i


FEBRUARY 2020

TABLE OF CONTENTS


Sources:
1. Zimbabwe National Statistics Agency.
2. Reserve Bank of Zimbabwe.
3. Zimbabwe Stock Exchange.
a- Percentage point

January

February

Month-on-
Month Change
(%)
Reserve Money (M0) (ZW$ millions)
9,251.02

9,380.94

1.4
Money Supply (M3)2 (ZW$ millions)
36,272.07

38,336.88
5.69
Monthly Inflation1 (%)
2.23
13.50
11.27a

National Payment System Transactions2
($ billions)
85.14
80.80
-5.10
Nominal Lending Rate2
(% per annum)
5.00-65.00
5.00-65.00
-
Z.S.E All share Index3
332.90
473.13
42.12
Z.S.E. Mining Index3
213.13
826.73
287.90
Z.S.E. Industrial Index3
773.41
1 564.98
102.35
SELECTED ECONOMIC INDICATORS

INTERNATIONAL COMMODITY PRICE
DEVELOPMENTS


International prices of platinum, nickel, copper,
and Brent crude oil retreated in February 2020.
Gold prices, however, firmed during the same
month.


Precious Metals
The average monthly price of gold recorded a
2.3% increase, from US$1,561.77 per ounce in
January 2020 to US$1,597.96 per ounce1 in
February 2020. This was on the back of an
increase in the appeal of the yellow metal as a
safe-haven asset, amid concerns about global
economic growth prospects.

Platinum prices recorded a month-on-month
decline, from US$989.77 per ounce in January
2020 to US$ 962.00 per ounce, during the month
under review. This was partly on account of
lower
demand
from
major
automobile
manufacturers such as South Korea’s Hyundai.
The
suspension
of
production
due
to
coronavirus concerns induced disruptions in
global supply chains. In addition, physical
demand for platinum eased in China and India,
the world’s top consumers of jewelry. Prices
were also weighed down by lower output from
South Africa, the world’s top platinum
producer, on account worries about power
availability and possible industrial actions in
mines.


1 1 troy ounce (oz) of gold is equivalent to 31.103 grams
Figure 1 shows developments in precious metal
prices for the period from January 2019 to
January 2020.


Figure 1: Precious metal prices (US$/oz.)
Source: Bloomberg, 2020

Base metals

During the month under analysis, average prices
of copper and nickel registered declines, on the
back of lower output and the decline in global
demand.

Nickel prices were weighed down by reduced
output from smelters, amid slackening demand
from automobile companies. The increase in
global stockpiles also contributed to lower
prices. Consequently, monthly average prices of
nickel declined from US$13,519 per tonne in
January 2020 to US$12,737.10 per tonne in
February 2020.

Likewise, monthly average prices of copper fell
from US$6,027.65 per tonne to US$5,687.46
per tonne, during the month under review.

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
US$/oz.
Gold
Platinum

Figure 2: Base metal prices (US$/ton)
Source: Bloomberg, 2020


Brent Crude Oil
Monthly average prices of Brent crude oil fell
by 12.9%, from US$63.77 per barrel2 in the
previous month to US$55.56 per barrel in
February 2020. The decline was partly
attributable to a slump in demand in China, the
world’s top oil importer. In addition, growing
fears about the coronavirus having a more
significant impact outside of China, particularly
in South Korea, Japan, Italy, and Iran also
exerted additional downward pressure on
demand.


2 1 barrel of oil is equivalent to 157.987 litres
Figure 3 shows developments in Brent crude oil
price for the period January 2018 to January
2020.
Figure 3: International crude oil prices
(US$/barrel)

Source: Bloomberg, 2020


MERCHANDISE TRADE
DEVELOPMENTS

Total Merchandise trade3 for February 2020
increased by 5.0% to US$ 820.0 million, from
US$781.4 million recorded in January 2020.
This followed a 18.7% increase in imports,
which more than offset the 8.3% decline in
exports, during the month under review
Merchandise Exports
Merchandise exports registered a month-onmonth decline of 8.3%, from US$ 397.7 million
in January 2020 to US$364.7 million in
February 2020. The decline was due to reduced
performance of mineral exports, mainly, gold;
nickel ores; and ferro-chromium concentrates.
3 Sum of exports and imports

