i


MAY 2019

TABLE OF CONTENTS


Sources:
1. Zimbabwe National Statistics Agency (ZIMSTAT)
2. Reserve Bank of Zimbabwe (RBZ)
3. Zimbabwe Stock Exchange (ZSE)

April

May
Month-on-
Month
Change (%)
Yearly Inflation1 (%)
75.86
97.85
-
Monthly Inflation1 (%)
5.5
12.54
-
National Payment System Transactions2
(US$ millions)
19,249.88
25,801.60
33.9
Money Supply2 (US$ millions)
11,353.37
13,008.69
14.58
Money Supply (M3) Annual Growth2 (%)
45.14
57.51
-
Nominal Lending Rate2 (% per annum)
4.00-18.00
4.00-22.00
-
Z.S.E All share Index
133.69
188.06
40.68
Z.S.E. Mining Index3
186.47
225.81
21.10
Z.S.E. Industrial Index3
446.52
628.41
40.74
SELECTED ECONOMIC INDICATORS

INTERNATIONAL COMMODITY PRICE
DEVELOPMENTS

The international commodity prices of gold,
platinum, copper, nickel and brent crude oil
retreated, during the month of May 2019.

Precious Metals
Precious metal prices declined largely due to
strengthening of the US dollar, amid robust U.S.
economic data. The strong performance in
equities, coupled with high investor appetite for
riskier assets also exerted downward pressure on
precious metal prices. Resultantly, gold prices
declined by 0.2%, from a monthly average of
US$1,287.04/oz
in
April

to
US$1,283.86/oz in May 2019.
Similary, platinum prices fell by 6%, from a
monthly average of US$886.85oz in the previous
month, to US$833.64/oz during the month under
review.
Weak
industrial
demand
from
automotive industries, following a drop in car
sales from the U.S to Europe and China, also
contributed to the decline in platinum prices.
Figure 1 depicts the evolution of gold and
platinum prices for the period from May 2018 to
May 2019.


Figure 1: Precious metal prices (US$/oz.)
Source: Bloomberg, 2019

Base Metals
Base metal prices were weighed down by
mounting trade tensions between the US and
China. The trade war has raised market concerns
about global trade and investment prospects,
negatively affecting the demand outlook for a
number of commodities, including base metals.

Consequently, nickel prices retreated by 13.1%,
from US$13,800.11/ton in the previous month to
US$11,992.76/ton in May 2019. Copper prices
also fell by 7.1%, to end the month under review
at an average of US$5,987.27/ton.

May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
US$/oz.
Gold
Platinum

Figure 2: Base metal prices (US$/ton)
Source: Bloomberg, 2019


Brent Crude Oil
Brent crude oil prices retreated during the month
under review, following the unexpected build- up
in U.S. crude inventories. The decline was,
however, moderated by relatively tight supply,
amid OPEC output cuts and political tensions in
the Middle East. Against this backdrop, the price
of crude oil went down by 1.6%, from a monthly
average of US$71.45/barrel in April 2019 to
US$70.28/barrel in May 2019, as shown in
Figure 3.


Figure 3: Brent Crude Oil prices
(US$/barrel)


MERCHANDISE TRADE
DEVELOPMENTS

During the month of May 2019, total
merchandise trade increased by 12.4% to
US$780.0 million, from US$693.7 million
realised in the previous month. The increase was
largely underpinned by the significant increase in
exports, as well as marginal increase in monthly
imports.

Merchandise Exports
Merchandise exports increased by 23.9%, from
US$277.0 million in April 2019 to US$343.2
million in May 2019. Figure 3 shows
merchansise exports for the period from January
2018 to May 2019.


May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19
Nickel US$/ton
Copper US$/ton
Copper
Nickel (RHS)

Jan-17
Mar-17
May-17
Jul-17
Sep-17
Nov-17
Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19

Figure 3: Merchandise Exports (US$ m)

Source: ZIMSTAT, 2019

The increase in monthly merchandise exports
was largely on account of higher export revenues
from nickel; gold; flue-cured tobacco; industrial
diamonds; and Jewellery.
Table 1 shows the major export commodities for
the months of April 2019 and May 2019.


1 Unwrought platinum is a component of platinum group
of metals (PGMs).
Table 1: Exports Classified by Harmonised
Commodity Description and Code
System
Commodity
Apr-19
May-19
May

Share of
Total
Exports
US$m
US$m
(%)
Gold
81.2
90.6
26.4
Nickel mattes
55.2
79.0
23.0
Nickel ores & concentrates
35.7
51.3
14.9
Ferro-chrome
24.1
19.9
5.8
Flue-cured tobacco
14.1
16.1
4.7
Industrial diamonds
5.5
15.5
4.5
Jewellery
10.5
13.5
3.9
Chromium ores and
concentrates
5.4
4.0
1.2
Unwrought Platinum1
4.7
3.8
1.1
Cane Sugar
0.6
3.4

Other
40.0
46.1
13.4
Total
277.0
343.2

Source: ZIMSTAT, 2019

The country’s top five merchandise export
destinations were South Africa (41.8%); the
United Arab Emirates (18.9%); Mozambique
(7.3%); Belgium (2.6%); and Zambia (1.7%), as
shown in Figure 4.
Figure 4: Top Five Merchandise Export
Destinations (% Share)
Source: ZIMSTAT, 2019

Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19

South Africa
United Arab Emirates
Mozambique
Belgium
Zambia

Merchandise Imports
Merchandise imports stood at US$436.8 million
for the month of May 2019, a 4.8% increase from
the US$416.7 million recorded in April 2019. In
terms of proportions, diesel accounted for 15.9%,
unleaded petrol, 7.6%; and medicines, 1.2% of
total imports.
Table 2 shows the country’s major import
commodities for April 2019 and May 2019.
Table 1: Imports Classified by Harmonised
Commodity Description and Code
System
Commodity
April
US$m
May
US$m
Share
of
Total
Exports
(%)
Diesel
75.3
69.6
15.9
Unleaded petrol
35.8

