MONTHLY ECONOMIC REVIEW
AUGUST 2013
Selected Economic Indicators

Stock Market Developments

Inflation

National Payments System

Statistical Tables

Monetary Developments

INSIDE THIS ISSUE:

PAGE
SELECTED ECONOMIC INDICATORS

July

August
Z.S.E. Mining Index1
66.77
48.73
Z.S.E. Industrial Index1
232.87
181.67
Money Supply (Total Bank Deposits) (US$)2
3.85 billion
3.80 billion
Money Supply (M3) Annual Growth2
4.26%
5.77%
Yearly Inflation3
1.25%
1.28%
Sources:
1 Zimbabwe Stock Exchange
2 Reserve Bank of Zimbabwe
3 ZIMSTAT


Month on
Month
Change


STOCK MARKET DEVELOPMENTS

In August 2013, the Zimbabwe Stock
Exchange (ZSE) succumbed to selling
pressure
as
investors
unwound
their
pre-elections positions. The largest losses
were recorded in Delta, African Sun, Zimre
Property Investments, and Mashonaland
Holdings.
As a consequence of the high selling
pressure, the volume of shares traded for
August was 409 million shares, 37.29%
higher than the 297.91 million shares traded
in July 2013. Over the same period, the value
of shares traded also rose by 24.46% to
US$54.18 million.
Between July and August 2013, the
industrial index declined by 21.99% to close
the period under review at 181.67 points. On
a year-to-date basis, the industrial index
gained 20.07%.

The mining index also fell by 27.02%, from
66.77 points in July to 48.73 points in
August 2013. On a year-to-date basis, the
mining index lost 26.49%.

Trading on the local bourse continued to be
dominated by foreign investors. Purchases
by foreign investors were recorded at
US$33.31 million in August 2013, against
US$18.44 million in July. Over the same
period, sales by foreign investors rose to
US$29.18 million from US$15.30 million.

2 3

2 4
Market capitalization declined by 23.13%,
from US$6 billion at the end of July to
US$4.62 billion at the close of August 2013,
largely driven by losses in industrial blue
chip counters.


MONETARY DEVELOPMENTS

After declining for the past 3 months, annual
broad money growth increased to 5.77% in
August 2013, from 4.26% in July. The
marginal recovery in annual broad money
largely reflected deposit maturities being
rolled over.

On a month on month basis, however, broad
money declined by 1.5% to US$3 796.24
million in August 2013, from US$3 854.92
million in July 2013. The month on month
decrease in broad money was on the back of
withdrawals on most deposit classes. Major
declines in deposits occurred at commercial
banks, which registered net outflows across
all deposit classes amounting to US$56.08
million, during the month of August 2013.
Annual growth in credit to the private sector
further declined by 0.71 percentage points,
from 13.55% in July to 12.84% in August
2013. On a month on month basis, credit to
the private sector registered a marginal
growth of 0.61% in August 2013, from US$3
671.82 million in July 2013 to US$3 694.33
million.


Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
US$ Billions
%
Money Supply
M3
M3 Annual Growth
2012 2013

3 5
The loan to deposit ratio rose to 97.32% in
August 2013, compared to 95.25% in July
2013, reflecting that credit to the private
sector continued to be driven by loans and
advances,
due
to
limited
financial
8.68%; bills discounted, 3.04%; bankers’
acceptances, 1.04%; and other investments,
1.56%.

Loans and advances were largely channeled
to
agriculture
(19.05%),
manufacturing
(17.12%) and distribution (15.99%) activities.
Households accounted for 16.55% of total
loans and advances to the private sector.

Credit to the private sector was mainly
utilized for asset purchases (41.23%) as well
as inventory build-up (34.74%). Loans and
advances utilized for fixed investment activity
have remained low, with the procurement of
plant and equipment accounting for 2.95%
and pre and post shipment financing at 2.21%,
of total loans and advances.


INFLATION DEVELOPMENTS

Annual Inflation

Inflationary
pressures
in
the
domestic
economy remain low against a background of
tight liquidity conditions, weak domestic demand, depressed economic activity and weakening of the South African rand against the
United States dollar.