Feb-19
Apr-19
Jun-19
Aug-19
Oct-19
Dec-19
Feb-20
Nickel US$/ton
Copper US$/ton
Copper
Nickel (RHS)

Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
US$/barrel

Gold exports fell by 45.8% to US$56.4 million
in February 2020, from US$104.1 million
realised in January 2020. Similarly, export
revenue from nickel ore and concentrates
decreased by 32.6% to US$31.3 million in
February 2020.
Figure 4: Merchandise Exports (US$ m)

Source: ZIMSTAT, 2020

On the up-side, the country recorded positive
export performance from nickel mattes and fluecure tobacco, with monthly gains of 71.7% and
41.6%, respectively. The two commodities
accounted for 52.1% of the total value of exports
in February 2020. While export performance in
February 2020 was not materially different from
the comparable period last year, going forward,
downside risks are expected to emanate from
increased volatility caused by the coronavirus
pandemic.
Table 1: Exports Classified by Harmonised
Commodity Description and Code System
Commodity
Jan-20
Feb-20
Share
of total
(%)
Flue-cured tobacco
74.8
106.0
29.0
Nickel mattes
48.9
84.0
23.0
Gold (semimanufactured gold)
104.1
56.4
15.5
Nickel ores and
concentrates
46.4
31.3
8.6
Ferro-chromium
24.0
14.2
3.9
Industrial
diamonds
8.9
8.9
2.4
Unwrought
Platinum
3.0
8.8
2.4
Cane Sugar
8.5
6.4
1.8
Coke and semi-coke
of coal
3.2
3.5
1.0
Chromium ores and
concentrates
3.2
1.9
0.5
Total
397.7
365.5
100.0
Source: ZIMSTAT & RBZ Calculations, 2020

The country’s top five export destinations
during the month of February 2020 were South
Africa, 62.6%; United Arab Emirates,13.4%;
Mozambique
8.2%;
Zambia,
1.3%;
and
Botswana, 1.0%, as shown in Figure 5.

Oct-18
Dec-18
Feb-19
Apr-19
Jun-19
Aug-19
Oct-19
Dec-19
Feb-20

Figure 5: Top Ten Merchandise Export
Destinations (% Share)
Source: ZIMSTAT & RBZ Calculations, 2020
Merchandise Imports
Merchandise imports increased to US$455.33
million in February 2020, from US$383.6
million recorded in January 2020. The surge in
imports was mainly attributed to the 147%
increase in maize imports, which rose from
US$23.6
million
in
January

to
US$58.6 million in the month under analysis.
Maize imports were necessitated by the poor
harvest, following the drought experienced by
the country in the 2019/2020 agriculture season.
Figure 6 shows developments in the country’s
merchandise imports for 2019 and 2020.

4 Fuels and electricity
Figure 6: Merchandise Imports classified by
HS Codes 2019 & 2020 (US$ m)

Source: ZIMSTAT & RBZ Computations, 2020
The growth in imports was also a result of
increased imports of energy4 and crude soya
bean oil. Energy imports accounted for 23% of
the value of total imports, during the month
under analysis. Imports of diesel stood at US$60
million; unleaded petrol, US$29.2 million;
electricity, US$17.0 million, accounting for
13.2%, 6.4% and 3.7% of total imports,
respectively. Crude soya bean oil imports,
increased by 17.0%, and accounted for 1.3% of
total imports, during the month under review.

Table 2 shows imports by commodity for the
months of January and February 2020.


South Africa
United Arab Emirates
Mozambique
Belgium
Kenya
Zambia
Botswana
Swaziland
Italy
Other


Table 2: Imports Classified by Harmonised
Commodity Description and Code System
Commodity
Jan 20
US$ m
Feb 20
US$ m
Share of
Total
Imports
(%)
Diesel
57.4
60.0
13.2
Maize
(Excluding
Seed)
23.6
58.6
12.9
Unleaded petrol
24.4
29.2
6.4
Electrical energy
13.1
17.0
3.7
Crude soya bean oil
5.1
5.9
1.3
Medicines
10.4
10.1
2.2
Rice
10.3
5.4
1.2
Insecticides
6.7
4.6
1.0
Motor vehicles
(for transporting goods)
2.6
3.3
0.7
Total
383.6
455.3