7.6
Medicines
1.1
5.3
1.2
Crude soya bean oil
8.9
4.2
1.0
Road tractors (for
semi-trailers)
1.8
3.6
0.8
Motor vehicles (for
the transportation of
goods)
5.3
3.5
0.8
Wheat
3.2
3.5
0.8
Electricity
5.8
3.5
0.8
Insecticides
1.4
2.6
0.6
Other

45.7
Total
416.7
436.8

Source: ZIMSTAT, 2019

South Africa continued to dominate the country’s
major import sources at 38.2% of total imports,
followed by Singapore (27.9%); China (7.4%);
Mauritius (3.0%); and India (2.3%), as shown in
Figure 5.
Figure 5: Top Five Merchandise Import
Sources (% Share).
Source: ZIMSTAT, 2019 & RBZ Calculations, 2019
Merchandise Trade Balance
The
country’s
merchandise
trade
deficit
narrowed to US$93.6 million in May 2019, from
US$139.7 million in April 2019.
Figure 6: Merchandise Trade Balance
(US$m)
Source: ZIMSTAT, 2019

South Africa
Singapore
China
Mauritious
India

Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Exports
Imports
Trade Balance

MONETARY DEVELOPMENTS2

Annual broad money3 supply growth increased
by 12.37 percentage points, from 45.14% in
April 2019 to 57.51% in May 2019. The growth
reflected an increase in broad money stock, from
$8 258.92 million in May 2018 to $13,009.04
million in May 2019. Part of the increase in broad
money supply was due to the valuation of the
foreign currency deposits in local currency.

The annual growth in money supply was, in large
part, attributable to expansions in demand
deposits, 69.31%; negotiable certificates of
deposits, 58.43%; currency in circulation,
31.39%; and time deposits, 11.74%.

Month-on-month, broad money supply stood at
$13,009.04 million in May 2019, a 14.58%
increase from $11,353.37 million registered in
April 2019.

Figure 7: Broad Money in Levels and
Growth Rates
Source: Reserve Bank of Zimbabwe, 2019

2 All monetary numbers valued in RTGS since adoption of
an interbank market determined exchange rate in February
2019.
In terms of proportions, demand deposits
accounted for 59.66% of broad money; FCA
deposits, 23.30%; time deposits, 12.39%;
currency in circulation, 3.58%; and negotiable
certificates of deposits, 1.07%.
Figure 8: Composition of Money Supply

Source: Reserve Bank of Zimbabwe, 2019
Annual growth in private sector credit stood at
16.20% in May 2019, compared to 7.58% in
April 2019. On a monthly basis, credit to the
private sector increased by 10.08%, from
$4 012.06 million in April 2019, to close at
$4 416.48 million in May 2019.

The distribution of credit during the month under
review was dominated by households which
accounted for 24.62% of total credit, followed by
agriculture,
19.47%;
distribution
12.75%;
services,
12.07%;
manufacturing,
10.07%;
financial organisations and investment, 9.14%;
3 From November 2017, broad money adjusted by a
reclassification of lines of credit that were incorrectly
classified as deposits included in broad money. This
reduced the stock of money and at the same time reducing
the net foreign assets of other depository corporations.

-

May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
%
$ Billions
M3
M3 Annual Growth rate
Demand
deposits
59.66%
FCA
deposits
23.30%
Time
Deposits
12.39%
Currency in
Circulation
3.58%
Negotiable
Certificates
of Deposits
1.07%

mining, 6.85%; construction, 2.70%; and
transport and communication 1.95%. Individuals
and households, however, include micro, small
and medium enterprises (MSMEs).

Figure 9: Distribution of Private Sector
Credit
Source: Reserve Bank of Zimbabwe, 2019
STOCK MARKET DEVELOPMENTS

The Zimbabwe Stock Exchange (ZSE) was
bullish, during the month of May 2019, as strong
demand continued to characterize trading on the
local bourse. The rally on the stock market was
driven by investors looking to preserve value,
due to inflationary pressures and the depreciation
of the local currency. As a result, the All share
index increased by 40.68% to 188.06 points,
from 133.69 points recorded in April 2019. The
Top 10 index gained 55.33 points to close at
182.99 points during the same month.


Figure 10: Zimbabwe Stock Exchange All
Share and Top 10 Indices
Source: Zimbabwe Stock Exchange, 2019
The industrial index stood at 628.41 points in
May 2019, representing a 40.74% increase from
446.52 points registered in the previous month.
Similarly, the mining index increased from
186.47 points in May 2019, to close the month
under review at 225.81 points.
Figure 11: Zimbabwe Stock Exchange
Indices
Source: Zimbabwe Stock Exchange, 2019
The volume of shares traded on the local bourse
increased by 76.59%, to close the month of May
2019 at 237.33 million shares. In tandem, the
value of shares traded rose to $193.52 million, a
66.08% increase from $295.84 million in April
2019.
Construction,
2.70%
Transport and
Communication,
Mining,
6.85%
Fin
Organ &
Invest,
9.14%
Distrubution,
12.75%
Services,
12.07%
Manufacturing,
10.07%
Agriculture,
19.47%
Households,
24.62%
Other,

31-May-18
30-Jun-18
31-Jul-18
31-Aug-18
30-Sep-18
31-Oct-18
30-Nov-18
31-Dec-18
31-Jan-19
28-Feb-19
31-Mar-19
30-Apr-19
31-May-19
Top 10 Index
All Share Index
All Share Index
Top 10 Index

Mining Index Points
Industrial Inedx Points
Industrial
Mining

Figure 12: ZSE Monthly Volumes and Values
Traded
Source: Zimbabwe Stock Exchange, 2019
The bull run on the ZSE market was reflected in
a

month-on-month
increase
in
market
capitalisation of $7.42 billion to $24.92 billion as
at close of May 2019, compared to $17.50 billion
recorded in April 2019.

