[Date]


AUGUST 2015


i

MONTHLY ECONOMIC REVIEW
TABLE OF CONTENTS
SELECTED ECONOMIC INDICATORS 1
STOCK MARKET DEVELOPMENTS 2
MONETARY DEVELOPMENTS 3
INFLATION OUTTURN 4
Annual Inflation 4
Monthly Inflation 5
NATIONAL PAYMENTS SYSTEM 5
Zimbabwe Electronic Transfer Settlement System (ZETSS) 5
Card Based Transactions 5
Mobile and Internet Based Transactions 5
Cheque Transactions 5

MONTHLY ECONOMIC REVIEW

July

August
Month-on-
Month
Change
Z.S.E. Mining Index1
39.4
35.3
-10.4%
Z.S.E. Industrial Index1
145.4
135.5
-6.8%
Money Supply (US$)2
4 474.0 million
4 473.0 million
-0.02%
Money Supply (M3) Annual Growth2
5.9%
3.5%

Yearly Inflation3
-2.8%
-2.8%

Monthly Inflation3

0.1%


-0.3%


Nominal Lending Rate
5.0-25.0%
5.0-25.0%

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


MONTHLY ECONOMIC REVIEW

STOCK MARKET DEVELOPMENTS
Significant losses were recorded in global stock
markets during the month of August 2015. The losses
were largely due to the global market instability that
arose from investors’ perceived impending interest
rate increase by the United States Federal Reserve
Bank. The devaluation of the Chinese currency also
contributed to the market turmoil, as investors
perceived this move as a sign that the Chinese
economy was not growing as had been previously
anticipated.
Developments in the global stock markets also
weighed down the main African stock markets, over
the same period. Losses were recorded in Egypt
(11.5%), Kenya (3.8), South Africa (3.6%), and
Nigeria (1.6%).
Industrial and mining indices also declined on the
Zimbabwe Stock Exchange (ZSE), during the period
under review. The industrial index fell by 6.8%, from
145.35 points in July to 135.43 points in August 2015,
while the mining index declined by 10.2% to 35.34
points.


Trading volumes and values declined, despite the
launch of the ZSE’s Automated Trading System at the
beginning of July 2015. Volumes traded were 51.5%
lower at 76.2 million shares in August, compared to
157.2 million shares in July 2015.


Source: Zimbabwe Stock Exchange, 2015

30-Nov-12
28-Feb-13
31-May-13
31-Aug-13
30-Nov-13
28-Feb-14
31-May-14
31-Aug-14
30-Nov-14
28-Feb-15
31-May-15
31-Aug-15
Figure 1: ZSE Indices
Industrial
Mining

01-May-15
11-May-15
21-May-15
31-May-15
10-Jun-15
20-Jun-15
30-Jun-15
10-Jul-15
20-Jul-15
30-Jul-15
09-Aug-15
19-Aug-15
29-Aug-15
VALUES TRADED (US$ MILLIONS)
VOLUMES TRADED (MILLIONS)
Figure 2: ZSE: Daily Volumes and
Figure 2: ZSE: Daily Volumes and Values Traded
Values Traded
Volume
Turnover
Source: Zimbabwe Stock Exchange, 2015


MONTHLY ECONOMIC REVIEW

The developments described above resulted in a 6.8%
decline in the ZSE market capitalisation from
US$3.8 billion in July to US$3.6 billion in August
2015. On a year-on-year basis, investor value
declined by US$1.6 billion.
MONETARY DEVELOPMENTS

The annual broad money1 supply growth rate
decelerated from 5.9% in July 2015, to 3.5% in
August 2015. Monthly broad money supply growth
also declined from US$4 474 million in July to
US$4 473 million in August 2015.

Source: Reserve Bank of Zimbabwe, 2015

1 Broad money is made up of the consolidated deposits of the entire banking sector which amounted
to US$4.47 billion in July 2015. The process of consolidation entails netting off of all interbank
transactions, including intra-sectoral deposits. Broad money computation, also nets out
government and non-resident deposits.
Annual growth in broad money was driven by
increases across all deposit classes, with the
exception of short term deposits. Long term deposits
registered the largest annual growth of 17.6%, while
savings and demand deposits, recorded increases of
3.3% and 5.4%, respectively. Short term deposits,
however, declined by 16.9%.