Source: ZIMSTAT & RBZ Calculations, 2020
The country’s imports for the month of February
2020 were mainly from South Africa (46.1%);
Singapore (18.5%); China (6%); India (3.8%);
and Mozambique (3.4%), as shown in Figure 7.
Figure 7: Top Ten Merchandise Import
Sources (% Share)

Source: ZIMSTAT & RBZ Calculations, 2020

Merchandise Trade Balance
The country’s trade balance reverted to negative
territory
in
February
2020,
after
four
consecutive months in surplus, from October
2019 to January 2020. The net external trade
position was a deficit of -US$90.6 million,
down from a surplus of US$14.1 recorded in
January 2020. Compared to the same period in
2019, the country’s trade position deteriorated
by US$32.0 million. This was mainly attributed
to the marked increase in imports of critical
commodities, which constituted the bulk of the
import basket.
Figure 8 shows the country’s trade balance for
the period February 2019 to February 2020.
Figure 8: Merchandise Trade Balance
(US$ m)

Source: ZIMSTAT & RBZ Computations, 2020

South Africa
Singapore
China
India
Mozambique
Mauritius
Mexico
United Republic of...
Zambia
United Kingdom

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Exports
Imports
Trade Balance

MONETARY DEVELOPMENTS5

Broad money consists of two components,
namely, domestic and foreign currency accounts
(FCA) deposits. Of the total stock of broad
money of ZW$38.34 billion as at end-February
2020, FCA deposits totalled an equivalent of
ZW$12.48 billion (32.55%) of total, while local
currency deposits amounted to ZW$24.91
billion (or 64.98%). Currency in circulation
constituted the balance of Z$0.95 billion
(2.48%).
Over the year to February 2020, FCA deposits
grew by 296.00%, largely reflecting the impact
of
exchange
rate
depreciation,
from
ZW$2.5/US$
in
February

to
ZW$17.96/US$ in February 2020. As a result,
about 40% of the annual growth in broad money
in February 2020 emanated from the valuation
adjustments due to exchange rate movements
and does not constitute new money creation.
The ZW$ denominated component of money
supply rose from ZW$8.7 billion in February
2019 to ZW$24.9 billion in February 2020,
partly reflecting the multiplier effects of deposit
creation in the economy and inflation.
Notes and coin in circulation rose by ZW$550.5
million, from ZW$473.8 million in February
2019 to ZW$1.04 billion in February 2020, in
line with the Bank’s drip-feed policy on the
release of new currency. The rise in notes and
coin in circulation is also in response to the
demand for money in the economy, for
transactions purposes. The figure below shows

5All monetary numbers valued in Zimbabwe dollars ($)
since the adoption of an interbank market determined
exchange rate in February 2019.
the components of money supply in the
economy.
Figure 9: Composition of Money Supply

Source: Reserve Bank of Zimbabwe, 2019
On an annual basis, broad money was largely
driven by increase in credit to the private sector,
which grew by 261.15%, coupled with increase
in credit to Government of 29.37%. Month-onmonth, credit to the private sector rose by
12.36%, from ZW$13.05 billion in January
2020 to ZW$14.66 billion in February 2020,
while net credit to Government declined from
ZW$12.72 billion in January to ZW$12.70
billion in February 2020. Government deposits
in the banking system rose 4.78%, from
ZW$3.95 billion in January 2020 to ZW$4.14
billion in February.

Credit to the private sector was extended largely
to
agriculture,
households,
financial
organisations, manufacturing, and distribution,
as shown in Figure 10.
Local
Currency
Transferable
deposits
58.57%
Foreign
Currency
Deposits
32.55%
Time
Deposits
Currency in
Circulation
2.48%
NCDs
0.68%

Figure 10: Distribution of Private Sector
Credit

Source: Reserve Bank of Zimbabwe, 2019
Credit to the private sector was utilised as
follows: inventory build-up, 35.08%; other
recurrent expenditures, 32.25%; fixed capital
investment,
18.67%;
consumer
durables,
11.84%; and pre and post shipment financing,
2.16%.