Annual headline inflation increased somewhat
for the first time in 6 months, having
decelerated for the previous consecutive
months to July 2013. Annual inflation rose
from 1.25% in July 2013 to 1.28% in August
instruments in the Zimbabwean money
market. Domestic credit was also partly
sustained by offshore lines of credit, as the
local economy continued to face liquidity
constraints. The contribution of offshore
lines of credit in total credit to the private
sector, increased marginally, from 12.36%
in July 2013 to 12.40% in August 2013.

Advances to the private sector were made
up of loans and advances, 85.68%;
mortgages advanced by building societies,

2013, on account of increases in non-food
inflation. Non-food inflation surged from 1%
in July 2013 to 1.44% in August 2013.
Annual non-food inflation accelerated from
1% in July 2013 to 1.44% in August 2013,
following increases in the price of alcoholic
beverages and tobacco, transport, restaurants
and hotels and housing, water, electricity, gas
and other fuels.

Partly
offsetting
these
increases
were
decreases in the price of communication on
the back of stiff competition in the sector,
which led to massive sales promotions to the
benefit of the consumers.

Month-on-Month Inflation


Month-on-month inflation increased from
-0.38% in July 2013 to, -0.15% in August
2013, following increases in the prices of
both food and non food categories.

Monthly food prices gained 0.24 percentage
points to -0.9% in August 2013, from -1.14%
in July 2013, despite the decline in prices of
all other food and non-alcoholic beverages
sub-groups.

Monthly
food
inflation
soared,
notwithstanding declines in categories such
as vegetables, -2.58%; fruit, -1.72%; sugar,
jam, honey, chocolate and confectionery,
-0.91%; oils and fats, -0.85%; and milk,
cheese and eggs, -0.80%.

Annual food inflation declined to 0.94% in
August, down from 1.74% in July 2013,
largely due to falling prices of vegetables,
milk, cheese and eggs; sugar, jam, chocolate
and confectionery; and mineral waters, soft
drinks, fruit and vegetable juices, as a result
of improved supply of these items on the market.

Monthly non-food prices surged to 0.23% in
August 2013, from -0.004% in July 2013,
largely due to increases in the prices of
electricity, gas and other fuels, 0.79%;
recreational and cultural services, 0.08%; and
transport, 0.07%.

Inflation Outlook

Inflation developments in the domestic
economy, in the short to medium term, will
continue to be influenced by movements
international oil prices, price developments
in South Africa, world food prices, as well as
the level of domestic demand.

International food prices have, however,
been on the decline since the beginning of
2013. According to Food and Agriculture
Organisation (FAO), international cereals
price index decreased by 10,1% during the
period September 2012 to June 2013.

Domestically, the decline in international
food prices has resulted in falling inflation,
as prices of imported rice and wheat
declined.
The low agriculture output experienced in
2013 is, however, likely to result in an increase in the price of mealie meal, from the
last quarter of 2013 through to the end of first
quarter 2014.
NATIONAL
PAYMENTS
SYSTEM
DEVELOPMENTS

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

The value of transactions processed through
the RTGS system in August 2013 decreased
by 15% to US$3.35 billion from US$3.96
billion in July 2013. The volume of transactions also registered a decrease of 9%, from
205 854 to 187 747 over the same period.

Card Systems

The total value of card based transactions
rose by 2.23%, from US$334 million in July
to US$341.5 million in August 2013.
Mobile and Internet Based Transactions

The value of mobile and internet based
transactions also increased by 4.93%, from

US$303.20 million in July to US$318.16
million in August 2013.

Cheques
In
value
terms,
cheque
transactions
decreased from US$12.30 million in July
2013 to US$10.45 million in August 2013.