Annual growth in total banking sector credit to the
domestic economy rose to 18.8% in August 2015,
from 18.5% in July 2015. On a monthly basis,
banking
sector
credit
rose
by
1%
to
US$5 029.1 million in August 2015, from
US$4 981.5 million in July 2015.
On an annual basis, growth in credit to the private
sector which makes up the largest proportion of
banking sector credit slowed down to 1.4% in August

-2


Feb
Apr
Jun
Aug
Oct
Dec
Feb
Apr
Jun
Aug
Oct
Dec
Feb
Apr
Jun
Aug
%
US$ BILLIONS
Figure 3: Money Supply
Figure 3: Money Supply
M3
M3 Annual Growth
Short
Term
15%
Long Term
22%
Demand
50%
Savings
13%Figure 4: Banking Sector Deposits
Figure 4: Banking Sector DepositsAugust 2015
August 2015
Source: Reserve Bank of Zimbabwe, 2015


MONTHLY ECONOMIC REVIEW

2015, from 1.9% in July 2015. On a month-on-month
basis, credit to the private sector also decelerated
from
US$3
772.8
million
in
July,
to
US$3 780.6 million in August 2015.
In terms of composition, loans and advances
constituted 83.3% of the total credit to the private
sector, mortgages advanced by building societies,
12.8%;
other
investments,
2.4%;
bankers’
acceptances, 0.3%; and bills discounted, 1.3%, in
August 2015.

Source: Reserve Bank of Zimbabwe, 2015
On a sectoral basis, credit was distributed as follows:
agriculture (20%); distribution (15.9%); services
including tourism (15.2%); manufacturing (14.2%);
mining (6.1%); transport and communications
(3.4%); and construction (1%). Credit to households
remained high at 19.7% of total credit to the private
sector in August 2015.
Credit to the private sector was mainly channelled
towards asset purchases, 43.7%; inventory build-up,
33.3%; consumer durables, 13.5%; and vehicle
purchases, 3.3%. The proportion of borrowed funds
utilised for capital development remained low at
4.8% of total loans and advances. In terms of
allocation, the procurement of plant and equipment,
land development and office equipment accounted for
3.3%, 1% and 0.5%, respectively, of total loans and
advances.
INFLATION OUTTURN

Annual Inflation
Year-on-year inflation for August 2015 remained
unchanged from the July 2015 rate of -2.77%, driven
by price decreases in both food and non-food
categories. Annual inflation has remained in the
negative since October 2015, due to the continued
downward correction in both food and non-food
prices.

Source: ZIMSTAT, 2015
The year-on-year food inflation stood at -3.59% in
August 2015, up from the -3.65% in July 2015. All
food inflation sub-categories fell in August 2015,
Loans & Advances
83.25%
Bills
Discounted
1.30%
Bankers
acceptances
0.32%
Other
investments
2.35%
Mortgages
12.77%Figure 5: Credit to Private Sector
Figure 5: Credit to Private SectorAugust 2015
August 2015


Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Figure 6: Annual Inflation
(%)
Headline Inflation
Food
Non Food


MONTHLY ECONOMIC REVIEW

with the largest declines recorded for bread and
cereals, meat, and vegetables.
Annual non-food inflation remained unchanged at
-2.4%, recorded in July 2015. Declines in housing,
water,
electricity,
gas
and
other
fuels;
communication; furniture, household equipment and
maintenance; transport and education continued to
drive year-on-year non-food inflation. The declines
were, however, partially offset by marginal increases
in alcoholic beverages and tobacco.

Monthly Inflation
The month-on-month inflation rate for August 2015
was -0.31%, shedding 0.36 percentage points from
the July 2015 rate of 0.06%. The decline was largely
on account of a decline in monthly non-food inflation.
Monthly non-food inflation decelerated from 0.47%
in July 2015 to -0.10% in August 2015, weighed
down by declines in alcoholic beverages and tobacco;
furniture, household equipment and maintenance;
recreation and culture and transport.
Month-on-month food inflation rose from -0.81% in
July 2015 to -0.75% in August 2015, largely driven
by the bread and cereals; meat; vegetables and milk,
cheese and eggs sub-categories, among others.
NATIONAL PAYMENTS SYSTEM

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

The value of transactions processed through the
RTGS system fell by 18% to US$3.3 billion in August
2015. Similarly, the volume of transactions also
registered a decrease of 23.1% from 199 101 to 153
133 during the same period.
Source: Reserve Bank of Zimbabwe, 2015
Card Based Transactions
Card
based
transactions
increased
from
US$487 million in July 2015, to US$506.6 million in
August 2015.