INFLATION OUTTURN

Annual Inflation

Annual headline inflation increased to 97.85% in
May 2019, from 75.86% in April 2019. This was
largely attributable to increases in both food and
non-food inflation.
All food sub-categories registered annual price
increases in May 2019, largely driven by
vegetables, bread and cereals, and meat. Prices of
bread and cereals rose due to shortages of wheat,
as well as the cost build-up along the value chain.
Similarly, all non-food categories recorded price
increases in May 2019, with the largest increases
recorded for transport; housing water, electricity,
gas and other fuels; alcoholic beverages and
tobacco; and clothing and footwear.
Figure 13: Annual Headline, Food and nonFood Inflation (%)

Source: ZIMSTAT, 2019

Monthly Inflation

On a month-on-month basis, inflation rose to
12.54% in May 2019, from 5.52% recorded in the
previous month. The increase in annual inflation
was attributed to food inflation which increased
to 126.43% in May 2019, from 92.5% in April
2019. Non-food inflation also rose from 68.2% in
April 2019, to 85.94% in May 2019.

Figure 14: Month-on-Month Inflation (%)
Source: ZIMSTAT, 2019

1,000
1,100
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Values Traded ($ millions)
Volumes Traded (milions)
Volume
Turnover

Non-Food
Overall
Food

May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19

NATIONAL PAYMENTS SYSTEM


The total value of transactions processed through
the National Payment System (NPS) amounted to
$25.8 billion in May 2019. This was a 33.9%
increase from the $19.27 billion worth of
transactions processed during the previous
month. Total transaction volumes processed
through the NPS increased by 82.3% to close at
350.4 million in May 2019, from 190.2 million
recorded in the previous month.

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

During the month of May 2019, the value of
transactions processed through the RTGS system
stood at $14.7 billion, up from $10.3 billion in
the previous month. RTGS transaction volumes
increased by 20.1% to 642,585 transactions in
May 2019, from 535,018 transactions in April
2019.
Figure 15: ZETSS Volumes and Values

Source: Reserve Bank of Zimbabwe, 2019


Cash transactions

Cash based transactions stood at $615.5 million
in May 2019, a 28.4% increase from $479.3
million recorded in the previous month.
Mobile and Internet Based Transactions
The total value of mobile and internet based
transactions increased by 34.64%, to close the
month under review at $8.6 billion. This
compares with the $6.4 billion recorded in April
2019.
Card Based Transactions
The total value of card based transactions
amounted to $1.4 billion in May 2019, a decline
of 12.1% from the $1.59 billion registered in the
previous month.
Cheque Transactions
Cheque transactions increased by 33.5%, from
$3.14 million in April 2019 to $4.19 million in
May 2019.

JULY 2019
RESERVE BANK OF ZIMBABWE


May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Value in $ Billions
Volume in Thousands
Volume
Value

Statistical Tables

Monetary Statistics
1. Depository Corporations Survey

2. Central Bank Survey

3. Other Depository Corporations Survey

Other Depository Corporations

4.1 Assets

4.2 Liabilities

Commercial Banks
5.1 Assets

5.2 Liabilities

Building Societies
6.1 Assets

6.2 Liabilities

Sectoral Analysis of Bank Loans and Advances and Deposits

7.1 Sectoral Analysis of Commercial Banks Loans and Advances

7.2 Sectoral Analysis of Commercial Banks Deposits

Interest Rates

8.1 Lending Rates

8.2 Banks Deposit Rates

Inflation

9.1 Monthly Inflation

9.2 Yearly Inflation

External Statistics

10. Total External Debt Outstanding by Debtor

11. Exchange Rates

12. Zimbabwe Stock Market Statistics

13. National Payments System Statistics


13.1 Values of Transactions

13.2 Volumes of Transactions

May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Net Foreign Assets

Central Bank(net)

Foreign Assets

Foreign Liabilities

Other Depository Corporations(net)

Foreign Assets

Foreign Liabilities

Net Domestic Assets (NDA)

Domestic Claims

Claims on Central Government(net)

Claims on Central Government

Central Bank

ODCs

Less Liabilities to Central Government

Central Bank

ODCs

Claims on Other Sectors

Other Financial Corporations

State and Local Government

Public Non Financial Corporations

Private Sector

Central Bank

ODCs

Other Items(Net)

Shares and Other Equity

Liabilities to Other Financial Corporations

Restricted Deposits

Deposits and Securities Excluded from Base Money

Other Items(net)

Broad Money-M3

Securities Other than Shares Included in Broad Money

Broad Money-M2

Other Deposits

Narrow Money-M1

Transferable Deposits

Of which Foreign Currency Accounts

Currency Outside Depository Corporations

Memorandum Items
Reserve Money

FCAs as a Percentage of Deposits in M3

End Period Exchange Rate

Source: Reserve Bank of Zimbabwe,2019
Notes:
(i) Depository corporations survey - formerly Monetary Survey.
(ii) Broad money redefined using IMF's Monetary and Financial Statistics Manual of 2000. Major changes include exclusion of Government deposits held by banks from broad money.
(iii) Transferable deposits made up of demand and savings deposits.
(iv) NCDs are also referred to as securities included in broad money.
(v) All classes of time deposits, short and long term are classified as time deposits, which are also termed other deposits.
(vi) Credit to the private sector now excludes claims on other financial corporations, as well as claims on state and local government (local authorities)
(vii) Depository corporations made up of the Central Bank and other depository corporations
(viii) Other depository corporations (ODCs) - Commercial banks, merchant banks, building societies and POSB.
(ix) In December 2017, the statistics were adjusted in restrospect by reclassifying Securities issued under Aftrades from claims on government to claims on central bank
(x) In December 2017, the statistics were adjusted in restrospect by reclassifying amounts accessed by banks under the Aftrades from liabilities to Other Depository corporations and Other Financial Corporations to liabilities to Central Bank
(xi) In December 2018, statistics were revised from November 2017 due to reclassification of lines of credit (foreign liabilities) that were initially classified as deposits included in broad money
(xii) All monetary and financial statistics are valued in ZWL$ since the introduction of the interbank foreign exchange market in February 2019
TABLE 1: DEPOSITORY CORPORATIONS SURVEY (ZWL$ '000)

Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Net Foreign Assets

Claims on Non Residents

Official Reserves Assets

Other Foreign Assets

Less Liabilities to Non Residents

Short Term Liabilities

Other Foreign Liabilities

Net Domestic Assets (NDA)

