MONTHLY ECONOMIC REVIEW
SEPTEMBER 2013
Selected Economic Indicators

Stock Market Developments

Inflation

National Payments System

Statistical Tables

Monetary Developments

INSIDE THIS ISSUE:

PAGE
SELECTED ECONOMIC INDICATORS

August

September
Z.S.E. Mining Index1
48.73
49.90
Z.S.E. Industrial Index1
181.67
200.05
Money Supply (Total Bank Deposits) (US$)2
3.80 billion
3.91 billion
Money Supply (M3) Annual Growth2
5.77%
4.89%
Yearly Inflation3
1.28%
0.86%
Sources:
1 Zimbabwe Stock Exchange
2 Reserve Bank of Zimbabwe
3 ZIMSTAT


Month on
Month
Change


STOCK MARKET DEVELOPMENTS

The Zimbabwe Stock Exchange (ZSE) was
characterized by thin trading in September
2013, following losses that were registered in
August 2013. Activity on the ZSE was
mainly
limited
to
heavily
capitalized
counters.

As a result, the volume of shares traded for
September declined by 69.71%, from 409
million shares in August to 123.90 million
shares. Correspondingly, the value of shares
traded
also
decreased
by
30.45%
to
US$37.68 million.

Notwithstanding
the
subdued
trading,
however, the industrial index increased by
10.12%, to close the period under review at
200.05 points. On a year-to-date basis, the
industrial index gained 32.22%.

The mining index also registered an increase
of 2.40%, from 48.73 points in August to
49.90 points in September 2013. On a yearto-date basis, the mining index lost 24.72%.

Trading on the local bourse continued to be
dominated by foreign investors. Purchases
by foreign investors amounted to US$23.04
million in September 2013, compared to
US$33.31 million in August. Over the same
period, sales by foreign investors declined to
US$16.83 million, from US$29.18 million.


Values Traded (US$ Millions)
Volumes Traded (Millions)
ZSE: Daily Volumes and Values Traded
Volume
Turnover

29-Feb-12
29-Mar-12
29-Apr-12
29-May-12
29-Jun-12
29-Jul-12
29-Aug-12
29-Sep-12
29-Oct-12
29-Nov-12
29-Dec-12
29-Jan-13
01-Mar-13
01-Apr-13
01-May-13
01-Jun-13
01-Jul-13
01-Aug-13
01-Sep-13
ZSE Indices
Industrial
Mining

2 4
Market capitalization recovered to US$5.16
billion at the end of September, from
US$4.62 billion at the close of August 2013,
largely driven by gains in industrial blue chip
counters.


MONETARY DEVELOPMENTS

Annual broad money growth declined from
5.77% in August 2013 to 4.89% in
September 2013.

On a month on month basis, money supply
recorded
an
increase
of
3.01%
to
US$3 910.66 million in September 2013,
from US$3 796.24 million in August. The
month on month increase in broad money
was largely due to inflows of US$87.83 million at commercial banks.

Annual growth in credit to the private
sector, further declined by 1.88 percentage
points, from 12.84% in August to 10.96% in
September. On a month on month basis,
credit to the private sector, however, grew
by
0.64%
in
September
2013,
from
US$3 694.33 million in August 2013 to
US$3 717.87 million. As a result, the loan to
deposit
ratio
declined
to
95.07%
in
September 2013, compared to 97.32% in
August 2013.

Claims on the private sector were made up of
loans and advances, 84.91%; mortgages


Apr Jun Aug Oct Dec Feb Apr Jun Aug
US$ Billions
%
Money Supply
M3
M3 Annual Growth
2012 2013
Under 30day 21.2%
Longterm
13.9%
Demand
52.8%
Savings
12.2%
Banking Sector Deposits
September 2013

3 5
advanced by building societies, 9.51%; bills
discounted, 2.80%; bankers’ acceptances,
0.97%; and other investments, 1.82%.
accounting for 3.04% and pre and post
shipment financing at 1.77%, of total loans
and advances.


INFLATION DEVELOPMENTS

Annual Inflation

The combined effect of depressed economic
activity, tight liquidity conditions, low
effective demand and a weak rand continues
to dampen inflation pressures in the economy.

Reflecting suppressed inflation pressures in
the economy, annual headline inflation
The outstanding loans and advances were in
respect of the manufacturing (16.71%),
agriculture
(18.38%)
and
distribution
(16.72%) activities. Households accounted
for 17.77% of total loans and advances to
the private sector.