Mobile and Internet Based Transactions
The total value of mobile and internet based
transactions rose to US$524.80 in August, from
US$519.7 million in July 2015.

Cheque Transactions
The value of cheque transactions declined from
US$12.6 million in July 2015, to US$11.4 million in
August 2015.

RESERVE BANK OF ZIMBABWE
AUGUST 2015

Aug-12
Dec-12
Apr-13
Aug-13
Dec-13
Apr-14
Aug-14
Dec-14
Apr-15
Aug-15
-

VALUE IN US$ BILLIONS
VOLUME IN THOUSANDS
Figure 7: Z
Figure 7: ZETSS Volumes and Values
Values
Volume
Value

MONTHLY ECONOMIC REVIEW
Statistical Tables


1. 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 12

2.2 Sectoral Analysis of Commercial 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

7. Commercial Banks

7.1 Assets

7.2 Liabilities

MONTHLY ECONOMIC REVIEW

8. Merchant Banks

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

MONTHLY ECONOMIC REVIEW


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

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. Other Share Deposits

P O S B Time Deposits

M3


TABLE 1.1 : MONETARY AGGREGATES
US$ Thousands


MONTHLY ECONOMIC REVIEW

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 1.2 : BROAD MONEY SURVEY
US$ Thousands


MONTHLY ECONOMIC REVIEW

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

Claims on Public Enterprises

RBZ

DMBs

Agri-PEs

Other

OBIs

Claims on Private Sector

RBZ

DMBs

OBIs

OTHER ITEMS (NET)

BROAD MONEY (M3)

Broad Money (M3)

Domestic Credit

Claims on Private Sector

TABLE 1.3 : ANALYSIS OF MONTHLY CHANGES IN MONEY SUPPLY (M3)
US$ Thousands

MONTHLY ECONOMIC REVIEW

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

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


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

MONTHLY ECONOMIC REVIEW

AGRICULTURE
CONSTRUCTION
COMMUNICATION
DISTRIBUTION
FINANCIAL &
FINANCIAL
MANUFACTURING
MINING
SERVICES
TRANSPORT
INDIVIDUALS
CONGLOMERATE
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

/1 Including the only merchant bank still in operation.
TABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES/1
$ Thousands


MONTHLY ECONOMIC REVIEW

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

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER


JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

/1 Including the only merchant bank still in operation.
TABLE 2.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS
US$ Thousands


MONTHLY ECONOMIC REVIEW

End Pe rio d

( U S $ millio ns )
Lo ng - Te rm Ext e rnal D e b t

Go ve rnme nt

Bilateral Creditors


Multilateral Creditors

Private Creditors

Pub lic Ent e rp ris e s


Bilateral Creditors

1,155
Multilateral Creditors

Private Creditors

M o ne t ary A ut ho rit ie s

Multilateral Creditors - IMF

Privat e
16 2

6 7

4 1

4 5

3 5


S ho rt - Te rm Ext e rnal D e b t


Supplier's Credits

Reserve Bank

Private

1,807
To t al Ext e rnal D e b t

Gro s s D o me s t ic Pro d uc t

Ext e rnal D e b t / GD P

SOURCE: M inistry of Finance and Reserve Bank of Zimbabwe
TABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS)


MONTHLY ECONOMIC REVIEW

End Period
Nominal Lending Rates2
Individuals
Corporate

Jan
6.00-35.00
14.09
9.30
Feb
6.00-35.00
14.08
9.32
Mar
6.00-35.00
14.24
9.27
Apr
6.00-35.00
14.22
9.12
May
6.00-35.00
14.39
9.25
Jun
6.00-35.00
14.44
9.33
Jul
6.00-35.00
14.33
9.45
Aug
6.00-35.00
14.28
9.45
Sep
6.00-35.00
14.45
9.57
Oct
6.00-35.00
14.36
9.90
Nov
6.00-35.00
14.26
9.97
Dec
6.00-35.00
14.19
9.68