Domestic Claims

Net Claims on Central Government

Claims on Central Government

Of which: Securities Other than Shares

Loans

Loans and Advances

Legacy Debt

Export Incentives

Less Liabilities to Central Government

Of which: Deposits

Other

Claims on Other Sectors

Other Financial Corporations

State and Local Government

Public Non Financial Corporations

Private Sector

Claims on Other Depository Corporations

Of which: Loans

Other Liabilities to ODCs

Of which: Aftrades Balances

Securities

Other Items(Net)

Shares and Other Equity

Other Items(Net)

Liabilities to Other Resident Sectors

Deposits and Securities Excluded from Base Money

Monetary Base Incl. foreign currency clearing balances
Monetary Base

Bond Coins

Bond Notes

Liabilities to ODCs

Reserve Deposits

Other

Private Deposits

Source: Reserve Bank of Zimbabwe,2019
TABLE 2: CENTRAL BANK SURVEY (ZWL$'000)

Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Net Foreign Assets

Claims on Non Residents

Of Which: Foreign Currency

Deposits

Other

Less Liabilities to Non Residents

Of Which: Deposits

Loans

Other

Net Domestic Assets (NDA)
7,472,096.38

7,624,121.15

8,098,814.54

8,741,831.36

9,132,705.19


Domestic Claims
6,266,910.56

6,437,720.58

6,745,532.52

6,989,263.27

7,168,985.87


Net Claims on Central Government
2,339,300.34

2,476,778.04

2,715,985.15

2,783,534.43

3,262,756.31


Claims on Central Government
2,453,993.46

2,572,350.40

2,823,354.57

2,872,745.05

3,295,887.08


Securities
2,434,830.12

2,558,912.76

2,814,916.90

2,865,309.79

3,291,375.03


Loans
19,163.34

13,437.64

8,437.68

7,435.26

4,512.05


Other
-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less Liabilities to Central Government
114,693.11

95,572.36

107,369.43

89,210.62

33,130.77


Of which: Deposits
114,693.11

95,572.36

107,369.43

89,210.62

33,130.77


Other

Claims on Other Sectors
3,927,610.21

3,960,942.53

4,029,547.37

4,205,728.83

3,906,229.56


Other Financial Corporations
47,078.39

47,272.71

36,981.14

42,406.27

43,993.11


State and Local Government
48,750.40

52,851.54

51,746.27

49,509.94

54,356.85


Public Non Financial Corporations
150,967.31

145,902.98

159,350.37

222,545.56

181,987.35


Private Sector
3,680,814.12

3,714,915.30

3,781,469.60

3,891,267.06

3,625,892.25


Claims on the Central Bank
2,474,448.22

2,438,430.82

2,557,149.58

3,089,939.84

3,471,170.30


Currency
16,707.478

14,888.726

14,154.729

8,986.260

20,609.732


Other Claims including Reserves
2,457,740.74

2,423,542.10

2,542,994.86

3,080,953.58

3,450,560.57


Liabilities to the Central Bank
140,468.21

82,369.89

101,470.93

119,810.71

118,944.97


Other Items(Net)
1,128,794.20

1,169,660.36

1,102,396.63

1,217,561.04

1,388,506.01


Shares and Other Equity
1,555,909.88

1,542,636.03

1,574,043.84

1,632,378.01

1,758,871.23


Liabilities to other ressident sectors
6,906.82

16,085.12

19,885.58

21,559.36

32,602.91


Other Items(Net)
(434,022.51)

(389,060.79)

(491,532.80)

(436,376.33)

(402,968.13)


Deposits and Securities Included in Broad Mone 7,308,552.27

7,432,774.94

7,841,481.27

8,451,064.87

8,908,463.53


Deposits Included in Broad Money
7,231,240.46

7,348,810.03

7,753,466.00

8,384,220.79

8,818,964.20

8,892,333.01

9,192,282.61

9,163,326.94

9,179,384.09

9,432,073.48

9,249,189.49

9,796,911.59

9,999,066.93

10,698,817.40

12,307,411.86

Transferable Deposits


7,782,391.98

8,323,687.16

8,562,013.77

9,211,180.01

10,695,596.51

of which FCAs
149,041.84
139,613.34
343,305.00

418,087.02

1,190,521.05

1,417,836.22

1,753,489.14

3,031,536.97

Other Deposits
1,490,952.43

1,374,640.48

1,442,460.95

1,459,140.37

1,501,520.77

1,524,244.03

1,488,981.24

1,427,834.38

1,430,427.17
1,508,902.47


Money Market Instruments
77,311.81

83,964.91

88,015.27

66,844.08

89,499.33

66,484.46

52,419.97

61,703.77

50,864.73

58,584.04

59,302.10

71,792.12

74,503.10

90,813.24

139,439.93

Source:Reserve Bank of Zimbabwe,2019
TABLE 3 : OTHER DEPOSITORY CORPORATIONS SURVEY ( ZWL$ '000)

Foreign
TOTAL
End of
Notes
Bond
&
Balances
Balances with
Balances
Other Claims
Local
Other
Notes &
Coin
with
Other Depository
with
on
Government

Governemt
Other

Government
Local
Public
Institutional
Other cliams
Contigent Assets
Other Assets
Non Financial
Coins
RBZ
Corporations
Foreign Banks
Non-residents
Securities
securities
Government
Enterprises
Units
Assets