Reserve Bank of Zimbabwe
October 2013

STATISTICAL TABLES
CONTENTS

Table


. Monetary Statistics


1.1 Monetary Aggregates

1.2 Broad Money Survey

1.3 Analysis of Monthly Changes in Money Supply

1.4 Analysis of Yearly Changes in Money Supply

2. Sectoral Analysis of Bank Loans and Advances and Deposits


2.1 Sectoral Analysis of Commercial Banks Loans and Advances 15

2.2 Sectoral Analysis of Merchant Banks Loans and Advances

2.3 Sectoral Analysis of Merchant Acceptances

2.4 Sectoral Analysis of Commercial Banks Deposits

2.5 Sectoral Analysis of Merchant Banks Deposits

3. External Statistics


3.1 Total External Debt Outstanding by Debtor

4. Interest Rates


4.1 Lending Rates

4.2 Banks Deposit Rates

5. Inflation


5.1 Monthly Inflation

5.2 Yearly Inflation

6. Exchange Rates

STATISTICAL TABLES
CONTENTS

Table


. Commercial Banks


7.1 Assets

7.2 Liabilities

8. Accepting Houses


8.1 Assets

8.2 Liabilities

9. Building Societies


9.1 Assets

9.2 Liabilities

10. Zimbabwe Stock Exchange Statistics

11. Savings with Financial Institutions

12. Analysis of Liquid Assets of Monetary Banks

13. ZETSS, Cheques and Cards Activity


13.1 Values of Transactions

13.2 Volumes of Transactions

TABLE 1.1 : MONETARY AGGREGATES
US$ Thousands

August
September
October
November
December
January
February
March
April
May
June
July
August


RBZ Demand Deposits

Comm. Banks Dem. Deposits

Merchant Banks Dem. Deposits


M1


Comm. Banks Savings Deposits


Building Soc. Savings Deposits


P O S B Savings Deposits


Comm. Banks U-30 Day Deposits


Merchant Banks U-30 Day Deposits


Building Soc. U- 30 Day Deposits


M2


Comm. Banks O-30 Day Deposits


Merchant Banks O-30 Day Deposits


Building Soc. O- 30 Day Deposits


Building Soc. Class C Deposits
0.0


0.0
0.0
0.0


Building Soc. Other Share Deposits


P O S B Time Deposits


M3


TABLE 1.2 : BROAD MONEY SURVEY
US$ Thousands

AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST


NET FOREIGN ASSETS


Assets


Reserve Bank (RBZ)


Deposit Money Banks (DMBs)


Other Banking Institutions
(OBIs) \1


Liabilities \2


RBZ


DMBs


OBIs


NET DOMESTIC ASSETS


DOMESTIC CREDIT


Claims on Government (net)


RBZ


DMBs


OBIs


Claims on Public Enterprises


RBZ


DMBs


Agri-PEs


Other


OBIs


Claims on Private Sector


RBZ


DMBs


OBIs


OTHER ITEMS (NET)


BROAD MONEY (M3)


TABLE 1.3 : ANALYSIS OF MONTHLY CHANGES IN MONEY SUPPLY (M3)
US$ Thousands
1. Finance houses, building societies and P. O. S. B.
2. Sign reversal.
3. Net Domestic Assets consist of domestic credit and other items net.

AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
AUGUST


NET FOREIGN ASSETS


Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1


Liabilities \2

RBZ

DMBs

OBIs


NET DOMESTIC ASSETS \3

DOMESTIC CREDIT

Claims on Government (net)

RBZ

DMBs

OBIs

1,233.60


Claims on Public Enterpris

RBZ


DMBs

Agri-PEs


Other

OBIs


Claims on Private Sector

RBZ

DMBs

OBIs

OTHER ITEMS (NET)


BROAD MONEY (M3)

GROWTH RATES


Broad Money (M3)

Domestic Credit

Claims on Private Sector


JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY


NET FOREIGN ASSETS

Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs)
\1

Liabilities \2

RBZ

DMBs

OBIs

NET DOMESTIC ASSETS \3

DOMESTIC CREDIT


Claims on Government (net)

DMBs

OBIs


Claims on Public Enterprises

RBZ


DMBs

Agri-PEs


Other

OBIs


Claims on Private Sector

RBZ


DMBs

OBIs


OTHER ITEMS (NET)


BROAD MONEY (M3)


GROWTH RATES


Broad Money (M3)