Jan
6.00-35.00
14.16
9.66
Feb
4.30-33.50
14.00
9.73
Mar
4.30-33.50
13.24
8.75
Apr
4.30-31.00
12.71
8.84
May
5.00-31.00
12.74
8.79
Jun
5.00-31.00
11.94
8.42
Jul
5.00-31.00
11.86
8.56
Aug
4.30-26.00
11.96
8.51
Notes
3. Lending rates exclude rates on staff loans.
TABLE 4.1 LENDING RATES (percent per annum)1
2. Nominal Lending Rates depict the range of rates quoted by banks.
Commercial Banks
Weighted Average Lending Rates 3
1. Table revised, to separate weighted lending rates for individuals and corporate bodies.


MONTHLY ECONOMIC REVIEW

END OF
SAVINGS
3 MONTHS

Jan
0.15-8.00
3.00-20.00
Feb
0.15-8.00
3.00-20.00
Mar
0.15-8.00
3.00-20.00
Apr
0.15-8.00
3.00-20.00
May
0.15-8.00
3.00-20.00
Jun
0.15-8.00
3.00-20.00
Jul
0.15-8.00
3.00-20.00
Aug
0.15-8.00
4.00-20.00
Sep
0.15-8.00
4.00-20.00
Oct
0.15-8.00
4.00-20.00
Nov
0.15-8.00
4.00-20.00
Dec
0.15-8.00
3.00-20.00

Jan
0.15-8.00
3.00-17.00
Feb
0.50-12.00
1.00-17.00
Mar
0.50-12.00
1.00-17.00
Apr
0.30-8.00
1.00-17.00
May
0.30-8.00
1.00-17.00
Jun
0.30-8.00
1.00-17.00
Jul
0.30-8.00
1.00-15.00
Aug
0.30-8.00
1.00-15.00
* The range of rates qouted by banks during the period.
TABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)*
COMMERCIAL BANKS


MONTHLY ECONOMIC REVIEW

FOOD INFLATION
ALL
ALCOHOLIC
B EVERAGES
CLOTHING
HS ING, WATER,
FURNITURE
HEALTH
TRANS PORT
COM M UNICATION
RECREATION &
EDUCATION
RES TAURANTS &
M IS C.
TOTAL NON
FOOD &
ITEM S
& TOB ACCO
FOOTWEAR
ELECTRICTY,
GAS
AND
CULTURE
HOTELS
GOODS &
FOOD
NON ALCOHOLIC
B EVERAGES
& OTHER
EQUIPM ENT
S ERVICES
FUELS
WEIGHTS


OCTOB ER

NOVEM B ER

DECEM B ER


JANUARY

FEB RUARY

M ARCH

APRIL

M AY

JUNE

JULY

AUGUS T

S EPTEM B ER

OCTOB ER

NOVEM B ER

DECEM B ER


JANUARY

FEB RUARY

M ARCH

APRIL

M AY

JUNE

JULY

AUGUS T

NON- FOOD INFLATION
TABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX
( DECEMBER 2012 = 100)


MONTHLY ECONOMIC REVIEW

FOOD
IN FLA TION
A LL
A LC OHOLIC
B EV ER A GES
C LOTHIN G
HS IN G,
WA TER ,
FU R N ITU R E
HEA LTH
TR A N S POR T
C OM M U N IC A
TION
R EC R EA TION
&
ED U C A TION
R ES TA U R A N
TS &
M IS C .
TOTA L N ON
FOOD &
ITEM S
& TOB A C C O
FOOTWEA R
ELEC TR IC TY ,
GA S
A N D
C U LTU R E
HOTELS
GOOD S &
FOOD
N ON
A LC OHOLIC
B EV ER A GES
& OTHER
EQU IPM EN T
S ER V IC ES
FU ELS
WEIGHTS

JA N U A R Y

FEB R U A R Y

M A R C H

A PR IL

M A Y

JU N E

JU LY

A U GU S T

S EPTEM B ER

OC TOB ER

N OV EM B ER

D EC EM B ER

JA N U A R Y

FEB R U A R Y

M A R C H

A PR IL

M A Y

JU N E

JU LY

A U GU S T

N ON - FOOD IN FLA TION
TABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \1
(DECEMBER 2012 = 100)