Mar
12.6

66.4

1,485.9

260.5

154.9


Apr
10.7

67.8

1,495.2

249.4

219.3


May
13.4

56.9

1,492.4

272.5

170.2


Jun
7.4

57.1

1,674.9

350.3

92.1


Jul
7.1

45.2

1,807.4

302.3

63.1


Aug
12.3

40.6

2,061.9

276.6

165.3


Sep
12.0

38.1

2,110.4

226.8

179.7


Oct
8.7

41.8

2,139.3

254.1

190.8


Nov
9.8

46.1

2,315.5

289.8

184.2


Dec
12.6

58.1

2,592.0

276.0

213.4


Jan
23.4

66.9

2,528.5

291.2

111.9


Feb
20.0

46.8

2,516.8

347.6

114.2


Mar
16.7

57.9

2,457.7

312.8

139.2


Apr
14.9

61.9

2,423.5

337.0

120.8


May
14.2

71.7

2,543.0

477.8

138.6


Jun
9.0

58.5

3,081.0

509.8

120.0


Jul
20.6

61.9

3,450.6

466.4

111.6


Aug
23.1

72.3

3,475.7

377.8

105.3


Sep
18.2

61.5

3,781.6

398.1

159.1


Oct
39.9

70.4

3,771.3

368.3

185.5


Nov
30.6

84.6

3,696.3

300.6

209.8


Dec
20.5

94.5

3,949.5

439.6

235.5


Jan
49.0

113.4

3,901.0

401.9

261.6


Feb
59.7

256.8

3,764.8

357.1

570.4


Mar
62.5

263.2

3,891.0

432.9

739.3


Apr
45.2

363.5

4,153.9

578.9

1,031.9


May
98.7

484.2

4,089.2

694.1

1,890.1


Source:Reserve Bank of Zimbabwe,2019
Notes
1.Government securities includes treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households, other financial corporations.
Public
Enterprises
TABLE 4.1: OTHER DEPOSITORY CORPORATIONS -ASSETS
ZWL$ millions
Debt Securities
Loans and Advances

Debt Securities Foreign Liabilities
Capital
Contigent
Other
TOTAL
and
Liablities
Liablities
End of
Demand
Savings
Time Deposits
Total Deposits
Other Depository
Government
Total
RBZ
Other Depository Other Finacial
Reserves
from the public
Corporations
Corporations
Corporations

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

June

July

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Reserve Bank of Zimbabwe,2019
TABLE 4.2 : OTHER DEPOSITORY CORPORATIONS - LIABILITIES
Deposits
Amounts Owing to
ZWL$ millions

TOTAL
End of
Foreign
Bond
Notes
Balances
Balances with
Balances
Other Claims
Local
Public
Other
Contigent
Non Financial
Notes &
&
with
Other Depository
with
on
Government1
Local Governemt
Public Enterprises
Other2
Government
Government
Enterprises
Institutional Units3
Other claims
Assets
Other Assets
Assets
Coins
Coin
RBZ
Corporations
Foreign Banks
Non-residents
Securities
securities