STOCK MARKET DEVELOPMENTS

During the month of February 2020, The
Zimbabwe
Stock
Exchange
(ZSE)
was
characterized by bullish sentiments as investors
flocked to the bourse, on the back of limited
investment options and high inflation.
The All Share and Top 10 indices increased by
42.12% and 27.57%, to close at 473.13 points
and 399.69 points, respectively.


Figure 11: Zimbabwe Stock Exchange All
Share and Top 10 Indices
Source: Zimbabwe Stock Exchange, 2019

On a month-on-month basis, the ZSE Small
Cap, Medium Cap and the Top 15 indices
registered monthly increases of 662.20 points;
282.35 points; and 101.32 points, to close at
1493.28 points; 638.23 points; and 409.42
points, respectively.
Mining and industrial indices rose by 481.81
points and 452.71 points to close at 826.73
points and 1 564.98 points, respectively, during
the month under analysis.
On an annual basis, mining and industrial
indices grew by 299.33% and 216.60%, from
207.03 points and 494.31 points registered in
February 2019, to close at 1 564.98 points and
826.73 points in February 2020, respectively.


Households
14.46%
Agriculture
35.37%
Mining
6.89%
Manufacturing
10.46%
Distribution
10.27%
Construction
1.24%
Transport &
Communica
tions
1.24%
Services
6.51%
Financial Org.
& Investments
13.53%
Other

28-Mar-19
28-Apr-19
28-May-19
28-Jun-19
28-Jul-19
28-Aug-19
28-Sep-19
28-Oct-19
28-Nov-19
28-Dec-19
28-Jan-20
28-Feb-20
Top 10 Index
All Share Index
All Share Index
Top 10 Index

Figure 12: Zimbabwe Stock Exchange
Indices
Source: Zimbabwe Stock Exchange, 2019
The volume of shares traded during the month
under review fell by 24.90% to 172.68 million
shares, from 179.56 million shares traded in the
previous month. The cumulative value of shares
traded, however, increased by 21.73% to close
at ZW$360.13 million, during the same month.
Figure 13: ZSE Monthly Volumes and Values
Traded

Source: Zimbabwe Stock Exchange, 2019

The ZSE gained ZW$17.56 billion, or 40.44%
of the previous month’s value to close at
ZW$60.99 billion, during the month under
review. On a year-on-year basis, the local
bourse capitalization increased by $41.21
billion, from Z$19.77 billion recorded in
February 2019.

INFLATION OUTTURN


Annual Inflation

The annual headline inflation stood at 540.2% in
February 2020, up from 473.3% recorded in
January 2020. This was on account of increases
in both food and non-food inflation.
Annual food inflation increased from 685.6% in
January 2020 to 710.3% in February 2020.
Annual non-food inflation also accelerated from
378.5% in January 2020 to 462.6%, during the
period under review.
The price increases were partly attributable to
the indexation of prices to alternative market
exchange rates for both imported and locally
produced goods.

Monthly Inflation

Month-on-month inflation rose to 13.5% in
February 2020, from 2.2% in January 2020. This
was underpinned by the acceleration in nonfood inflation, which rose from 2.1% in January
2020 to 18.4% in February 2020. Monthly food
inflation also increased from 2.6% in the
previous month to 6.8%, during the month under
review.

Mining Index Points
Industrial Inedx Points
Industrial
Mining

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Values Traded (ZW$ millions)
Volumes Traded (milions)
Volume
Turnover

Figure 14 shows the month-on-month inflation
developments, for the period from January 2019
to February 2020.
Figure 14: Month-on-Month Inflation (%)

Source: ZIMSTAT, 2019

NATIONAL PAYMENTS SYSTEM


Transactions processed through the National
Payment System (NPS) registered a decline of
5.2% in February 2020, to close at ZW$80.80
billion. NPS transaction volumes, however,
increased by 4%, from 85.14 million in January
2020 to 174.58 million in February 2020.

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

The total value of Real Time Gross Settlement
(RTGS) transactions registered a 13.0% decline,
to
close the month
under analysis
at
ZW$41.64 billion. Similarly, the volume of
transactions processed through the RTGS
system declined to 916,116 in February 2020,
from 943,296 transactions in January 2020.


