| {"doc_id": "0363f801761085d2fe9e85ab1940b6bb", "text": "[Date] \n \n \n \n \nJULY 2016 \n \n \ni \n \nMONTHLY ECONOMIC REVIEW \nTABLE OF CONTENTS \nSELECTED ECONOMIC INDICATORS ________________________________________ 1 \nSTOCK MARKET DEVELOPMENTS __________________________________________ 2 \nMONETARY DEVELOPMENTS ______________________________________________ 3 \nINFLATION OUTTURN ______________________________________________________ 4 \nAnnual Inflation __________________________________________________________________ 4 \nMonthly Inflation _________________________________________________________________ 5 \nNATIONAL PAYMENTS SYSTEM ____________________________________________ 5 \nZimbabwe Electronic Transfer Settlement System (ZETSS) ______________________________ 5 \nCash Transactions _________________________________________________________________ 6 \nMobile and Internet Based Transactions ______________________________________________ 6 \nCard Based Transactions ___________________________________________________________ 6 \nCheque Transactions ______________________________________________________________ 6 \n \n \n \n \n \n \n \n1 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n2016 \nJune \n2016 \nJuly \nMonth-on- \nMonth \nChange \nZ.S.E. Mining Index1 \n24.7 \n25.7 \n4.05% \nZ.S.E. Industrial Index1 \n101.0 \n98.8 \n-2.18% \nNational Payment System Transactions \n(US$ millions) \n6 948.8 \n6 319.33 \n-9.06% \nMoney Supply (US$ millions)2 \n5 140.7 \n5 138.0 \n-0.05% \nMoney Supply (M3) Annual Growth2 (%) \n13.13 \n14.84 \n \nYearly Inflation3 (%) \n-1.4 \n-1.6 \n \nMonthly Inflation3 (%) \n0.19 \n-0.19 \n \nNominal Lending Rate2 (% per annum) \n4.0-18.0 \n4.0-18.0 \n \nSources: \n1 Zimbabwe Stock Exchange (ZSE) \n2 Reserve Bank of Zimbabwe (RBZ) \n3 Zimbabwe National Statistics Agency (ZIMSTAT) \nSELECTED ECONOMIC INDICATORS \n \n \nMONTHLY ECONOMIC REVIEW \n2 \n \nSTOCK MARKET DEVELOPMENTS \n \nMajor stock markets in the USA, Europe and \nAsia recorded gains during the month of July \n2016. In Africa, trading was largely bullish in \nmajor stock markets during the same month. \nIncreases were recorded in Egypt, 14.3%; \nMorocco, 3.8%; South Africa, 3.3%; Kenya, \n1.3%; and Tunisia, 0.9%. Losses were, however, \nrecorded in Nigeria, -0.2%. \n \nThe Zimbabwe Stock Exchange (ZSE) was \nbearish during the period under review. This \nfollowed the adverse impact of liquidity \nconstraints, coupled with the El Nino induced \ndrought, which have resulted in subdued \neconomic activity. \n \nConsequently, the mainstream index declined by \n2.18%, to close at 98.84 points in July 2016. The \nresources index, however, increased by 4.05% to \nclose at 25.72 points in July 2016, from 24.70 \npoints in June 2016. \n \n \nThe volume of shares traded at the ZSE fell by \n35.36%, from 88 525 472 shares recorded in the \npreceding month to 57 222 624 shares in July \n2016. \n \nMarket turnover registered a 34.44% decline, \nfrom US$18.06 million in June 2016 to \nUS$11.84 million in July 2016. This partly \nreflected thin trading on the ZSE due to bearish \ninvestor sentiment. \n \nForeign investors remained skeptical about \nZimbabwe’s investment climate and this resulted \nin \nsignificant \ndisinvestments \nin \nheavily \ncapitalised counters. In consequence, net foreign \ncapital outflows increased from US$4.5 million \nin June 2016, to US$5.2 million in July 2016. \n \n \nSource: Zimbabwe Stock Exchange, 2016 \nMarket capitalisation fell by 0.36%, from \nUS$2.78 billion in the previous month to \nUS$2.77 billion in July 2016, on account of \n0\n20\n40\n60\n80\n100\n120\n140\n160\n31-Jul-15\n31-Aug-15\n30-Sep-15\n31-Oct-15\n30-Nov-15\n31-Dec-15\n31-Jan-16\n29-Feb-16\n31-Mar-16\n30-Apr-16\n31-May-16\n30-Jun-16\n31-Jul-16\nFigure 1: ZSE Indices\nIndustrial\nMining\n0.00\n5.00\n10.00\n15.00\n20.00\n25.00\n0.00\n50.00\n100.00\n150.00\n200.00\n250.00\n300.00\nJun-15\nJul-15\nAug-15\nSep-15\nOct-15\nNov-15\nDec-15\nJan-16\nFeb-16\nMar-16\nApr-16\nMay-16\nJun-16\nJul-16\nVALUES TRADED (US$ MILLIONS)\nVOLUMES TRADED (MILLIONS)\nFigure 2: ZSE: Monthly Volumes \nFigure 2: ZSE: Monthly Volumes and Values Tra\nand Values Traded\nVolume\nTurnover\nSource: Zimbabwe Stock Exchange, 2016 \n \n \nMONTHLY ECONOMIC REVIEW \n3 \n \nlosses in the mainstream index. Cumulatively, \nthe market lost US$1.1 billion during the period \nend July 2015 to end July 2016. \nMONETARY DEVELOPMENTS \n \nThe annual broad money supply growth rate \nincreased by 1.71 percentage points to 14.84% in \nJuly 2016, from 13.13% in June 2016. Growth in \nmoney supply was partly underpinned by \ntobacco related foreign exchange inflows. As at \nend July 2016, US$558.41 million had been \nrealised from the sale of 190.05 million \nkilograms of tobacco. \n \n \nSource: Reserve Bank of Zimbabwe, 2016 \nAnnual growth in money supply was on the back \nof increases in demand and savings deposits \nwhich stood at 31.96% and 25.95%, respectively. \nPartially offsetting these increases were declines \nof 15.21% and 4.40% in under 30-days and over \n30-days deposits, respectively. \n \nIn terms of proportions, demand deposits \nconstituted 53.8% of total deposits; followed by \nover 30-days deposits, 19.4%; under 30-days \ndeposits, 14.3%; and savings deposits, 12.5%. \n \nOn a month-on-month basis, broad money supply \ndeclined by 0.05%, from US$5 140.7 million in \nJune 2016 to close the month of July 2016 at \nUS$5 138.0 million. \n \n \nBanking sector credit recorded a 15.2% annual \nincrease, from US$4 999.4 million in July 2015 \nto US$5 759.4 million in July 2016. \n \nMonthly credit to the private sector decreased by \n2.3%, from US$3 571.6 million in June 2016 to \nUS$3 488.30 in July 2016. Banks continued to \n-2\n0\n2\n4\n6\n8\n10\n12\n14\n16\n18\n -\n 1.0\n 2.0\n 3.0\n 4.0\n 5.0\n 6.0\nOct-13\nJan-14\nApr-14\nJul-14\nOct-14\nJan-15\nApr-15\nJul-15\nOct-15\nJan-16\nApr-16\nJul-16\n%\nUS$ BILLIONS\nFigure 3: Money Supply\nFigure 3: Money Supply\nM3\nM3 Annual Growth rate\nUnder 30 \nDays\n12.5%\nOver 30 \nDays\n19.4%\nDemand\n53.8%\nsavings\n14.3%Figure 4: Bankin\nFigure 4: Banking Sector Deposits July 2016\nDeposits July 2016\nSource: Reserve Bank of Zimbabwe, 2016 \n \n \nMONTHLY ECONOMIC REVIEW \n4 \n \nreduce lending due to the difficult economic \nenvironment and high levels of non-performing \nloans. \n \nIn proportions, credit to the private sector was in \nthe form of loans and advances, 86.1%; \nmortgages, 9.8%; other investments, 3.8%; \nbankers’ \nacceptances, \n0.3%; \nand \nbills \ndiscounted, 0.1%. \n \nSource: Reserve Bank of Zimbabwe, 2016 \n \nDuring the period under review, outstanding \ncredit to the private sector was distributed as \nfollows: households, 24.4%; agriculture, 18.7%; \nservices, \n18.3%; \nmanufacturing, \n15.8%; \ndistribution, 10.8%; mining, 5.3%; financial \norganisations and investments, 2.8%; transport \nand communications, 2.0%; construction, 1.6%; \nand other, 0.4%. \nThe credit was utilised as follows: working \ncapital, 34.3%; inventory build-up, 32.7%; \nconsumer \ndurables, \n16.0%; \nfixed \ncapital \ninvestment, 15.3%; and pre and post shipment \nfinancing, 1.8%. \nINFLATION OUTTURN \n \nAnnual Inflation \n \nAnnual headline inflation stood at -1.6% in \nJuly 2016, representing a deceleration of \n0.2 percentage points from the June 2016 rate of \n-1.4%. This was largely on account of a decline \nin non-food inflation. \n \nSource: ZIMSTAT, 2016 \nLoans & Advances\n86.1%\nBills \nDiscounted\n0.1%\nBankers \nacceptances\n0.3%\nOther \ninvestments\n3.8%\nMortgages\n9.8%Figure 5: Credit to Private Sector \nFigure 5: Credit to Private Sector July 2016\nJuly 2016\n-5\n-4\n-3\n-2\n-1\n0\n1\n2\nFigure 6: Annual Inflation \n(%)\nHeadline Inflation\nFood\nNon Food\n \n \nMONTHLY ECONOMIC REVIEW \n5 \n \nAnnual food inflation firmed to -3.8% in \nJuly 2016, from -4.0% recorded in June 2016. \nThe 0.2 percentage points increase was largely \nattributable to increases in prices of bread and \ncereals; sugar; jam; honey and fish and sea food. \n \nYear-on-year, non-food inflation decelerated \nfrom -0.1% in June 2016 to -0.6% in July 2016. \nThis was mainly on account of declines in \nfurniture and household equipment; transport; \nhousing; water; electricity; gas and other fuels; as \nwell as clothing and footwear categories. The \ndeclines were, however, partially offset by \nincreases in education. \n \nMonthly Inflation \n \n \nMonth-on-month inflation moved into negative \nterritory, shedding 0.38 percentage points to \nclose at -0.19% in July 2016. This followed \ndeclines in both food and non-food inflation. \n \nFood inflation fell from -0.35% in June 2016 to \n-0.52% in July 2016, due to declines in prices of \nvegetables; meat; and milk, cheese and eggs; \namong other items. Partially offsetting the \ndeclines was a 0.78% increase in