Jan
17.7

103.8

1,322.4

81.9

128.2

27.0

1,485.0

-

15.4

3.6

15.9

15.1

68.6

2,467.7

53.9

395.7

251.9

479.3

6,933.1

Feb
16.3

89.4

1,396.1

96.1

137.3

48.6

1,502.5

-

15.5

3.2

15.0

14.9

68.2

2,238.9

239.7

398.5

266.0

480.1

7,026.4

Mar
10.7

63.3

1,421.4

83.2

150.7

53.5

1,578.7

-

15.7

3.8

15.7

15.7

69.9

2,554.3

23.7

422.4

314.5

484.0

7,281.0

Apr
9.8

64.1

1,383.4

75.9

209.0

51.4

1,744.4

-

15.8

3.6

15.8

16.9

74.0

2,493.3

26.4

489.1

263.7

492.6

7,429.3

May
12.4

52.6

1,376.3

119.9

159.1

75.3

1,739.8

-

15.7

33.6

16.7

16.3

72.4

2,528.3

28.4

486.1

290.7

492.0

7,515.6

Jun
7.0

53.3

1,578.5

141.4

82.2

110.6

1,786.8

-

16.0

35.0

47.9

16.5

82.2

2,583.5

23.9

533.5

273.6

497.3

7,869.2

Jul
6.7

40.9

1,684.5

137.6

53.7

103.6

1,752.4

-

26.1

34.4

45.2

16.9

116.3

2,495.4

24.2

513.6

295.5

482.1

7,829.0

Aug
11.8

37.1

1,882.4

124.3

161.2

7.9

1,856.2

-

26.3

64.6

41.3

18.0

145.0

2,538.1

23.8

531.8

272.6

485.7

8,228.1

Sep
11.4

35.8

1,961.8

109.6

172.7

31.3

1,998.0

-

23.5

65.0

41.5

15.6

118.2

2,585.7

28.3

472.8

281.3

487.7

8,440.0

Oct
8.1

40.5

1,961.8

143.7

175.7

61.0

2,106.6

-

24.4

65.1

34.8

17.8

99.1

2,607.0

29.4

432.4

287.8

508.9

8,604.1

Nov
9.0

45.1

2,126.7

161.1

174.7

74.3

2,230.4

-

23.5

65.4

32.3

19.6

106.9

2,618.1

26.4

417.7

324.2

511.4

8,966.9

Dec
11.4

55.3

2,373.9

141.5

203.5

66.6

2,128.7

-

23.5

66.3

29.4

19.4

145.0

2,579.8

40.0

508.3

324.5

536.4

9,253.6

Jan
22.4

64.1

2,294.5

192.1

103.4

81.9

2,143.2

-

23.5

65.9

26.3

20.6

154.8

2,451.1

28.7

501.0

294.2

538.9

9,006.6

Feb
18.3

44.0

2,296.8

223.7

108.3

96.2

2,109.3

-

23.5

66.1

24.3

21.1

145.0

2,461.5

28.7

507.8

290.6

536.3

9,001.5

Mar
14.8

53.6

2,238.8

240.7

124.5

99.5

2,164.0

-

23.5

66.7

19.2

15.9

127.1

2,535.8

30.4

504.1

325.8

552.3

9,136.6

Apr
13.5

56.7

2,207.9

275.0

116.7

78.5

2,314.9

-

24.7

67.0

13.4

20.9

120.8

2,519.8

28.3

532.0

299.0

554.9

9,244.0

May
12.9

62.8

2,309.0

339.5

130.1

85.7

2,562.4

-

25.0

66.9

8.4

20.9

134.0

2,556.2

23.9

458.9

307.9

555.3

9,659.8

June
7.5

52.6

2,848.5

331.8

117.3

84.1

2,538.3

-

26.2

66.5

7.4

19.4

196.0

2,662.2

25.5

551.4

302.9

563.4

10,401.0

July
17.9

54.3

3,189.6

281.1

109.3

95.4

2,949.2

-

-

67.5

4.5

21.0

182.0

2,414.6

26.0

611.4

322.5

565.1

10,911.4

Aug
21.0

67.8

3,196.7

232.3

102.5

66.3

3,014.9

-

-

67.3

7.1

20.6

186.7

2,491.0

29.8

647.7

329.4

566.3

11,047.4

Sep
16.3

58.2

3,487.9

305.3

137.8

78.0

2,789.8

-

45.2

68.1

5.4

20.4

212.2

2,577.1

36.7

637.4

357.4

571.8

11,405.0

Oct
33.1

68.0

3,505.8

272.1

173.1

51.4

2,728.8

-

45.2

68.4

4.6

9.4

188.8

2,697.4

38.7

647.5

353.2

569.2

11,454.9

Nov
25.8

81.4

3,384.4

264.6

198.2

63.9

2,793.9

-

45.2

68.7

7.0

8.1

217.7

2,672.3

46.1

633.2

406.6

569.8

11,486.9

Dec
18.2

89.9

3,737.0

317.3

224.4

74.8

2,633.7

-

43.4

69.2

6.2

9.2

204.3

2,707.6

53.7

573.8

406.2

633.9

11,802.7

Jan
42.05

106.91

3,766.70

338.09

249.77

46.14

2,621.20

-

61.02

68.66

4.41

8.06

189.15

2,594.53

33.84

517.24

428.82

649.94

11,726.5

Feb
52.63

238.67

3,601.94

293.36

549.59

205.65

2,675.29

-

60.52

2.00

5.84

7.71

208.31

2,784.17

31.04

490.74

472.78

696.82

12,377.1

Mar
59.17

244.62

3,729.81

393.22

712.08

55.05

2,635.68

-

61.52

4.53

4.27

9.53

340.66

2,660.90

25.33

523.72

755.57

971.53

13,187.2

Apr
40.82

331.97

3,876.83

492.10

981.80

91.75

2,590.97

-

61.79

3.95

3.98

9.62

407.85

2,721.57

24.55

620.52

935.27

1,002.47

14,197.8

May
94.59

444.70

3,886.07

571.50

1,747.69

154.08

2,508.43

-

62.12

4.20

3.93

9.43

636.78

3,056.86

34.46

910.14

1,832.95

1,142.77

17,100.7

Source:Reserve Bank of Zimbabwe,2019
Notes
1.Government securities include treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households, other financial corporations,
TABLE 5.1: COMMERCIAL BANKS -ASSETS
ZWL$ millions
Debt Securities
Loans and Advances

ZWL$ millions
End of
Demand
Savings
Time Deposits
Total Deposits
Other Depository
Government
Total
Debt Securities Foreign Liabilities
RBZ
Other Depository Other Finacial
Capital
Contigent
Other
from the public
Corporations
Corporations
Corporations
and
Liablities
Liablities
TOTAL
Reserves

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Reserve Bank of Zimbabwe,2019
TABLE 5.2 : COMMERCIAL BANKS - LIABILITIES
Deposits
Amounts Owing to

Foreign
Other Assets
Non Financial
TOTAL
End of
Notes
Assets
Bond
&
Balances
Balances with
Balances
Other Claims
Notes &
Coin
with
Other Depository
with
on
Government1
Local Governemt
Public Enterprises
Other2
Mortgages
Government
Other
Coins
RBZ
Corporations
Foreign Banks
Non-residents
Securities
securities

