Zimbabwe is set to introduce high-quality ZiG banknotes in the first quarter of 2026 as part of its plan to transition to a single national currency by 2030.
Presenting the 2026 National Budget in Parliament last Thursday, Finance, Economic Development and Investment Promotion Minister Mthuli Ncube said production of the new notes was now at an advanced stage. He said:
“A critical success factor for a smooth transition to a mono-currency is the availability of high-quality and durable banknotes.
“In this context and as already communicated by the Reserve Bank in the February 2025 Monetary Policy Statement, the Bank is at an advanced stage in the production of high-quality ZiG notes.
“The Reserve Bank expects to roll out the high-quality ZiG notes in the first quarter of 2026.
The roll-out plan, modalities and timing for the issuance of the high-quality ZiG notes will be announced by the Governor in the February 2026 Monetary Policy Statement.”
Ncube stressed that the release of the new ZiG notes does not mean the introduction of a new currency, but rather the rollout of high-quality banknotes designed to improve durability and public convenience.
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