jun 2024 19:14:37 GMT
The Reserve Bank of Zimbabwe (RBZ) has launched “Swipe for ZiG Cash” in partnership with Homelink to address the shortage of small change.
In a statement issued this Tuesday, 04 June, central bank Governor John Mushayavanhu said the transacting public should visit their nearest Homelink branch and swipe for ZiG cash using their local currency debit/credit cards with effect from Monday 10 June 2024. Reads the statement:
The Reserve Bank of Zimbabwe is committed to ensuring sufficient local currency, ZiG circulation in the economy as necessary to support normal business transactions and economic activity.
Pursuant to the above and for the convenience of the transacting public, the Bank wishes to advise the public, of an arrangement with Homelink to widen access to ZiG cash, leveraging on its existing branch network.
The Bank particularly seeks to expand economy-wide availability of small change in the following denominations, ZiG1, ZiG2, ZiG5, ZiG10.
The Bank appeals to all individuals, commuters, public transport operators, retailers, informal traders and their associations, vendor associations and other key stakeholders which interface with the transacting public, to approach their nearest Homelink branch and swipe for ZiG cash using their local currency debit/credit cards with effect from Monday 10 June 2024.
The exchange of foreign currency cash for ZiG cash can also be made at these Homelink branches at the ruling interbank exchange rate.
This arrangement with Homelink is part of wider initiatives by the Bank to ensure the availability of adequate ZIG cash in the economy. Going forward, the initiative will be expanded to other bureau de changes.
The list of Homelink branches across the country is attached for ease of access.
List of Homelink Branches
- Bulawayo – Call Centre (Bulawayo), Federal Building 103a Federal centre, 10th and fort street
- Bulawayo – Fife Street, Beverly Building 16 Beverly Place, Cnr Five Street and 10th Ave
- Chitungwiza – Chitungwiza, Makoni shopping centre 32045 Unit G. Seke
- Gweru – First Mutual Centre Gweru, Shop number 8a, First Mutual Centre, corner Fifth Street and R.G. Mugabe Way
- Harare – FEPC, Hardwick House 72 Samora Machel Ave, Harare
- Harare – Call Centre (Harare), Hardwick House 72 Samora Machel Ave, Harare
- Harare – Machipisa, 5 Samuriwo Building, Machipisa
- Harare – OK Kwame Nkruma, Kwame Nkrumah Avenue
- Harare – Avondale, Shop 1, Shamrock Building 30 King George Rd
- Harare – NocZim House Branch, 100 Leopold Takawira, NocZim House, Harare
- Kwekwe – OK Kwekwe, R. Mugabe Way Kwekwe, Kwekwe
- Mutare – Manica Chambers, 92 Manica Complex, Main Street and 2nd Avenue
- Rusape – Panmart, 301 Manda Street and Chimurenga Street
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38 Comments
Anonymous · 10 months ago
It's good to supply more of zig coins as part of change and do away with high denominations otherwise we will be able to curb the pararell market in the long run.Lets also force big companies to pay tax in Zig.
Anonymous · 10 months ago
Zimbabwe is full of surprises, we will swiping for Zig at Chicken lnn.l surrend
Anonymous · 10 months ago
We complain too much with ignorance at the same time . We don't know where we are coming from . The hard cash trickle slowly into market controlling inflation and volatility and the same time creating demand .
Kana tisingazibe tinobvunza topindurwa . Lies won't solve anything but will couple ignorance and stress.
Anonymous · 10 months ago
It wil work guys dont panic if it doesnt work no problem life goes on even some marriages fail
Homelink · 10 months ago
Homelink Zimbabwe is a financial institution that was founded in 2004 by the Reserve Bank of Zimbabwe, with the aim of serving the diaspora market ¹ ² ³ ⁴. Homelink offers various financial services, including ¹ ⁵ ⁶ ⁷ ³ ⁴:
- Property development and sales
- Mortgage lending
- Money transfers
- Microfinance
- Forex trading
Homelink is headquartered in Harare and has several branches across Zimbabwe ¹ ⁶. The institution has grown over the years, providing financial solutions to both locals and diaspora Zimbabweans ¹ ⁷.
Ding Dong · 10 months ago
Ndiyani angade kuwesta time achinotora mazig ekuti mukombi, pamusika nematuckshop 10 zig yonzi 50cents. So the rate is 1 / 20.
Anonymous · 10 months ago
We surely can survive without this Zig, we have for the past 3 months, I smell a big RAT 🐀 here with this homelink
🦀🦀 · 10 months ago
haurevi nhema
Anonymous · 10 months ago
Why arnt the banks doing this ? ????
Zim-Sketch · 10 months ago
Homelink to make money by buying USD at low rate and supply that USD to companies runned by Vene the elite
Hwesa · 10 months ago
We need more of small denominations esp 5zig and 10zig for change pls. Instead of printing ma20zig pls print ma10zig atange azara kumarket for change. Tanzwa nema pepsi for change.