Figure 15: ZETSS Volumes and Values

Source: Reserve Bank of Zimbabwe, 2019

Cash transactions

Cash transactions stood at ZW$1,361.94 million
in February 2020, up from ZW$1,109.68
million in January 2020.
Mobile and Internet Based Transactions
The value of Mobile and Internet based
transactions increased by 4.06% to ZW$32.23
billion in February 2020, from ZW$30.97
billion in January 2020.
Card Based Transactions
Card based transactions closed the month under
review at ZW$5.57 million, up from ZW$5.25
million in the preceding month.
Cheque Transactions
Cheque transactions increased from ZW$4.36
million in January 2020 to ZW$4.66 million in
February 2020.
MARCH 2020
RESERVE BANK OF ZIMBABWE

Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20


Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Value in ZW$ 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

Zimbabwe Stock Market Statistics

National Payments System Statistics


13.1 Values of Transactions

13.2 Volumes of Transactions

Merchandise Trade Statistics

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
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,2020
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 ($ '000)

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Net Foreign Assets
-4,676,973.98 -6,110,320.34 -6,759,543.60 -11,356,605.80 -14,602,968.79 -23,287,056.52 -27,352,064.33
-39,349,960.03 -46,395,160.21 -48,267,748.85 -50,285,843.15 -51,596,769.75 -51,659,786.89
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

of which USD Securities revaluations (Excha

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)
-2,658,437.58 -4,088,430.87 -4,793,733.84
-9,673,334.90 -13,022,965.26 -20,737,108.96 -25,788,352.03
-37,210,035.04 -43,812,534.88 -46,414,639.90 -54,669,718.18 -57,145,180.31 -58,322,160.20
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

Exess reserves

Private Deposits

Source: Reserve Bank of Zimbabwe,2020
TABLE 2: CENTRAL BANK SURVEY ($'000)

Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
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)

Domestic Claims

Net Claims on Central Government

Claims on Central Government

Securities

Loans

Other


-

-

-

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 the Central Bank

Currency

Reserves

Securities

Other Claims

Liabilities to the Central Bank

Other Items(Net)

Shares and Other Equity

Liabilities to other ressident sectors

Other Items(Net)

Deposits and Securities Included in Broad Mo

Deposits Included in Broad Money
9,796,911.59

9,999,066.93

10,698,817.40

12,307,411.86

14,024,153.85

16,316,355.79

18,607,561.81

22,546,030.38

27,593,648.82

29,819,025.32

32,968,794.78

34,202,472.63

36,052,337.44

Transferable Deposits
8,323,687.16

8,562,013.77

9,211,180.01

10,695,596.51

12,595,266.96

14,675,509.25

16,987,786.03

20,883,074.13

25,739,354.63

27,983,294.46

31,080,869.95

32,175,873.35

33,858,024.37

of which FCAs
1,190,521.05

1,417,836.22

1,753,489.14

3,031,536.97

3,887,787.41

4,049,120.88

5,737,719.98

9,859,484.27

11,155,597.09

11,472,035.58

11,938,732.84

12,458,349.93

12,476,934.91

Other Deposits

Money Market Instruments
71,792.12

74,503.10

90,813.24

139,439.93

171,667.83

168,169.20

202,928.98

219,889.50

205,671.08

235,117.26

243,976.57

255,563.69

260,055.92

Source:Reserve Bank of Zimbabwe,2020
TABLE 3 : OTHER DEPOSITORY CORPORATIONS SURVEY ( $ '000)

Foreign
TOTAL
End of
Notes
Bond
&
Balances
Balances with
Balances
Other Claims
Local
Other
Notes &
Coin
with
Other Depository
with
on
Government1
Governemt
Other2
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

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


Jun
126.3

882.2

4,518.6

560.2

2,383.0


Jul
232.4

968.8

5,605.6

370.4

3,738.0


Aug
184.4

1,150.4

7,956.5

527.8

3,904.2


Sep
124.5

2,108.5

9,128.1

874.0

5,678.3


Oct
144.3

1,906.0

11,613.0

2,511.0

7,644.9


Nov
128.8

2,243.1

11,417.7

2,236.3

8,417.4


Dec
169.8

2,526.2

13,994.1

1,254.7

8,415.7


Jan
183.4

3,176.6

13,217.3

1,073.2

8,142.0


Feb
267.1

3,136.4

13,817.0

1,504.5

8,642.5


Source:Reserve Bank of Zimbabwe,2020
Notes
1.Government securities includes treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households and other financial corporations.
Public
Enterprises
TABLE 4.1: OTHER DEPOSITORY CORPORATIONS -ASSETS
$ 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