Jan
2.4

7.0

109.6

157.7

4.3

-

123.7

20.8

-

-

389.1

-

406.1

106.3

124.4

1,451.4

Feb
1.2

7.3

69.3

155.6

7.4

-

162.0

20.1

-

-

394.4

-

410.1

109.0

124.2

1,460.4

Mar
1.6

3.1

35.5

177.2

4.0

-

164.2

18.7

-

-

404.4

-

413.0

102.8

124.2

1,448.6

Apr
0.7

3.6

73.4

173.3

9.8

-

158.6

17.8

-

-

392.5

-

432.3

109.7

125.1

1,496.8

May
0.9

3.9

81.5

152.3

10.8

-

168.2

20.3

-

-

394.4

-

451.1

105.9

126.1

1,515.4

Jun
0.3

3.7

65.9

208.8

9.8

-

165.3

19.0

-

-

387.6

-

452.9

109.6

126.0

1,548.8

Jul
0.4

3.9

105.8

164.6

9.2

-

168.4

17.2

-

-

391.9

-

451.9

110.9

127.3

1,551.5

Aug
0.4

3.1

142.8

152.0

3.9

-

186.7

16.3

-

-

409.3

-

465.5

104.7

127.2

1,611.9

Sep
0.6

1.8

108.4

117.0

6.7

-

193.0

16.1

-

-

412.7

-

475.2

113.4

130.1

1,574.8

Oct
0.6

1.1

145.7

110.0

14.8

-

193.9

15.4

-

-

420.7

-

493.6

149.9

130.4

1,676.0

Nov
0.7

0.9

138.8

128.4

8.7

-

193.6

18.8

-

-

420.9

-

489.0

160.4

133.0

1,693.3

Dec
1.0

2.6

170.6

134.3

9.1

-

195.1

26.8

-

-

402.3

-

516.8

163.2

135.5

1,757.3

Jan
0.9

2.3

197.4

98.7

7.8

-

129.8

34.5

-

-

413.2

-

508.7

144.9

136.1

1,674.3

Feb
1.5

1.8

172.4

123.5

5.5

-

141.3

33.5

-

-

414.8

-

507.9

125.7

135.7

1,663.6

Mar
1.4

3.4

175.9

72.1

14.1

-

212.6

32.8

-

-

411.4

-

539.4

142.8

132.3

1,738.2

Apr
1.1

4.3

185.5

61.9

3.6

-

184.4

32.0

-

-

413.3

-

582.7

141.6

135.2

1,745.7

May
1.0

7.6

196.3

138.2

8.1

-

191.0

30.9

-

-

415.0

-

608.4

128.1

137.4

1,862.0

June
1.2

4.9

188.6

177.8

1.9

-

266.2

30.1

-

-

413.9

-

614.3

124.0

141.5

1,964.5

July
1.8

6.6

207.1

185.1

1.7

-

283.2

33.3

-

-

423.5

-

636.1

128.2

141.1

2,047.7

Aug
1.6

3.7

224.7

145.3

2.4

-

288.9

32.2

-

-

428.2

-

579.4

139.1

143.7

1,989.2

Sep
1.9

2.9

245.6

92.6

20.8

-

291.1

31.2

-

-

430.3

-

650.2

148.1

144.4

2,059.1

Oct
4.9

2.1

220.0

95.8

11.9

-

318.9

30.2

-

-

427.7

-

639.8

154.2

147.0

2,052.5

Nov
3.6

2.9

243.3

35.7

10.4

-

320.7

28.9

-

-

433.5

-

635.7

148.0

145.8

2,008.5

Dec
2.3

4.3

157.4

121.3

10.4

-

339.4

28.0

-

-

444.8

-

645.9

179.7

151.9

2,085.6

Jan
6.3

4.6
108.2

63.5
10.9

-

343.8

27.3
33.6

-

438.0

-

649.3

136.7
151.2

1,973.3

Feb
5.4

17.6
120.6

62.8
18.1

-

339.6

26.5
-

-

416.1

-

696.1

171.1
156.7

2,030.8

Mar
2.6

18.0
126.3

38.6
23.9

-

331.7

25.5
-

-

415.1

-

710.1

172.1
207.4

2,071.2

Apr
3.7

30.6
220.3

85.0
47.6

-

271.6

25.0
-

-

414.1

-

705.0

169.0
276.2

2,247.8

May
3.9

38.4
162.2

115.4
139.0

-

345.5

23.9
-

-

406.2

-

776.6

165.7
363.4

2,540.1

Source:Reserve Bank of Zimbabwe,2019
Notes
1.Government securities include treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households, other financial corporations,
TABLE 6.1: BUILDING SOCIETIES -ASSETS
ZWL$ millions
Debt Securities
Loans and Advances

Debt Securities
Foreign Liabilities
Capital
Other
TOTAL
and
Liablities
End of
Savings
Time Deposits
Total Deposits
Other Depository
Government
Total
RBZ
Other Depository Other Finacial
Reserves
from the public
Corporations
Corporations
Corporations

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

June

July

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Reserve Bank of Zimbabwe,2019
Amounts Owing to
TABLE 6.2: BUILDING SOCIETIES -LIABILITIES
ZWL$ millions

AGRICULTURE
CONSTRUCTION
COMMUNICATION
DISTRIBUTION
FINANCIAL &
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS
CONGLOMERATES
TOTAL
END OF


INVESTMENTS
ORGANISATIONS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Reserve Bank of Zimbabwe,2019
/1 Including the only merchant bank still in operation.
TABLE 7.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES/1
ZWL$ ('000)

END OF
AGRICULTURE
CONSTRUCTION
COMMUNICATIONS
DISTRIBUTION
FINANCIAL &
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS
CONGLOMERATES
TOTAL
INVESTMENTS ORGANISATIONS

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source: Reserve Bank of Zimbabwe,2019
TABLE 7.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS
ZWL$ ('000)

End of
Nominal Lending
Rates 1
Individuals
Corporate

Jan
4.00-18.00
10.61
6.68
Feb
4.00-18.00
10.06
6.52
Mar
4.00-18.00
9.12
7.02
Apr
4.00-18.00
9.25
7.02
May
4.00-18.00
9.17
7.03
Jun
4.00-18.00
9.01
7.05
Jul
4.00-18.00
8.94
7.05
Aug
4.00-18.00
8.88
6.95
Sep
4.45-18.00
8.86
7.01
Oct
4.45-18.00
9.66
7.06
Nov
4.45-18.00
9.66
7.03
Dec
4.45-18.00
9.39
7.00

Jan
4.45-18.00
9.33
6.99
Feb
4.45-18.00
9.57
6.93
Mar
4.45-18.00
9.64
6.98
Apr
4.00-18.00
9.32
7.08
May
4.00-18.00
9.28
7.09
Jun
4.00-18.00
9.32
7.14
Jul
4.00-18.00
9.75
6.97
Aug
4.00-18.00
9.87
7.10
Sep
4.00-18.00
9.56
7.11
Oct
4.00-18.00
9.47
7.38
Nov
4.00-18.00
9.49
7.38
Dec
4.00-18.00
9.48
7.39

Jan
4.00-18.00
9.47
7.40
Feb
4.00-18.00
9.23
7.30
Mar
4.00-18.00
9.23
7.31
Apr
4.00-18.00
9.30
7.38
May
4.00-22.00
9.15
7.67
Source:Reserve Bank of Zimbabwe, 2019
TABLE 8.1: LENDING RATES (percent per annum)
Commercial Banks
Weighted Lending Rates

END OF
SAVINGS
3 MONTHS

Jan
0.50-6.00
1.00-17.00
Feb
0.50-6.00
1.00-17.00
Mar
0.50-6.00
1.00-17.00
Apr
0.50-6.00
1.00-17.00
May
0.50-6.00
1.00-9.50**
Jun
0.50-6.00
1.00-12.00
Jul
0.50-6.00
1.00-12.00
Aug
0.50-6.00
1.00-12.00
Sep
0.50-12.00
0.75-8.00
Oct
0.50-12.00
0.75-8.00
Nov
0.50-12.00
0.75-8.00
Dec
0.50-12.00
0.75-8.00

Jan
0.22-12.00
0.75-8.00
Feb
0.22-12.00
0.75-8.00
Mar
0.22-12.00
0.75-8.00
Apr
0.22-12.00
0.75-8.00
May
0.22-12.00
0.75-8.00
Jun
0.22-12.00
0.75-8.00
Jul
0.22-12.00
0.75-8.00
Aug
0.22-12.00
0.75-8.00
Sep
0.22-12.00
0.75-8.00
Oct
0.22-12.00
0.75-8.00
Nov
0.22-12.00
1.00-8.00
Dec
0.22-12.00
1.00-6.75