oils and fats. \n \nNon-food inflation decelerated from 0.44% in \nJune 2016 to -0.03% in July 2016. This was \nlargely \nattributable \nto \ndeclines \nin \ncommunication; clothing and footwear; health; \nand transport, among others. \nNATIONAL PAYMENTS SYSTEM \n \nTransactions processed through the National \nPayment System (NPS) recorded a 9% decline, \nfrom US$6 948.80 million in June 2016, to close \nthe month of July 2016 at US$6 319.33 million. \nZimbabwe Electronic Transfer Settlement \nSystem (ZETSS) \n \nThe value of RTGS transactions registered a 13% \ndecline, from US$4 522.24 million in the \nprevious month, to US$3 911.78 million during \nthe month under review. RTGS transaction \nvolumes also fell from 268 192 in June 2016 to \n242 373 in July 2016. \n \nSource: Reserve Bank of Zimbabwe, 2016 \n \n \n \n -\n 0.5\n 1.0\n 1.5\n 2.0\n 2.5\n 3.0\n 3.5\n 4.0\n 4.5\n 5.0\nJul-13\nNov-13\nMar-14\nJul-14\nNov-14\nMar-15\nJul-15\nNov-15\nMar-16\nJul-16\n -\n 50\n 100\n 150\n 200\n 250\n 300\nVALUE IN US$ BILLIONS\nVOLUME IN THOUSANDS\nFigure 7: Z\nFigure 7: ZETSS Volumes and Values\nValues\nVolume\nValue\n \n \nMONTHLY ECONOMIC REVIEW \n6 \n \n \nCash transactions \n \nDuring the month of July 2016 cash transactions \ndecreased by 2% to US$530.60 million in July \n2016, from US$543.94 million in June 2016. \n \nMobile and Internet Based Transactions \n \nMobile and internet based transaction values rose \nfrom US$639.19 million as at end June 2016, to \nclose \nthe \nmonth \nof \nJuly \n2016 \nat \n US$709.26 million. \n \nCard Based Transactions \n \nCard \nbased \ntransactions \nstood \nat \nUS$406.35 million as at the end of July 2016, up \nfrom US$335.40 million in June 2016. \n \nCheque Transactions \n \nThe value of cheque transactions recorded a 10% \ndecline, from US$10.26 million registered in \nJune 2016, to close the month under review at \nUS$9.20 million. \n \nRESERVE BANK OF ZIMBABWE \nSEPTEMBER 2016\n \n \n \n7 \n \nMONTHLY ECONOMIC REVIEW \nStatistical Tables \n \n1. Monetary Statistics \n \n1.1 Monetary Aggregates \n \n \n \n \n \n 9 \n \n1.2 Broad Money Survey \n \n \n \n \n \n10 \n \n1.3 Analysis of Monthly Changes in Money Supply \n \n11 \n \n1.4 Analysis of Yearly Changes in Money Supply \n \n \n12 \n \n 2. Sectoral Analysis of Bank Loans and Advances and Deposits \n \n2.1 Sectoral Analysis of Commercial Banks Loans and Advances 13 \n \n2.2 Sectoral Analysis of Commercial Banks Deposits \n \n14 \n \n \n3. External Statistics \n \n3.1 Total External Debt Outstanding by Debtor \n \n \n15 \n \n4. Interest Rates \n \n4.1 Lending Rates \n \n \n \n \n \n \n16 \n \n4.2 Banks Deposit Rates \n \n \n \n \n \n17 \n \n5. Inflation \n \n5.1 Monthly Inflation \n \n \n \n \n \n18 \n \n5.2 Yearly Inflation \n \n \n \n \n \n \n19 \n \n6. Exchange Rates \n \n \n \n \n \n \n \n20 \n \n7. Commercial Banks \n \n7.1 Assets \n \n \n \n \n \n \n \n21 \n \n7.2 Liabilities \n \n \n \n \n \n \n22 \n \n \n \nMONTHLY ECONOMIC REVIEW \n8 \n \n \n8. Merchant Banks \n \n8.1 Assets \n \n \n \n \n \n \n \n23 \n \n8.2 Liabilities \n \n \n \n \n \n \n24 \n \n 9. Building Societies \n \n9.1 Assets \n \n \n \n \n \n \n \n25 \n \n9.2 Liabilities \n \n \n \n \n \n \n26 \n \n10. Zimbabwe Stock Exchange Statistics \n \n \n \n \n27 \n \n11. Savings with Financial Institutions \n \n \n \n \n28 \n \n12. Analysis of Liquid Assets of Monetary Banks \n \n \n \n29 \n \n13. ZETSS, Cheques and Cards Activity \n \n \n \n \n \n \n13.1 Values of Transactions \n \n \n \n \n30 \n \n13.2 Volumes of Transactions \n \n \n \n \n31 \n \n \n \n \n \n \n \n \n \n \n9 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \n \nJuly\nAugust\nSeptember\nOctober\nNovember\nDecember\nJanuary\nFebruary\nMarch\nApril\nMay\nJune\nJuly\nBond Coins\n2,719.3\n3,016.3\n3,425.5\n4,445.3\n5,789.3\n7,127.0\n7,355.5\n7,457.3\n7,612.1\n7,758.5\n8,005.8\n8,106.8\n8,243.2\nRBZ Demand Deposits\n3,889.6\n3,480.3\n3,478.9\n3,485.7\n2,470.9\n726.0\n1,832.8\n2,086.4\n1,423.3\n5,061.6\n3,602.5\n3,701.2\n9,125.9\nComm. Banks Dem. Deposits\n2,023,527.6\n2,168,409.0\n2,166,471.3\n2,149,026.8\n2,358,226.5\n2,362,538.7\n2,430,098.0\n2,409,398.2\n2,510,951.1\n2,575,573.8\n2,644,003.9\n2,743,164.8\n2,690,977.0\nMerchant Banks Dem. Deposits\n62,949.9\n62,949.9\n62,157.8\n61,925.6\n58,750.3\n58,524.4\n58,511.7\n58,304.5\n58,315.0\n58,346.2\n58,364.1\n58,364.1\n58,350.7\nM1\n2,093,086.3\n2,237,855.5\n2,235,533.5\n2,218,883.4\n2,425,237.0\n2,428,916.0\n2,497,798.0\n2,477,246.4\n2,578,301.4\n2,646,740.1\n2,713,976.2\n2,813,336.8\n2,766,696.7\nComm. Banks