MONTHLY ECONOMIC REVIEW

1. Foreign currency per US Dollar.
2. US Dollar per unit of foreign currency.
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

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES


MONTHLY ECONOMIC REVIEW

Foreign
Loans &
Contigent
Other
Non Financial
TOTAL
End of
Notes
Total
Other Balances
Advnces
Assets
Assets
Assets
&
Balances
Balances
Balances
with RBZ
Bond
Coin
with
with Other
at
Trade
Treasury
Agric PEs
Coins
at Banks
RBZ
Banks
Foreign Banks
Bills
Bills

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Liquid Assets
TABLE 7.1: COMMERCIAL BANKS - ASSETS
Securities
US$ Millions


MONTHLY ECONOMIC REVIEW

Deposits
Capital
Contigent
Other
Total
Of which
and
Liablities
Liablities
Liabilities to the
End of
Demand
Savings and Short-term
Long-term
Total
Foreign Liabilities
RBZ
Other Banks
Reserves
Public

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

TABLE 7.2: COMMERCIAL BANKS - LIABILITIES
US$ Millions
Amounts Owing to


MONTHLY ECONOMIC REVIEW

Foreign
Loans &
Contigent
Other
Non Financial
TOTAL
End of
Notes
Total
Other Balances
Advnces
Assets
Assets
Assets
Bond
&
Balances
Balances
Balances
Liquid
with RBZ
Coins
Coin
with
with Other
at
Trade
Treasury
Agris Pes
Assets
at Banks
RBZ
Banks
Foreign Banks
Bills
Bills

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

US$ Millions
TABLE 8.1 : ACCEPTING HOUSES - ASSETS
Liquid Assets
Securities


MONTHLY ECONOMIC REVIEW

Of which
Deposits
Capital
Contigent
Other
Total
Liabilities to the
and
Liablities
Liablities
Public
End of
Demand
Savings and Short-term
Long-term
Total
Foreign Liabilities
RBZ
Other Banks
Reserves

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Amounts Owing to
TABLE 8.2 : ACCEPTING HOUSES - LIABILITIES
US$ Millions


MONTHLY ECONOMIC REVIEW

Foreign
Mortgage
Other
Other
Non Financial
TOTAL
End of
Notes
Total
Other Balances
Advances
Advances
Assets
Assets
&
Balances
Nostro
with RBZ/1
Bond
Coin
with Other
Balances
Trade
Treasury
Agris Pes
Coins
at Banks
Banks
Bills

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Liquid Assets
Securities
TABLE 9.1 : BUILDING SOCIETIES - ASSETS
US$ Millions


MONTHLY ECONOMIC REVIEW

Of which
Capital
Other
Total
Liabilities to the
and
Liabilities
Public
End of
Savings and Short-term
Long-term
Total
Foreign Liabilities
Other Banks
Reserves

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Deposits
TABLE 9.2 : BUILDING SOCIETIES - LIABILITIES
US$ Millions
Amounts Owing to


MONTHLY ECONOMIC REVIEW

Table 10: ZIMBABWE STOCK MARKET STATISTICS


Indices

Market
Capitalisation

Industrial
Mining
Market
Turnover(US$)
Volume of
Shares
US$ Millions

Jan

Feb

Mar

Apr

May

Jun

July

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug


MONTHLY ECONOMIC REVIEW

Commercial
Building
End of
Banks
P.O.S.B.
Societies
TOTAL

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

TABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS
US$ Millions


MONTHLY ECONOMIC REVIEW

1/ Comprises all deposits other than demand deposits.


1/ With effect from 1 August 2011, the prescribed liquid asset ratio was reviewed to 25% of liabilities to the public, from 20%.

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

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

US$ Millions
TABLE 12 : ANALYSIS OF LIQUID ASSETS OF MONETARY BANKS
Commercial Banks
Accepting Houses


MONTHLY ECONOMIC REVIEW

MONTH
ZETSS
CHEQUE
POS
ATM
MOBILE
INTERNET

Jan

Feb

Mar

Apr

May

Jun

Jul
3955.45
11.72
125.81

312.35
101.75
Aug

Sep

Oct

Nov

Dec

Annual Total


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

TABLE 13.1 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY
Values of Transactions (US$ millions)


MONTHLY ECONOMIC REVIEW

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)