Credit to the private sector was mainly
utilized for asset purchases (42.26%) as well
as inventory build-up (34.22%). Loans and
advances utilized for fixed investment
activity have remained low, with the
procurement
of
plant
and
equipment
Loans
and
Advances
85%
Bills
Discounte
d
3%
Bankers
Acceptan
ces
1%
Mortgage
s
9%
Other
Investmen
ts
2%
Credit to Private Sector
Total credit to the private sector as at the end of
September 2013 was US$3 717.9million.
-1

Sep-11
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Annual Inflation
(%)
Headline Inflation
Food
Non Food

declined to 0.86% in September, from 1.28%
in August 2013. The decline was largely
explained by a 0.32% fall in food prices,
against a 1.45% increase in non-food prices.

Annual food inflation fell to -0.32% in
September, from 0.94% in August 2013,
following decreases in prices of vegetables;
mineral water and soft drinks; sugar, jam,
honey and chocolate; as well as meat.

The
decline
in
the
prices
of
the
above-mentioned products, in large part,
emanated from improved supply, as capacity
utilization of some food processing firms
continued to improve.

Partly offsetting the decreases were increases
in the prices of bread and cereals, fish and sea
food, and oils and fats.

Annual non-food inflation stood at 1.45% in
September, up from 1.44% in August 2013.
This followed increases in prices of alcoholic
beverages and tobacco, transport, education,
and housing, water, electricity, gas and other
fuels.

Month-on-Month Inflation


Month-on-month inflation increased from
-0.15% in August 2013, to 0.05% in
September 2013, largely on the back of food
inflation.
Monthly
food
inflation
gained
0.72
percentage points to -0.18% in September
2013, from -0.9% in August 2013. This was
largely driven by increases in the prices of
sugar,
jam,
honey
chocolate
and
confectionary; oils and fats; bread and
cereals
and
milk,
cheese
and
eggs,
sub-categories.

Monthly non-food prices fell to 0.17% in
September 2013, from 0.23% in August
2013, largely on account of declines in
health, 0.22%; recreation and culture, 0.07%;
and communication, 0.01%.


Inflation Outlook

Inflation is expected to remain low, in the
short to medium term, on the back of stable
international oil prices, and the weakening
US$/rand exchange rate.


NATIONAL
PAYMENTS
SYSTEM
DEVELOPMENTS

Zimbabwe Electronic Transfer Settlement
System (ZETSS)

The value of transactions processed through
the RTGS system in September 2013
increased by 2% to US$3.409 billion, from
US$3.351 billion in August 2013, while the
volume of transactions also registered an

increase of 7%, from 187 747 to 201 226 in
the same period.

Card Systems

The total value of card based transactions
declined by 8.96%, from US$341.46 million
in August to US$310.85 million in September
2013.
Mobile and Internet Based Transactions

The value of mobile and internet based
transactions also decreased marginally by
0.85%, from US$318.16 million in August to
US$315.45 million in September 2013.

Cheques
In
value
terms,
cheque
transactions
increased from US$10.45 million in August
2013 to US$13.34 million in September 2013.


Reserve Bank of Zimbabwe
October 2013


Sep-11
Dec-11
Mar-12
Jun-12
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Value in US$ Billions
Volume in Thousands
ZETSS Volumes and Values
Value
Volume

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

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


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


Building Soc. Other Share Deposits


P O S B Time Deposits


M3


TABLE 1.2 : BROAD MONEY SURVEY
US$ Thousands

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


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.

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


NET FOREIGN ASSETS


Assets

Reserve Bank (RBZ)

Deposit Money Banks (DMBs)

Other Banking Institutions (OBIs) \1
2,731.30
3,891.00
7,861.20


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
-4,772.80
-4,773.80
-4,774.80


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


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


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


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

SEPTEMBER

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


SEPTEMBER


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

SEPTEMBER


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

SEPTEMBER


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

SEPTEMBER


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
Reserve Bank of Zimbabwe

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.


Sep


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


COMMERCIAL BANKS
ACCEPTING HOUSES


END OF
SAVINGS
3 MONTHS
3 MONTHS

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
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
SEPTEMBER
0.15-8.00
3.00-20.00
11.00-12.00


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.

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

SEPTEMBER


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

SEPTEMBER


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

SEPTEMBER


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.

Sep


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


Sep


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

Nov

Dec


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep


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

Sep


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

Sep


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


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
Sep
200.05
49.90
5,157.20

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

September


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

September


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


Sep


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


Sep

44.48