Savings Deposits\n239,113.1\n227,534.6\n230,176.6\n231,465.3\n259,856.4\n266,166.6\n280,598.5\n291,567.7\n290,006.1\n299,136.9\n282,597.7\n270,213.2\n346,442.2\nBuilding Soc. Savings Deposits\n275,914.5\n277,271.4\n230,176.6\n294,208.3\n308,439.9\n296,041.8\n297,854.8\n305,980.4\n311,092.0\n317,629.3\n332,211.2\n313,154.7\n313,391.2\nP O S B Savings Deposits\n68,785.7\n71,554.2\n77,161.5\n73,380.5\n76,307.7\n72,505.8\n73,735.7\n73,847.9\n74,405.9\n80,067.6\n79,203.4\n79,502.7\n75,483.3\nComm. Banks U-30 Day Deposits\n587,421.2\n505,981.9\n613,287.8\n565,136.6\n565,317.5\n650,234.3\n597,527.6\n588,796.4\n506,719.1\n574,185.2\n674,068.8\n546,356.7\n552,519.8\nMerchant Banks U-30 Day Deposits\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\nBuilding Soc. U- 30 Day Deposits\n171,250.8\n156,077.5\n190,548.2\n144,911.8\n127,578.2\n165,352.5\n131,683.2\n123,683.2\n108,106.2\n171,635.9\n118,100.1\n134,140.9\n90,761.4\nM2\n3,435,571.6\n3,476,275.0\n3,576,884.3\n3,527,985.9\n3,762,736.7\n3,879,217.1\n3,879,197.9\n3,861,122.0\n3,868,630.7\n4,089,395.1\n4,200,157.3\n4,156,705.0\n4,145,294.6\nComm. Banks O-30 Day Deposits\n651,895.8\n622,991.6\n611,608.0\n628,213.7\n503,244.7\n420,265.1\n424,676.9\n449,879.1\n573,809.8\n519,330.5\n438,306.5\n554,032.6\n522,523.5\nMerchant Banks O-30 Day Deposits\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\nBuilding Soc. O- 30 Day Deposits\n351,579.9\n340,974.7\n303,177.5\n409,350.0\n444,267.1\n432,822.3\n413,975.8\n421,729.2\n438,461.8\n361,565.5\n374,720.6\n390,530.0\n429,065.6\nBuilding Soc. Other Share Deposits\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\nP O S B Time Deposits\n23,646.5\n21,540.3\n24,019.0\n24,010.2\n23,668.6\n21,851.3\n25,326.6\n24,881.2\n24,640.9\n23,321.3\n26,430.9\n28,174.9\n29,891.3\nM3\n4,473,960.3\n4,473,048.2\n4,526,955.4\n4,600,826.4\n4,745,183.7\n4,765,422.3\n4,754,443.8\n4,768,878.1\n4,916,809.8\n5,004,879.1\n5,050,881.9\n5,140,709.1\n5,138,041.5\nSource:Reserve Bank of Zimbabwe, 2016\n2015\n2016\nTABLE 1.1 : MONETARY AGGREGATES\n US$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n10 \n \n \n \nJULY\nAUGUST\nSEPT\nOCT\nNOV\nDEC\nJAN\nFEB\nMAR\nAPR\nMAY\nJUNE\nJULY\nNET FOREIGN ASSETS \n-723,772.8\n-727,785.7\n-715,689.4\n-822,417.2\n-771,548.0\n-667,684.9\n-688,591.4\n-780,139.7\n-728,823.7\n-803,152.0\n-897,595.5\n-682,718.0\n-569,021.5\n Assets\n843,689.2\n867,447.1\n889,018.6\n784,372.6\n667,350.7\n792,677.3\n758,634.6\n679,001.9\n687,149.8\n637,447.5\n623,538.1\n667,173.2\n663,489.3\n Reserve Bank (RBZ)\n395,771.0\n360,705.6\n360,255.9\n335,321.7\n300,180.5\n433,452.9\n424,269.1\n390,810.3\n334,552.7\n354,608.4\n407,381.8\n389,004.0\n380,890.0\n Deposit Money Banks (DMBs) \n361,517.6\n428,702.8\n448,219.8\n387,305.0\n310,522.6\n300,320.1\n302,773.5\n259,017.9\n318,832.0\n269,044.4\n200,060.3\n256,915.8\n267,266.8\n Other Banking Institutions (OBIs) \n86,400.6\n78,038.7\n80,542.9\n61,745.9\n56,647.6\n58,904.3\n31,592.0\n29,173.7\n33,765.2\n13,794.7\n16,096.0\n21,253.4\n15,332.5\n Liabilities \\2\n-1,567,462.0\n-1,595,232.7\n-1,604,707.9\n-1,606,789.8\n-1,438,898.6\n-1,460,362.2\n-1,447,226.0\n-1,459,141.6\n-1,415,973.5\n-1,440,599.5\n-1,521,133.6\n-1,349,891.2\n-1,232,510.8\n RBZ\n1,039,959.7\n1,056,817.9\n1,057,080.8\n1,069,972.4\n1,048,664.8\n1,096,800.8\n1,090,485.7\n1,117,823.6\n1,075,644.5\n1,117,787.5\n1,184,783.0\n1,042,014.2\n935,954.6\n DMBs\n478,956.0\n490,791.1\n504,085.0\n494,458.0\n347,787.2\n320,578.9\n313,434.2\n299,029.1\n303,288.3\n285,945.2\n300,200.0\n272,477.2\n260,900.2\n OBIs\n48,546.3\n47,623.8\n43,542.1\n42,359.5\n42,446.6\n42,982.5\n43,306.1\n42,288.9\n37,040.8\n36,866.8\n36,150.7\n35,399.8\n35,656.0\nNET DOMESTIC ASSETS \n5,197,733.1\n5,200,833.8\n5,301,713.1\n5,423,243.6\n5,516,731.6\n5,433,107.3\n5,443,035.2\n5,549,017.8\n5,645,633.4\n5,808,031.0\n5,948,477.4\n5,823,427.1\n5,707,063.0\nDOMESTIC CREDIT\n4,981,511.5\n5,029,107.1\n5,079,842.4\n5,196,662.7\n5,345,272.0\n5,535,396.4\n5,476,442.4\n5,489,962.3\n5,542,678.3\n5,623,621.7\n5,627,841.4\n5,719,589.2\n5,759,394.1\n Claims on Government (net) \n1,160,044.8\n1,192,006.7\n1,182,354.0\n1,253,218.7\n1,359,827.4\n1,564,354.7\n1,530,792.2\n1,671,934.4\n1,691,128.7\n1,804,057.3\n1,834,775.4\n1,948,003.0\n2,028,573.1\n RBZ\n243,082.9\n244,517.6\n254,297.8\n271,997.2\n314,096.4\n331,552.1\n355,230.5\n418,006.5\n446,003.9\n456,287.0\n468,433.1\n508,837.0\n552,972.5\n