Domestic Credit

Claims on Private Sector


AUGUST


39,844.3

206,938.3


5.8%
17.4%
12.8%


TABLE 1.4 : ANALYSIS OF YEARLY CHANGES IN MONEY SUPPLY (M3)


$ Thousands

TABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES


US$ Thousands


AGRICULTURE
CONSTRUCTION
COMMUNICATION
DISTRIBUTION
FINANCIAL
&
FINANCIAL
MANUFACTURING
MINING
SERVICES TRANSPORT
INDIVIDUALS
CONGLOMERATES/1
TOTAL
END OF


INVESTMENTS
ORGANISATIONS

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FREBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST

1. These are large corporation with business operations covering across a number of sectors.
TABLE 2.2 :SECTORAL ANALYSIS OF MERCHANT BANKS LOANS AND ADVANCES


US$ Thousands


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


INVESTMENT ORGANISATIONS

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST


TABLE 2.3 :SECTORAL ANALYSIS OF MERCHANT BANKS ACCEPTANCES


US$ Thousands


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


INVESTMENT ORGANISATIONS

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY


MARCH

APRIL

MAY

JUNE

JULY

AUGUST


TABLE 2.4 : SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS


US$ Thousands


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


INVESTMENTS
ORGANISATIONS

JANUARY

FEBRUARY

MARCH

263’552.7

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST


TABLE 2.5 : SECTORAL ANALYSIS OF MERCHANT BANKS DEPOSITS


US$ Thousands


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


INVESTMENTS
ORGANISATIONS

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST


TABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS BUT EXCLUDING PENALTIES)


End Period

(US$ millions)


Long-Term External Debt


6,101


Government


4,315
Bilateral Creditors


2,481
Multilateral Creditors


1,834
Private Creditors

Public Enterprises

1,139
Bilateral Creditors

Multilateral Creditors

Private Creditors

Monetary Authorities

Multilateral Creditors - IMF

Private

Short-Term External Debt

Supplier's Credits

Reserve Bank

Private

Total External Debt/1


7,160


Gross Domestic Product


8,865
External Debt / GDP

/1 Total external debt excludes penalties


SOURCE: Ministry of Finance and

TABLE 4.1 LENDING RATES (percent per annum)1

Commercial Banks
Merchant Banks


Weighted Average Lending
Rates3

Weighted Average Lending
Rates3


End Period
Nominal
Lending
Rates2
Individuals
Corporate
Nominal
Lending
Rates2
Individuals
Corporate

Jun


Jul


Aug


Sep


Oct


Nov


Dec


Jan


Feb


Mar


Apr


May


Jun


Jul


Aug


Notes


1. Table revised, to separate weighted lending rates for individuals and corporate bodies.

2. Nominal Lending Rates depict the range of rates quoted by banks.
3. Lending rates exclude rates on staff loans.

TABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)1


COMMERCIAL BANKS
ACCEPTING HOUSES


END OF
SAVINGS
3 MONTHS
3 MONTHS

APRIL
0.35-6.00
0.15-17.00
10.00-17.00
MAY
0.30-5.00
0.15-17.00
10.00-17.00
JUNE
0.15-5.00
0.15-17.00
10.00-17.00
JULY
0.15-5.00
0.10-17.00
10.00-17.00
AUGUST
0.15-5.00
0.10-17.00
11.00-17.00
SEPTEMBER
0.15-5.00
0.10-17.00
10.00-17.00
OCTOBER
0.15-5.00
0.10-17.00
10.00-17.00
NOVEMBER
0.15-5.00
0.10-17.00
10.00-17.00
DECEMBER
0.15-5.00
0.10-18.00
10.00-17.00