Wezhira · 10 months ago
The promblem with Zimbabwe is on policy makers,the public is easy to control,you can whip then to line within a few DayZ,stop public servants from back door Usd transactions,wat was the purpose of a liberation struggle when you want to embrace the former colony policy,stop their money ,I mean the top Gvt officials,it's a shame that Zimbabweans proud themselves in using foreign money,it's disgusting go around the world,it's only Zimbabwe transacting with foreign currency in local economy,shame shame
Anonymous · 10 months ago
Lies. Zimbabwe is not the only country using foreign currency in parallel with the local currency. It's the implementation that is the problem not the foreign currency. You cannot fund projects with imaginary money.
...,. · 10 months ago
the adopted currencies have become part of local currency as they are being used more than the locally made. we have managed and survived without the locally made for about 3 months, which means we can survive without the locally made. is pride of having something of our own the real reason, just like with air Zimbabwe?
Chief Bonolo · 10 months ago
Saka murikureva kuti kuMasvingo ndokwemaUS kwedu ndokwemaZiG murikuzvinyanya tirikuzviona zvedu,Kana wanzi baba ngazvifanane ,Zvakuwandira vemaMasvingo chete,Zvichapera Murombedzi yaiita seCapital city asi vakazobvavasisaziva nekune bhachi chairo kkkkkkkkkk .
green bomber 💚 · 10 months ago
Saka smaller towns from Bindura, Masvingo, mutoko, kadoma, mvuma, plummtree to guruve have to travel to get ZiGs 🤣😂
Yaaa · 10 months ago
Chemai maGreen Bomber, ndimi munongigutsurira zvisina basa
green bomber 💚 · 10 months ago
mazuvano kwave ne ma green bomber ane chikoro 5 Is, A level, diplomas and degrees kungoshaikwa kwemabasa chete uye kuda kudzidza patriotism
kembo kashiri chinamasa · 10 months ago
Lack of advice when you introduced the gi,z you didn't think ot change issues, you allowed majority to lose their money in change. When you do these businesses look forward now you begin to wake up now, how has the ordinary man been doing? Please think of others, don't just jump into the pool with out seeing the future. You knew that the american dollar has no change yet is the currency commonly in circulation. Introduction of zig zag was to fight the green of which you can't win subsequently you created a way of looting in change problems. The decision was corrupt never worked as before but made more difficulties to the entire citizens. Still now you're behind very far away behind, you need to supply small denomination and coins to few towns you mentioned and the rest of the country, foolish idea sir, you can't read the past. It should be spread once for all not to select,. Who doesn't need change? Kushaya vanhu, kushaya change kushaya mari, kushaya zano, kushaya zivo uku. Musaite zvamunozotadza kuzadzisa muno shores a nyika yese ichibirwa zvino dzoserai zvinhu zvese pasi. Change ndoingadai yakatanga pane zvauri kutaura izvi. Kusaziva kufa
CIA · 10 months ago
Good articulation I conquer with you my friend. .
conquering concur · 10 months ago
🤣🤣🤣🤣🤣🤣🤣🤣🤣
@kembo.... · 10 months ago
Pfungwa shoma dzakauraya mutumbi nebasa.
rms · 10 months ago
well said hama
⛹️🕺🏋️ · 10 months ago
parate apo ndopane nyaya yose
...,. · 10 months ago
we only need the small zig denominations for change on the US dollar payments. the zig will maintain its rate for many many years if used only for change. the economy has been running without zig available for nearly 3 months while people used the US dollar and the South African Rand. use the small denominations for change and forget about the larger denominations because as soon as they come out they will substitute the smaller denominations as change. any denomination with more than one zero will get in place of the one with one or no zero
Christ Ambassador · 10 months ago
Good Analysis
Anonymous · 10 months ago
Yes ...
John ZiG · 10 months ago
this is a national Ponzi scheme. why not swipe ZiG for USD KKKK
Mushayazano · 10 months ago
It can't
Anonymous · 10 months ago
What can't there
Anonymous · 10 months ago
They will be swiping most of your USD for a few ZIG.
Jacob Zuma · 10 months ago
kwatiri kubva ndookwatiri kuinda
Killian Mpappe · 10 months ago
Bon jour simbabwe Jen ni pale papien Shona but mukangota ndinjanisa ma USD enyu muchida ma ZIG michavharwa ZiG in Ponzi scheme just like E-creator same
Cut Off Saw · 10 months ago
When pigs fly
Mr · 10 months ago
Agh, nyika yedu iyi yakanokorwa tsoka here? MaZig Aya pane ambonyatsomaonao here? zviriko zvirikunzii tiite nehurumeende iyi