DMBs\n845,865.3\n860,228.9\n838,982.9\n890,154.0\n954,556.6\n1,119,720.1\n1,068,095.4\n1,153,295.1\n1,166,120.4\n1,226,195.8\n1,241,961.8\n1,305,509.6\n1,342,573.5\n OBIs\n71,096.6\n87,260.2\n89,073.3\n91,067.5\n91,174.4\n113,082.5\n107,466.4\n100,632.7\n79,004.4\n121,574.4\n124,380.4\n133,656.4\n133,027.1\n Claims on Public Enterprises \n48,641.8\n56,508.0\n54,523.7\n84,877.1\n83,806.0\n140,910.1\n145,507.6\n120,445.0\n179,370.7\n185,698.9\n197,207.6\n199,989.6\n242,550.6\n RBZ\n1,931.5\n2,098.7\n2,423.7\n30,362.6\n30,375.1\n79,569.5\n76,732.8\n54,168.2\n70,356.5\n78,226.4\n91,056.2\n99,304.3\n138,657.6\n DMBs\n46,510.3\n53,130.2\n50,787.7\n53,348.0\n52,504.5\n60,202.8\n67,848.4\n65,328.0\n108,062.4\n106,568.6\n105,088.3\n99,643.7\n102,872.2\n Agri-PEs\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n Other\n46,510.3\n53,130.2\n50,787.7\n53,348.0\n52,504.5\n60,202.8\n67,848.4\n65,328.0\n108,062.4\n106,568.6\n105,088.3\n99,643.7\n102,872.2\n OBIs\n200.0\n1,279.1\n1,312.2\n1,166.5\n926.4\n1,137.9\n926.4\n948.9\n951.8\n904.0\n1,063.1\n1,041.6\n1,020.8\n Claims on Private Sector\n3,772,824.9\n3,780,592.5\n3,842,964.7\n3,858,567.0\n3,901,638.6\n3,830,131.6\n3,800,142.6\n3,697,582.8\n3,672,178.9\n3,633,865.5\n3,595,858.4\n3,571,596.6\n3,488,270.3\n RBZ\n66,722.4\n92,768.9\n67,359.3\n75,959.6\n77,442.5\n90,549.5\n93,049.5\n74,614.5\n56,342.7\n58,614.2\n58,864.7\n49,967.1\n50,177.0\n DMBs\n2,910,157.5\n2,875,477.3\n2,956,930.6\n2,950,844.9\n2,981,759.1\n2,874,287.6\n2,860,825.0\n2,773,512.1\n2,774,147.9\n2,736,322.0\n2,691,318.7\n2,681,469.9\n2,571,743.7\n OBIs\n795,945.0\n812,346.3\n818,674.8\n831,762.5\n842,437.0\n865,294.5\n846,268.2\n849,456.3\n841,688.3\n838,929.3\n845,675.0\n840,159.6\n866,349.6\nOTHER ITEMS (NET) \n216,221.6\n171,726.7\n221,870.7\n226,580.9\n171,459.6\n-102,289.2\n-33,407.2\n59,055.5\n102,955.1\n184,409.4\n320,636.1\n103,837.9\n-52,331.0\nBROAD MONEY (M3) \n4,473,960.3\n4,473,048.2\n4,586,023.7\n4,600,826.4\n4,745,183.7\n4,765,422.3\n4,754,443.8\n4,768,878.1\n4,916,809.8\n5,004,879.1\n5,050,881.9\n5,140,709.1\n5,138,041.5\nSource:Reserve Bank of Zimbabwe, 2016\n1. Building societies and P. O. S. B.\n2. Sign reversal.\n2015\n2016\nTABLE 1.2 : BROAD MONEY SURVEY\nUS$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n11 \n \n \n \nJULY\nAUGUST\nSEPT\nOCT\nNOV\nDEC\nJAN\nFEB\nMAR\nAPR\nMAY\nJUNE\nJULY\nNET FOREIGN ASSETS \n51,739.9\n-4,012.9\n12,096.3\n-106,727.8\n50,869.2\n103,863.0\n-20,906.5\n-91,548.3\n51,316.0\n-74,328.3\n-94,443.6\n214,877.6\n113,696.5\n Assets\n-82,664.5\n23,757.8\n21,571.5\n-104,646.0\n-117,021.9\n125,326.6\n-34,042.7\n-79,632.7\n8,148.0\n-49,702.3\n-13,909.4\n43,635.1\n-3,683.9\n Reserve Bank (RBZ)\n-58,215.1\n-35,065.4\n-449.7\n-24,934.2\n-35,141.2\n133,272.4\n-9,183.8\n-33,458.8\n-56,257.6\n20,055.8\n52,773.4\n-18,377.7\n-8,114.0\n Deposit Money Banks (DMBs)\n-29,090.7\n67,185.1\n19,517.0\n-60,914.8\n-76,782.4\n-10,202.5\n2,453.4\n-43,755.6\n59,814.1\n-49,787.5\n-68,984.1\n56,855.5\n10,351.0\n Other Banking Institutions (OBIs) \\1\n4,641.3\n-8,361.9\n2,504.2\n-18,797.0\n-5,098.3\n2,256.7\n-27,312.3\n-2,418.3\n4,591.5\n-19,970.5\n2,301.3\n5,157.4\n-5,920.9\n Liabilities \\2\n134,404.3\n-27,770.7\n-9,475.2\n-2,081.9\n167,891.2\n-21,463.6\n13,136.2\n-11,915.5\n43,168.1\n-24,626.0\n-80,534.1\n171,242.4\n117,380.4\n RBZ\n-53,346.7\n16,858.2\n262.9\n12,891.6\n-21,307.6\n48,136.0\n-6,315.1\n27,337.9\n-42,179.1\n42,143.1\n66,995.5\n-142,768.8\n-106,059.7\n DMBs\n-81,349.8\n11,835.0\n13,293.9\n-9,627.0\n-146,670.7\n-27,208.4\n-7,144.6\n-14,405.1\n4,259.2\n-17,343.1\n14,254.8\n-27,722.8\n-11,577.0\n OBIs\n292.2\n-922.5\n-4,081.6\n-1,182.7\n87.1\n535.9\n323.5\n-1,017.2\n-5,248.1\n-174.0\n-716.1\n-750.9\n256.2\nNET DOMESTIC ASSETS \\3\n-121,789.3\n3,100.7\n100,879.2\n121,530.5\n93,488.0\n-83,624.4\n9,928.0\n105,982.5\n96,615.7\n162,397.6\n140,446.4\n-125,050.3\n-116,364.1\nDOMESTIC CREDIT\n112,439.1\n47,595.6\n50,735.3\n116,820.4\n148,609.3\n190,124.4\n-58,954.0\n13,519.9\n52,716.0\n80,943.4\n4,219.7\n91,747.9\n39,804.8\n Claims on Government (net) \n85,807.2\n31,961.9\n-9,652.6\n70,864.7\n106,608.7\n204,527.3\n-33,562.5\n141,142.2\n19,194.3\n112,928.5\n30,718.1\n113,227.7\n80,570.1\n RBZ\n151,275.4\n1,434.7\n9,780.2\n17,699.4\n42,099.2\n17,455.7\n23,678.3\n62,776.1\n27,997.4\n10,283.1\n12,146.1\n40,403.9\n44,135.6\n