20122


JANUARY
0.15-5.00
5.00-18.00
10.00-17.00
FEBRUARY
0.15-5.00
5.00-18.00
10.00-17.00
MARCH
0.01-12.00
5.00-20.00
7.00-17.00
APRIL
0.00-12.00
5.00-20.00
8.00-17.00
MAY
0.00-12.00
5.00-20.00
6.00-17.00
JUNE
0.00-12.00
5.00-20.00
6.00-17.00
JULY
0.00-12.00
5.00-20.00
6.00-17.00
AUGUST
0.00-12.00
5.00-20.00
6.00-17.00
SEPTEMBER
0.00-12.00
5.00-20.00
6.00-17.00
OCTOBER
0.00-12.00
5.00-20.00
6.00-17.00
NOVEMBER
0.15-8.00
4.00-20.00
6.00-17.00
DECEMBER
0.15-8.00
4.00-20.00
6.00-17.00

JANUARY
0.15-8.00
4.00-20.00
6.00-17.00
FEBRUARY
0.15-8.00
4.00-20.00
6.00-17.00
MARCH
0.15-8.00
4.00-20.00
8.00-12.00
APRIL
0.15-8.00
4.00-20.00
8.00-12.00
MAY
0.15-8.00
4.00-20.00
6.00-17.00
JUNE
0.15-8.00
4.00-20.00
6.00-17.00


1.
The range of rates qouted by banks during the period.
2.
Three (3) months deposit rates revised to exclude rates on inactive or dormant
accounts.


JULY
0.15-8.00
3.00-20.00
6.00-17.00
AUGUST
0.15-8.00
3.00-20.00
6.00-17.00

TABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
( DECEMBER 2012 = 100)
1. Source: ZIMSTATS. To reflect changing expenditure
patterns, ZIMSTAT introduced a revised CPI basket and
rebased CPI figures to December 2012=100.

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC
BEVERAGES
CLOTHING
HSING,
WATER,
FURNITURE
HEALTH TRANSPORT
COMMUNICATION
RECREATION & EDUCATION
RESTAURANTS &
MISC.
TOTAL
NON
FOOD &
ITEMS

& TOBACCO
FOOTWEAR
ELECTRICTY,
GAS
AND


CULTURE

HOTELS
GOODS &
FOOD
NON
ALCOHOLIC
BEVERAGES


& OTHER
EQUIPMENT


SERVICES


FUELS


WEIGHTS


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST


TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
(DECEMBER 2012 = 100)
1. Source: ZIMSTATS. To reflect changing expenditure
patterns, ZIMSTAT introduced a revised CPI basket and
rebased CPI figures to December 2012=100.

NON-FOOD INFLATION
FOOD
INFLATION
ALL

ALCOHOLIC
BEVERAGES
CLOTHING
HSING,
WATER,
FURNITURE
HEALTH
TRANSPORT
COMMUNICATION
RECREATION &
EDUCATION
RESTAURANTS &
MISC.
TOTAL
NON
FOOD &
ITEMS

& TOBACCO
FOOTWEAR
ELECTRICTY, GAS
AND


CULTURE
HOTELS
GOODS &
FOOD
NON ALCOHOLIC
BEVERAGES


& OTHER
EQUIPMENT


SERVICES


FUELS


WEIGHTS


JANUARY

FEBRUARY

MARCH


APRIL

MAY

JUNE

JULY

AUGUST


TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES


SA
BW
JAPANESE
EUROPEAN
POUND
END OF
RAND/1
PULA/1
YEN/1
CURRENCY/2
STERLING/2

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

JUNE


1. Foreign currency per US Dollar.


2. US Dollar per unit of foreign currency.

MARCH

APRIL

MAY


JULY

AUGUST


TABLE 7.1: COMMERCIAL BANKS - ASSETS


US$ Millions


Liquid Assets


Securities


Loans & Contingent
Other
Non Financial
Total
End of
Notes


Total
Other Balances Advances
Assets
Assets
Assets
Assets

&
Balances
Balances
Balances


Liquid
with RBZ


Coin
with
with Other
at
Trade
Treasury Agric PEs
Assets


at Banks
RBZ
Banks
Foreign
Banks
Bills
Bills

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug 331.2

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr


May

Jun

Jul

Aug.