Jan

Feb

Mar

Apr

May

June

July

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Source:Reserve Bank of Zimbabwe,2020
TABLE 4.2 : OTHER DEPOSITORY CORPORATIONS - LIABILITIES
Deposits
Amounts Owing to
$ 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
22.40

64.10

2,294.49

192.08

103.42

81.91

2,143.23

-

23.45

65.90

26.32

20.59

154.85

2,451.11

28.68

500.96

294.22

538.92

9,006.6

Feb
18.34

43.97

2,296.76

223.72

108.28

96.17

2,109.34

-

23.45

66.10

24.29

21.11

145.03

2,461.49

28.67

507.82

290.62

536.35

9,001.5

Mar
14.81

53.62

2,238.77

240.67

124.48

99.51

2,164.00

-

23.45

66.69

19.16

15.90

127.10

2,535.82

30.40

504.13

325.78

552.34

9,136.6

Apr
13.47

56.67

2,207.91

274.97

116.75

78.50

2,314.90

-

24.75

66.97

13.44

20.89

120.77

2,519.81

28.31

531.98

298.96

554.95

9,244.0

May
12.85

62.77

2,308.95

339.50

130.13

85.74

2,562.36

-

24.97

66.94

8.44

20.88

134.01

2,556.25

23.90

458.93

307.90

555.31

9,659.8

June
7.48

52.61

2,848.51

331.76

117.26

84.05

2,538.32

-

26.19

66.55

7.44

19.43

196.00

2,662.21

25.46

551.39

302.93

563.41

10,401.0

July
17.85

54.25

3,189.62

281.13

109.31

95.43

2,949.15

-

-

67.49

4.51

21.01

181.99

2,414.59

26.03

611.36

322.53

565.15

10,911.4

Aug
21.01

67.83

3,196.71

232.34

102.46

66.26

3,014.90

-

-

67.29

7.05

20.62

186.74

2,490.99

29.82

647.67

329.42

566.33

11,047.4

Sep
16.25

58.19

3,487.91

305.30

137.84

78.01

2,789.78

-

45.21

68.09

5.42

20.39

212.17

2,577.06

36.68

637.41

357.43

571.83

11,405.0

Oct
33.06

67.98

3,505.83

272.14

173.15

51.45

2,728.83

-

45.21

68.41

4.59

9.35

188.83

2,697.37

38.71

647.52

353.24

569.20

11,454.9

Nov
25.84

81.42

3,384.38

264.64

198.18

63.91

2,793.90

-

45.21

68.65

6.99

8.13

217.69

2,672.32

46.06

633.21

406.55

569.81

11,486.9

Dec
18.17

89.91

3,736.98

317.34

224.44

74.84

2,633.69

-

43.37

69.16

6.20

9.18

204.31

2,707.60

53.75

573.76

406.16

633.85

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

Jun
119.69

810.71

4,104.17

413.18

2,244.98

538.88

2,596.97

-

63.09

6.62

3.89

8.73

929.36

3,667.45

37.02

1,606.53

1,374.23

1,621.33

20,146.8

Jul
224.75

791.31

5,081.19

275.44

3,602.89

801.93

2,640.55

-

103.36

5.49

2.18

9.00

164.58

4,043.75

32.65

1,587.68

1,873.44

1,722.66

22,962.9

Aug
178.74

1,054.06

7,123.10

461.83

3,778.75

1,050.74

3,106.90

-

103.86

6.78

1.04

9.21

212.50

4,430.78

37.42

2,614.64

1,744.16

1,989.27

27,903.8

Sep
108.51

1,915.41

8,246.09

676.17

5,563.16

1,575.75

3,240.85

-

26.96

6.47

1.37

9.40

187.53

4,993.71

42.30

3,707.80

3,074.10

2,440.63

35,816.2

Oct
138.01

1,702.35

10,537.81

2,437.08

7,376.80

906.98

3,416.23

-

27.05

5.29

1.15

7.94

254.84

5,859.32

41.94

4,081.09

1,658.19

2,434.21

40,886.3

Nov
113.92

2,078.54

10,430.55

2,073.35

7,977.27

940.70

3,737.72

-

27.15

11.83

1.37

8.74

248.79

7,670.96

42.07

3,148.28

1,627.27

3,059.40

43,197.9

Dec
158.44

2,300.01

12,821.54

934.73

7,898.48

1,984.08

3,716.31

-

24.75

20.65

1.33

8.11

268.61

8,976.00

61.84

4,867.67

2,740.16

6,935.56