DMBs\n-58,247.0\n14,363.6\n-21,245.9\n51,171.1\n64,402.6\n165,163.5\n-51,624.8\n85,199.8\n12,825.3\n60,075.4\n15,766.0\n63,547.8\n37,063.9\n OBIs\n-7,221.2\n16,163.6\n1,813.1\n1,994.2\n106.9\n21,908.1\n-5,616.0\n-6,833.7\n-21,628.3\n42,570.0\n2,806.0\n9,276.0\n-629.3\n Claims on Public Enterprises \n-4,506.4\n7,866.2\n-1,984.3\n30,353.4\n-1,071.0\n57,104.1\n4,597.4\n-25,062.5\n58,925.6\n6,328.3\n11,508.7\n2,782.0\n42,561.0\n RBZ\n742.4\n167.2\n325.0\n27,938.9\n12.5\n49,194.3\n-2,836.7\n-22,564.6\n16,188.3\n7,869.9\n12,829.8\n8,248.1\n39,353.3\n DMBs\n-4,743.6\n6,619.9\n-2,342.5\n2,560.3\n-843.4\n7,698.3\n7,645.6\n-2,520.4\n42,734.4\n-1,493.8\n-1,480.3\n-5,444.6\n3,228.5\n Agri-PEs\n-1,523.5\n-1,524.5\n-1,525.5\n-1,526.5\n-1,527.5\n-1,528.5\n-9,457.5\n-7,505.4\n-6,965.8\n-6,966.8\n-6,967.8\n-6,968.8\n-6,969.8\n Other\n-3,220.1\n8,144.4\n-816.9\n4,086.8\n684.1\n9,226.8\n17,103.1\n4,985.0\n49,700.2\n5,473.1\n5,487.6\n1,524.3\n10,198.3\n OBIs\n-505.2\n1,079.1\n33.1\n-145.7\n-240.1\n211.5\n-211.5\n22.5\n3.0\n-47.9\n159.1\n-21.5\n-20.8\n Claims on Private Sector\n31,138.3\n7,767.5\n62,372.2\n15,602.3\n43,071.6\n-71,507.0\n-29,989.0\n-102,559.8\n-25,403.9\n-38,313.4\n-38,007.1\n-24,261.7\n-83,326.3\n RBZ\n15,032.7\n26,046.5\n-25,409.6\n8,600.4\n1,482.9\n13,107.0\n2,500.0\n-18,435.0\n-18,271.7\n2,271.5\n250.4\n-8,897.6\n210.0\n DMBs\n9,527.4\n-34,680.2\n81,453.3\n-6,085.7\n30,914.2\n-107,471.5\n-13,462.6\n-87,312.9\n635.8\n-37,825.9\n-45,003.2\n-9,848.8\n-109,726.3\n OBIs\n6,578.2\n16,401.3\n6,328.5\n13,087.7\n10,674.5\n22,857.6\n-19,026.4\n3,188.1\n-7,768.0\n-2,759.0\n6,745.7\n-5,515.3\n26,190.0\nOTHER ITEMS (NET) \n-234,228.4\n-44,494.9\n50,144.0\n4,710.2\n-55,121.3\n-273,748.8\n68,882.0\n92,462.7\n43,899.6\n81,454.2\n136,226.7\n-216,798.2\n-156,168.9\nBROAD MONEY (M3) \n-70,049.4\n-912.2\n112,975.5\n14,802.7\n144,357.2\n20,238.7\n-10,978.5\n14,434.3\n147,931.7\n88,069.3\n46,002.9\n89,827.2\n-2,667.6\n Broad Money (M3) \n-1.54%\n-0.02%\n2.53%\n0.32%\n3.14%\n0.43%\n-0.23%\n0.30%\n3.10%\n1.79%\n0.92%\n1.78%\n-0.05%\n Domestic Credit \n2.31%\n0.96%\n1.01%\n2.30%\n2.86%\n3.56%\n-1.07%\n0.25%\n0.96%\n1.46%\n0.08%\n1.63%\n0.70%\n Claims on Private Sector\n0.83%\n0.21%\n1.65%\n0.41%\n1.12%\n-1.83%\n-0.78%\n-2.70%\n-0.69%\n-1.04%\n-1.05%\n-0.67%\n-2.33%\nSource:Reserve Bank of Zimbabwe, 2016\n1. Finance houses, building societies and P. O. S. B.\n2. Sign reversal.\n3. Net Domestic Assets consist of domestic credit and other items net.\n2015\n2016\nTABLE 1.3 : ANALYSIS OF MONTHLY CHANGES IN MONEY SUPPLY (M3)\n US$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n12 \n \nJULY\nAUGUST\nSEPT\nOCT\nNOV\nDEC\nJAN\nFEB\nMAR\nAPR\nMAY\nJUNE\nJULY\nNET FOREIGN ASSETS \n-22,698.6\n-100,052.1\n-179,455.4\n-223,571.1\n-3,723.5\n51,716.5\n25,599.2\n-16,833.2\n-162,864.4\n-167,123.9\n-216,529.0\n92,794.6\n154,751.3\n Assets\n-183,460.8\n-212,180.1\n-216,884.3\n-214,670.1\n-160,163.5\n-103,502.5\n-72,324.8\n-58,831.6\n-128,929.8\n-118,045.9\n-187,662.4\n-259,180.5\n-180,199.9\n Reserve Bank (RBZ)\n68,475.7\n-50,976.1\n-260,229.1\n-172,834.3\n-34,353.8\n70,271.8\n67,607.2\n109,920.3\n52,382.6\n71,707.8\n104,163.2\n-64,982.0\n-14,881.0\n Deposit Money Banks (DMBs)\n-262,175.5\n-175,757.2\n33,238.4\n-45,036.0\n-106,467.2\n-162,792.6\n-103,107.2\n-141,455.7\n-150,731.3\n-155,323.7\n-218,661.6\n-133,692.5\n-94,250.8\n Other Banking Institutions (OBIs) \\1\n10,239.0\n14,553.2\n10,106.4\n3,200.1\n-19,342.5\n-10,981.7\n-36,824.9\n-27,296.3\n-30,581.0\n-34,430.0\n-73,164.0\n-60,506.0\n-71,068.1\n Liabilities \\2\n160,762.2\n112,128.0\n37,428.9\n-8,901.0\n156,440.0\n155,218.9\n97,924.0\n41,998.4\n-33,934.6\n-49,078.0\n-28,866.7\n351,975.1\n334,951.2\n RBZ\n-96,131.8\n-60,845.6\n19,340.3\n34,361.2\n18,611.0\n75,864.3\n83,389.7\n108,661.8\n217,549.1\n223,580.0\n315,851.6\n-51,292.1\n-104,005.1\n DMBs\n-83,111.7\n-63,177.9\n-46,073.7\n-13,602.2\n-162,923.9\n-219,844.2\n-170,029.2\n-139,327.3\n-169,893.9\n-163,052.9\n-274,592.8\n-287,828.7\n-218,055.8\n OBIs\n18,481.3\n11,895.4\n-10,695.4\n-11,858.0\n-12,127.1\n-11,239.0\n-11,284.5\n-11,332.9\n-13,720.6\n-11,449.1\n-12,392.1\n-12,854.3\n-12,890.3\nNET DOMESTIC ASSETS \\3\n272,589.1\n251,024.5\n376,976.5\n367,137.9\n333,441.6\n310,287.2\n388,719.3\n447,824.3\n709,354.1\n733,158.4\n779,443.5\n503,904.7\n509,329.9\nDOMESTIC CREDIT\n776,284.9\n794,638.6\n812,660.2\n865,327.7\n992,339.8\n1,156,742.8\n1,244,947.0\n1,240,909.9\n1,171,650.7\n1,093,844.4\n809,966.1\n850,516.8\n777,882.6\n Claims on Government (net) \n736,056.5\n754,533.2\n739,918.1\n782,714.1\n897,401.8\n1,048,718.3\n986,766.1\n1,122,755.2\n1,153,453.4\n1,138,798.4\n884,181.4\n873,765.5\n868,528.4\n RBZ\n289,241.2\n270,492.4\n290,213.2\n286,430.3\n328,127.9\n356,615.8\n367,824.5\n430,914.6\n468,278.0\n357,909.4\n370,585.4\n417,029.5\n309,889.6\n DMBs\n415,882.2\n448,362.7\n412,213.7\n457,069.2\n511,078.6\n631,757.3\n563,398.7\n643,214.9\n665,775.9\n727,359.2\n457,533.3\n401,397.3\n496,708.2\n OBIs\n30,933.0\n35,678.2\n37,491.3\n39,214.6\n58,195.3\n60,345.2\n55,543.0\n48,625.8\n19,399.5\n53,529.8\n56,062.7\n55,338.7\n61,930.5\n Claims on Public Enterprises \n-28,752.0\n-13,816.8\n-17,867.0\n12,502.1\n17,145.1\n74,160.0\n80,539.8\n51,500.7\n107,827.5\n83,224.6\n92,901.3\n146,841.4\n193,908.8\n RBZ\n1,931.5\n2,098.7\n2,423.7\n30,362.6\n30,375.1\n79,569.5\n76,732.8\n54,168.2\n70,356.5\n77,489.1\n89,969.1\n98,115.2\n136,726.1\n DMBs\n-30,883.4\n-17,194.6\n-21,602.9\n-19,027.0\n-14,156.5\n-6,547.4\n2,880.7\n-3,616.3\n38,245.6\n5,825.7\n2,652.3\n48,389.8\n56,361.9\n Agri-PEs\n-1,511.0\n-1,514.5\n-1,515.5\n-1,515.5\n-1,516.5\n-1,517.5\n-1,518.5\n-1,519.5\n-1,520.5\n-1,521.5\n-1,522.5\n-1,523.5\n-1,524.5\n Other\n-29,372.5\n-15,680.0\n-20,087.4\n-17,511.5\n-12,639.9\n-5,029.8\n4,399.2\n-2,096.7\n39,766.1\n7,347.3\n4,174.9\n49,913.3\n57,886.4\n OBIs\n200.0\n1,279.1\n1,312.2\n1,166.5\n926.4\n1,137.9\n926.4\n948.9\n-774.5\n-90.2\n279.9\n336.4\n820.8\n Claims on Private Sector\n68,980.4\n53,922.1\n90,609.0\n70,111.5\n77,793.0\n33,864.5\n177,641.0\n66,654.0\n-89,630.2\n-128,178.6\n-167,116.6\n-170,090.0\n-284,554.6\n RBZ\n31,997.2\n58,043.6\n32,634.0\n41,234.4\n42,717.2\n55,824.2\n58,324.2\n39,889.2\n24,933.7\n27,056.2\n27,709.1\n-1,722.7\n-16,545.4\n DMBs\n-103,031.0\n-141,232.5\n-64,459.1\n-65,906.0\n-55,036.1\n-135,814.0\n25,822.4\n-50,903.8\n-186,744.5\n-212,671.7\n-269,599.0\n-219,160.2\n-338,413.9\n OBIs\n140,014.2\n137,110.9\n122,434.1\n94,783.1\n90,111.8\n113,854.3\n93,494.4\n77,668.6\n72,180.6\n57,436.9\n74,773.4\n50,792.9\n70,404.6\nOTHER ITEMS (NET) \n-503,695.8\n-543,614.1\n-435,683.7\n-498,189.8\n-658,898.2\n-846,455.6\n-856,227.7\n-793,085.7\n-462,296.6\n-360,686.0\n-30,522.6\n-346,612.1\n-268,552.7\nBROAD MONEY (M3) \n249,890.4\n150,972.4\n197,521.1\n143,566.8\n329,718.1\n362,003.6\n414,318.5\n430,991.1\n546,489.7\n566,034.5\n562,914.4\n596,699.4\n664,081.2\nGROWTH RATES\n Broad Money (M3) \n5.9%\n3.5%\n4.5%\n3.2%\n7.5%\n8.2%\n9.5%\n9.9%\n12.5%\n12.8%\n12.5%\n13.1%\n14.8%\n Domestic Credit \n18.5%\n18.8%\n19.0%\n20.0%\n22.8%\n26.4%\n29.4%\n29.2%\n26.8%\n24.1%\n16.8%\n17.5%\n15.6%\n Claims on Private Sector\n1.9%\n1.4%\n2.4%\n1.9%\n2.0%\n0.9%\n4.9%\n1.8%\n-2.4%\n-3.4%\n-4.4%\n-4.5%\n-7.5%\nSource:Reserve Bank of Zimbabwe, 2016\n1. Finance houses, building societies and P. O. S. B.\n2. Sign reversal.\n3. Net Domestic Assets consist of domestic credit and other items net.\n$ Thousands\n2015\nTABLE 1.4 : ANALYSIS OF YEARLY CHANGES IN MONEY SUPPLY (M3)\n2016\n \n \n \n13 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \n \n \nAGRICULTURE\nCONSTRUCTION\nCOMMUNICATION\nDISTRIBUTION\nFINANCIAL &\nFINANCIAL\nMANUFACTURING\nMINING\nSERVICES\nTRANSPORT\nINDIVIDUALS\nCONGLOMERATE\nTOTAL\nEND OF\n \n \n \nINVESTMENTS\nORGANISATIONS\n \n \n \n \n2015 \nJan\n541,656.5\n46,681.6\n39,906.8\n445,656.6\n21,454.5\n131,350.1\n466,896.6\n207,686.6\n452,817.5\n47,945.7\n557,066.9\n1,401.2\n2,960,820.4\nFeb\n538,722.0\n42,062.8\n47,395.1\n446,647.8\n21,790.0\n117,681.6\n461,237.6\n214,420.4\n463,884.6\n48,357.0\n544,838.5\n1,416.2\n2,948,453.6\nMar\n549,118.0\n42,010.1\n44,087.2\n448,278.7\n76,302.3\n110,180.3\n473,978.1\n203,327.9\n466,104.7\n48,938.0\n550,140.6\n1,339.6\n3,013,805.6\nApr\n556,457.4\n30,687.3\n44,546.9\n451,852.9\n65,696.1\n72,653.7\n457,797.1\n202,418.2\n518,353.6\n47,653.8\n551,662.8\n990.1\n3,000,770.0\nMay\n577,258.6\n31,400.7\n44,839.1\n456,652.1\n64,792.3\n75,682.2\n460,700.3\n192,377.2\n545,363.4\n50,061.9\n561,058.3\n1,034.4\n3,061,220.5\nJun\n576,485.1\n29,649.0\n56,936.5\n463,750.7\n20,117.9\n91,678.4\n407,949.0\n181,512.7\n512,108.4\n40,839.7\n590,917.1\n965.9\n2,972,910.2\nJul\n589,866.7\n27,447.9\n56,456.1\n474,568.7\n21,025.9\n92,335.6\n418,612.0\n186,238.8\n416,928.9\n41,201.6\n579,629.0\n941.4\n2,905,252.7\nAug\n580,775.3\n28,148.8\n58,618.6\n460,451.4\n22,509.2\n105,466.9\n411,831.6\n176,732.7\n440,470.4\n41,154.5\n571,926.0\n886.9\n2,898,972.1\nSep\n598,429.9\n28,307.9\n59,213.0\n443,604.1\n22,711.9\n102,015.0\n421,228.0\n174,