Jan
0.22-12.00
1.00-8.00
Feb
0.22-12.00
1.00-6.75
Mar
0.22-12.00
1.00-8.00
Apr
0.22-12.00
1.00-8.00
May
0.22-12.00
1.00-8.00
Source:Reserve Bank of Zimbabwe, 2019
TABLE 8.2 : BANK DEPOSIT RATES (percent per annum)
COMMERCIAL BANKS

ALCOHOLIC
BEVERAGES
CLOTHING
HOUSING,
WATER,
FURNITURE
HEALTH
TRANSPORT COMMUNICATION RECREATION
&
EDUCATION RESTAURANTS
&
MISC.
TOTAL NON
& TOBACCO
FOOTWEAR
ELECTRICTY,
GAS
AND
CULTURE
HOTELS
GOODS &
FOOD
& OTHER
EQUIPMENT
SERVICES
FUELS
WEIGHTS


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Zimstat, 2019
FOOD & NON
ALCOHOLIC
BEVERAGES
ALL
ITEMS
TABLE 9.1 : MONTHLY INFLATION - % CHANGE IN CONSUMER PRICE INDEX
(February 2019 = 100)

F OOD
IN F LA TION
A LC OHOLIC
C LOTHIN G
HOUS IN G,
WA TER ,
F UR N ITUR E
M IS C .
F OOD &
B EVER A GES
&
ELEC TR IC TY,
GA S
A N D
R EC R EA TION
&
R ES TA UR A N TS
&
GOOD S &
TOTA L N ON
N ON
A LC OHOLIC
A LL
& TOB A C C O
F OOTWEA R
& OTHER
EQUIP M EN T
C ULTUR E
HOTELS
S ER VIC ES
F OOD
B EVER A GES
ITEM S
F UELS
WEIGHTS


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Zimstat, 2019
TABLE 9.2 : YEARLY INFLATION - % CHANGE IN CONSUMER PRICE INDEX
(February 2019 = 100)
C OM M UN IC A TION
TR A N S P OR T
HEA LTH
ED UC A TION
N ON -F OOD IN F LA TION

End Period

Long-Term External Debt

Government

Bilateral Creditors

Multilateral Creditors

Private Creditors

Public Enterprises


Bilateral Creditors

1,155

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private


Short-Term External Debt
1,348
2,040
1,286


Supplier's Credits

Reserve Bank

1,300

Private


Total External Debt

Source: Ministry of Finance & Economic Development, 2019; & Reserve Bank of Zimbabwe, 2019
TABLE 10: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS)

USA
SOUTH
ARFICAN
BOTSWANA
JAPANESE
EURO
POUND
END OF
Dollar
RAND
PULA
YEN
STERLING

Mar

Apr

May

Source: Reserve Bank of Zimbabwe, 2019
1. ZWL$ dollars per one unit of foreign currency.
TABLE 11 : SELECTED INTERNATIONAL EXCHANGE RATES/1

Market Capitalisation
END OF
All Share*
ZWL$ millions

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Zimbabwe Stock Exchange ,2019
*All Share index was introduced in January 2018
Indices
TABLE 12: ZIMBABWE STOCK MARKET STATISTICS
Industrial
Market Turnover
ZWL$ million
Volume of Shares
Mining

END OF
ZETSS
CHEQUE
POS
ATM
MOBILE

INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Source:Reserve Bank of Zimbabwe, 2019
TABLE 13.1 : ZETSS AND RETAIL PAYMENTS
Values of Transactions (ZWL$ millions)

END OF
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan
350.0
26.7
12,756.3 1,173.6 27,550.1 191.0
Feb
326.3
27.8
8,952.0 953.5 26,820.1 207.0
Mar
414.2
31.0
11,124.0 922.2 35,604.1 244.1
Apr
363.7
21.6
13,595.5 652.9 40,089.0 231.0
May
531.8
27.8
16,623.4 820.6 47,019.1 323.3
Jun
525.0
29.3
17,466.2 696.9 53,738.1 342.1
Jul
521.8
30.0
20,013.7 636.1 61,162.4 382.6
Aug
541.5
26.6
20,303.0 595.6 70,771.6 419.1
Sep
620.0
27.2
20,731.0 478.0 83,303.0 432.0
Oct
609.6
27.2
23,764.6 475.1 92,540.6 478.9
Nov
575.3
25.6
22,748.6 347.3 97,945.2 473.0
Dec
524.2
19.2
26,779.1 347.2 118,198.9 524.8
Annual Total
5,903.4
320.1
214,857.4 8,099.0 754,742.1 4,248.84

Jan
548.1
22.7
20,981.2 449.6 100,593.9 501.8
Feb
457.2
22.5
18,869.0 292.2 89,584.3 463.8
Mar
545.2
23.7
21,996.8 268.4 116,120.0 510.5
Apr
505.5
17.4
21,170.0 253.6 117,616.8 457.0
May
611.1
21.2
23,278.2 213.2 137,423.0 496.6
Jun
553.6
22.5
23,790.0 175.2 156,609.8 502.2
Jul
560.2
20.1
25,075.5 223.1 169,416.8 559.6
Aug
553.0
15.1
25,249.9 317.4 164,918.0 518.7
Sep
543.0
19.4
24,918.0 300.8 161,289.5 511.3
Oct
571.6
20.4
21,025.4 345.5 161,427.4 496.0
Nov
477.4
16.7
17,845.4 334.9 133,862.1 430.6
Dec
478.6
13.0
27,419.1 236.2 161,540.7 409.1
Annual Total
6,404.4
234.6
271,618.6 3,410.1 1,670,402.1 5,857.13

Jan
401.5
12.2
40,613.8 232.6 135,481.1 413.4
Feb
456.5
16.4
27,811.2 226.8 119,081.1 463.6
Mar
525.9
15.4
30,417.6 248.9 142,597.8 441.0
Apr
535.0
13.7
32,092.5 168.8 157,348.3 390.1
May
642.6
14.7
15,542.6 121.4 331,764.3 494.3
Source:Reserve Bank of Zimbabwe, 2019
TABLE 13.2 : ZETSS AND RETAIL PAYMENTS
Volumes of Transactions (ZWL$ 000's)