53,718.3

Jan
165.80

2,845.62

12,018.43

708.00

7,706.57

1,811.38

4,029.43

-

125.52

14.97

5.11

12.17

326.11

10,766.91

77.59

2,965.93

3,395.90

8,058.15

55,033.6

Feb
251.70

2,756.57

12,731.97

889.16

8,264.76

1,532.87

3,877.19

-

117.45

13.99

5.15

11.56

329.47

11,656.91

88.37

5,441.70

11,907.90

8,653.69

68,530.4

Source:Reserve Bank of Zimbabwe,2020
Notes
1.Government securities include treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households and other financial corporations,
TABLE 5.1: COMMERCIAL BANKS -ASSETS
$ 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

Source:Reserve Bank of Zimbabwe,2020
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

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

0.0
343.8

27.3
33.6

0.0
438.0

0.0
649.3

136.7
151.2

1973.3
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

Jun
6.3

69.8
361.6

144.5
132.4

-

265.8

22.6
-

-

421.7

-

873.6

210.5
473.0

2,981.8

Jul
6.5

174.7
473.9

89.7
131.1

-

258.3

22.2
-

-

416.0

-

934.6

203.1
565.6

3,275.8

Aug
5.5

94.5
758.0

60.6
115.5

-

247.4

21.5
-

-

418.1

-

970.6

345.1
567.6

3,604.2

Sep
15.8

180.3
831.8

195.4
104.2

-

267.6

20.9
-

-

499.1

-

1,137.6

528.8
1,042.2

4,823.6

Oct
6.2

198.7
997.2

72.2
243.7

-

268.8

20.2
-

-

429.8

-

1,286.7

503.4
1,069.3

5,096.2

Nov
11.9

156.1
872.3

159.7
426.0

-

338.6

19.6
-

-

443.5

-

1,357.4

575.8
1,068.7

5,429.6

Dec
9.2

223.9
1,016.9

317.4
492.3

-

308.3

18.2
-

-

454.5

-

1,413.5

700.6
1,470.0

6,424.9

Jan
16.3

322.3
1,106.8

361.8
421.8

-

283.0

20.1
-

-

478.2

-

1,498.8

717.5
1,552.8

6,779.5

Feb
14.5

368.2
977.2

612.5
370.5

-

357.1

20.1
-

1.5

503.6

-

2,097.7

735.9
1,538.8

7,597.4

Source:Reserve Bank of Zimbabwe,2020
Notes
1.Government securities include treasuary bills and bonds
2.Includes bankers acceptances, discounted bills and negotiable certificates of deposits.
3.Includes households and other financial corporations,
TABLE 6.1: BUILDING SOCIETIES -ASSETS
$ 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

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

June

July

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Source:Reserve Bank of Zimbabwe,2020
Amounts Owing to
TABLE 6.2: BUILDING SOCIETIES -LIABILITIES
$ millions

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


INVESTMENTS
ORGANISATIONS

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

Sep

Oct

Nov

Dec


Jan

Feb

Source:Reserve Bank of Zimbabwe,2020
/1 Including the only merchant bank still in operation.
TABLE 7.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES
$ ('000)

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

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

Sep

Oct

Nov

Dec


Jan

Feb

Source: Reserve Bank of Zimbabwe,2020
TABLE 7.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS
$ ('000)

End of
Nominal
Lending
Rates 1
Individuals
Corporate

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
9.31
7.33
Jun
4.00-22.00
9.15
7.67
Jul
4.00-35.00
9.54
8.40
Aug
5.00-55.00
14.37
18.43
Sep
5.00-65.00
14.64
19.81
Oct
5.00-65.00
15.59
19.66
Nov
5.00-65.00
15.06
18.00
Dec
5.00-65.00
16.08
18.31