TABLE 7.2: COMMERCIAL BANKS - LIABILITIES
US$ Millions


Deposits


Amounts Owing to
Capital
Contingent
Other
Total
Of which


and
Liabilities Liabilities Liabilities Liabilities
to the
End of
Demand
Savings and
Short-term
Long-term
Total
Foreign
Liabilities
RBZ
Other Banks Reserves


Public


Deposits

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug


TABLE 8.1 : ACCEPTING HOUSES - ASSETS
US$ Millions


Liquid Assets


Loans & Contingent
Other
Non Financial
Total
End of
Notes


Total
Other
Balances Advances
Assets
Assets
Assets
Assets

&
Balances Balances Balances


Liquid
with RBZ


Coin
with
with Other
at
Trade
Treasury
Assets


at Banks
RBZ
Banks
Foreign
Banks
Bills
Bills

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug


TABLE 8.2 : ACCEPTING HOUSES - LIABILITIES
US$ Millions


Of which


Deposits


Amounts Owing to
Capital
Contingent
Other
Total
Liabilities to the


and
Liabilities
Liabilities
Liabilities
Public
End of Demand Savings and
Short-term
Long-term
Total
Foreign
Liabilities
RBZ
Other
Banks
Reserves


Deposits

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul


Aug


TABLE 9.1 : BUILDING SOCIETIES - ASSETS
US$ Millions


Liquid Assets


Notes
Balances
Trade
Treasury
Total
Mortgage
Other
Other
Non Financial
Total
End of
&
with Other
Bills
Bills
Liquid
Advances
Advances
Assets
Assets
Assets

Coin
Banks


Assets


at Banks

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Feb


Jan

Mar


Apr

May

Jun

Jul

Aug


TABLE 9.2 : BUILDING SOCIETIES - LIABILITIES
US$ Millions


Of which

Deposits
Capital
Other
Total
Liabilities to the


and
Liabilities
Liabilities
Public
End of
Savings and
Short-term
Long-term
Total
Reserves


Deposits

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

Jun

Jul

Aug


Table 10: ZIMBABWE STOCK MARKET STATISTICS


Indices
US$ Millions

Industrial
Mining
Market Capitalisation

Jan
138.52
79.09
3,422.20
Feb
146.03
95.39
3,696.60
Mar
136.76
85.01
3,458.10
Apr
129.55
97.15
3,303.40
May
132.03
83.73
3,351.20
Jun
131.96
75.70
3,341.46
Jul
132.92
112.12
3,445.93
Aug
132.27
89.04
3,434.00
Sep
146.00
96.00
3,822.80
Oct
154.47
93.66
4,033,76
Nov
150.16
68.74
3,890.9
Dec
152.40
65.12
3,963.50

Jan
179.34
84.07
4,700.33
Feb
182.3
72.01
4,748.24
Mar
183.88
66.21
4,726.34


Source: Zimbabwe Stock Exchange (ZSE)

Apr
189.66
71.98
4,894.68
May
212.72
73.99
5,471.22
Jun
211.19
73.29
5,436.57
Jul
232.87
66.77
5,9136.78
Aug
181.67
48.73
4,682.27

TABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS


US$ Millions


Commercial
Merchant

Building

End of
Banks
Banks
Other/2
Societies
TOTAL

January

February

March

April

May

June

July

August

September

October

November

December


January

February

March


1/ Comprises all deposits other than demand deposits.
2/ Includes People’s Own Savings Bank (POSB).


April

May

June

July

August


TABLE 12 : ANALYSIS OF LIQUID ASSETS OF MONETARY BANKS


US$ Millions


Commercial Banks
Accepting Houses


Liquid
Prescribed
Excess
Liquid
Prescribed
Excess

assets
liquid
liquid
assets
liquid
Liquid
End of
held
assets/1
assets
held
assets/1
assets

January

February

March

April

May

June

July

August

September

October

November

December


January

February

March

April

May


1/ With effect from 1 August 2010, the prescribed liquid asset ratio was reviewed from 10% to 20% of liabilities to the public.
June

July

August


TABLE 13.1 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY
Values of Transactions (US$ in millions)
MONTH
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual Total


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug


TABLE 13.2 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY
Volumes of Transactions (in thousands)
MONTH
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual Total


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

41.78