Jan
5.00-65.00
16.56
17.20
Feb
5.00-65.00
16.92
16.68
Source:Reserve Bank of Zimbabwe, 2020
Notes
TABLE 8.1: LENDING RATES (percent per annum)
1. Nominal lending rates depict the range of rates quoted by banks.
Commercial Banks
Weighted Lending Rates

TABLE 8.2 : BANK DEPOSIT RATES (percent per annum)
END OF
SAVINGS
3 MONTHS

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
Jun
0.22-12.00
1.00-8.00
Jul
0.22-12.00
1.00-8.00
Aug
0.22-12.00
1.00-8.00
Sep
0.22-12.00
1.00-8.00
Oct
0.22-12.00
1.00-8.00
Nov
0.22-12.00
1.00-8.00
Dec
0.22-12.00
1.00-8.00

Jan
0.22-12.00
1.00-8.00
Feb
0.22-12.00
1.00-8.00
Source:Reserve Bank of Zimbabwe, 2020
* Deposit rates depict the range of rates qouted by banks.
**Banks have adjusted their costs of holding deposits following the
call by the RBZ to reduce lending rates.
COMMERCIAL BANKS

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


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

Sep

Oct

Nov

Dec


Jan

Feb

Source:Zimstat, 2020
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

Jun


Feb

Source:Zimstat, 2020
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

(US$ MILLIONS)
End Period

Est
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

2,463
Private


Total External Debt

Source: Ministry of Finance & Economic Development, 2019; & Reserve Bank of Zimbabwe, 2020
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

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Source: Reserve Bank of Zimbabwe, 2020
TABLE 11 : SELECTED INTERNATIONAL EXCHANGE RATES

Market Capitalisation
END OF
All Share*
ZWL$ millions

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

Sep

Oct

Nov

Dec


Jan

Feb

Source:Zimbabwe Stock Exchange, 2020
*All Share index was introduced in January, 2018
TABLE 12: ZIMBABWE STOCK MARKET STATISTICS
Industrial
Market Turnover
ZWL$ million
Volume of Shares
Mining
Indices

END OF
ZETSS
CHEQUE
POS
ATM
MOBILE

INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan
6,903.0
2.9 1,294.05
16.9 3,608.83 1,056.16
Feb
8,337.0
4.0 1,330.58
17.2 3,594.51 1,093.64
Mar
9,881.5
3.9 1,399.50
18.3 4,080.65 1,250.55
Apr
10,321.4
3.1 1,590.10
14.0 4,949.34 1,408.53
May
14,670.3
4.2 1,397.48
11.8 6,692.55 1,897.82
Jun
17,881.2
3.7 1,464.66
30.1 7,130.02 2,539.84
Jul
23,309.9
3.7 1,806.45
36.6 9,137.36 3,295.81
Aug
23,596.6
2.4 2,181.56
38.5 11,077.65 3,493.56
Sep
30,328.1
3.8 3,029.87
51.9 15,112.00 5,337.71
Oct
39,413.7
3.9 3,621.64
67.1 16,588.28 6,237.03
Nov
40,871.8
3.5 4,199.30
67.4 13,537.77 7,200.30
Dec
49,579.8
2.8 5,695.39
97.2 19,356.74 8,724.02

Jan
47,841.3
1.8 5,236.31
115.2 21,247.93 9,646.84
Feb
41,637.6
4.7
5,431.81

136.9 22,589.66 9,633.79
Source:Reserve Bank of Zimbabwe, 2020
TABLE 13.1 : ZETSS AND RETAIL PAYMENTS
Values of Transactions (ZWL$ millions)

END OF
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual Total
6,404.4
234.6
271,618.6 3,410.1 1,670,402.1 5,857.13

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Source:Reserve Bank of Zimbabwe, 2020
TABLE 13.2 : ZETSS AND RETAIL PAYMENTS
Volumes of Transactions (ZWL$ 000's)

END OF
EXPORTS
IMPORTS
TOTAL TRADE
TRADE BALANCE

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total


Jan

Feb

Source: ZIMSTAT, 2020
TABLE 14 : MERCHANDISE TRADE STATISTICS
(US$ millions)