144.2\n467,804.5\n43,051.0\n569,250.1\n929.5\n2,930,689.0\nOct\n609,537.2\n33,868.4\n53,813.7\n466,727.6\n21,566.0\n104,959.3\n447,136.6\n141,401.6\n484,254.8\n40,156.6\n573,330.4\n907.7\n2,977,660.0\nNov\n650,547.2\n28,696.7\n49,784.9\n440,864.2\n12,868.9\n104,288.1\n428,393.1\n152,136.9\n444,207.8\n40,760.5\n543,920.4\n696.2\n2,897,164.8\nDec\n590,610.6\n30,958.8\n44,706.5\n366,799.2\n13,354.6\n87,897.5\n450,208.5\n163,452.9\n475,424.5\n40,154.3\n518,998.3\n527.5\n2,783,093.0\n2016\nJan\n577,684.4\n35,033.6\n35,535.9\n379,618.2\n13,329.2\n68,325.8\n476,677.0\n158,150.5\n410,992.6\n40,295.6\n535,379.3\n380.2\n2,731,402.2\nFeb\n539,562.8\n35,885.1\n37,857.4\n374,835.1\n13,285.9\n63,301.8\n473,970.3\n155,889.4\n415,520.6\n40,862.5\n531,789.5\n365.3\n2,683,125.7\nMar\n586,349.7\n39,180.5\n41,037.5\n371,809.6\n13,397.9\n63,061.4\n444,769.1\n156,209.2\n402,900.5\n44,606.7\n588,882.7\n410.7\n2,752,615.5\nApr\n527,545.8\n46,612.5\n40,624.2\n379,572.0\n13,428.1\n69,469.7\n437,795.4\n142,682.1\n421,335.6\n43,921.4\n645,037.3\n9,410.0\n2,777,434.0\nMay\n522,239.8\n40,194.4\n38,496.8\n358,042.5\n13,280.8\n65,381.2\n439,295.5\n145,180.0\n401,304.1\n41,908.5\n651,719.3\n9,579.0\n2,726,621.9\nJune\n510,016.8\n39,316.9\n36,866.1\n361,138.1\n12,764.5\n68,850.3\n433,145.3\n143,595.6\n476,484.5\n42,179.6\n650,071.4\n9,739.2\n2,784,168.3\nJuly\n501,744.6\n43,266.6\n12,746.6\n287,960.5\n11,403.0\n64,344.7\n423,354.4\n141,639.6\n489,050.6\n40,059.9\n652,366.8\n9,804.6\n2,677,741.9\nSource:Reserve Bank of Zimbabwe,2016\n/1 Including the only merchant bank still in operation.\nTABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES/1\nUS$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n14 \n \n \n \n \n \n \nEND OF\nAGRICULTURE CONSTRUCTION\nCOMMUNICATIONS\nDISTRIBUTION\nFINANCIAL &\nFINANCIAL\nMANUFACTURING\nMINING\nSERVICES\nTRANSPORT\nINDIVIDUALS\nCONGLOMERATES\nTOTAL\nINVESTMENTS ORGANISATIONS\n2015\nJan\n155,304.2\n63,950.4\n136,066.9\n349,099.7\n294,145.5\n809,684.0\n314,319.6\n113,452.0\n1,034,514.7\n48,876.5\n606,370.3\n78,746.0\n4,004,529.8\nFeb\n151,740.1\n63,112.6\n109,807.6\n370,581.8\n314,944.7\n784,737.6\n309,307.9\n120,255.1\n1,028,160.1\n43,112.0\n606,650.6\n78,891.2\n3,981,301.2\nMar\n199,484.8\n63,709.2\n116,397.4\n378,460.0\n351,448.0\n762,380.7\n373,911.9\n99,744.6\n912,654.4\n42,478.9\n644,951.3\n72,605.2\n4,018,226.6\nApr\n186,896.3\n65,974.0\n130,284.9\n380,884.8\n330,001.9\n799,952.4\n373,648.3\n109,735.0\n944,772.9\n44,964.9\n653,801.0\n75,850.9\n4,096,767.2\nMay\n185,803.2\n73,167.5\n111,512.1\n523,774.7\n299,659.2\n801,335.5\n419,453.7\n113,355.0\n1,041,392.8\n50,057.9\n619,767.9\n71,388.8\n4,310,668.3\nJun\n187,657.0\n76,777.8\n109,336.0\n498,031.3\n304,087.2\n877,042.8\n338,069.8\n67,556.6\n1,131,497.1\n43,949.0\n651,072.8\n72,166.9\n4,357,244.2\nJul\n180,261.3\n80,536.4\n106,645.3\n452,744.1\n295,611.1\n911,363.8\n360,746.5\n88,518.4\n971,759.9\n53,101.6\n647,215.1\n70,618.8\n4,219,122.4\nAug\n168,075.2\n86,038.9\n108,477.7\n472,875.1\n335,158.3\n784,616.6\n401,830.1\n76,647.0\n1,042,260.4\n55,455.9\n657,177.1\n51,922.5\n4,240,535.0\nSep\n197,641.5\n85,842.6\n112,415.3\n462,925.6\n349,564.2\n831,813.0\n379,121.4\n71,090.0\n1,033,106.7\n53,348.1\n676,308.0\n55,759.2\n4,308,935.5\nOct\n219,922.3\n85,382.0\n116,874.4\n447,200.7\n331,543.6\n821,640.8\n378,568.5\n68,298.7\n1,100,719.7\n55,846.7\n648,757.5\n67,353.2\n4,342,108.3\nNov\n212,806.1\n85,815.7\n98,468.4\n465,089.7\n334,835.6\n846,959.0\n363,754.4\n71,866.2\n1,074,141.8\n56,110.3\n665,421.1\n64,630.3\n4,339,898.7\nDec\n196,092.9\n88,273.0\n102,636.9\n518,411.4\n336,909.2\n864,491.7\n307,845.0\n63,337.5\n1,163,771.1\n57,410.5\n639,985.6\n66,435.7\n4,405,600.5\n2016\nJan\n231,827.3\n101,724.1\n93,544.2\n517,089.2\n325,203.1\n977,272.1\n345,812.2\n62,026.3\n1,083,702.7\n61,755.6\n618,080.1\n58,808.7\n4,476,845.6\nFeb\n226,568.3\n105,747.9\n97,684.4\n525,070.9\n339,839.0\n896,869.2\n326,026.0\n59,381.3\n1,047,904.6\n63,248.3\n634,478.3\n63,017.8\n4,385,835.9\nMar\n243,546.9\n102,238.4\n116,471.1\n582,943.5\n362,058.8\n879,340.8\n368,689.6\n60,514.0\n402,900.5\n62,839.4\n642,779.4\n61,037.6\n4,556,027.1\nApr\n243,151.6\n102,234.0\n112,219.5\n569,660.7\n360,299.5\n907,855.6\n335,068.6\n71,721.0\n1,156,122.6\n63,858.0\n628,901.1\n61,087.0\n4,612,179.4\nMay\n236,180.5\n97,008.6\n120,726.3\n593,284.9\n371,034.5\n923,580.9\n356,500.9\n99,176.4\n1,107,956.8\n61,396.5\n607,501.4\n64,066.3\n4,638,413.9\nJune\n218,386.8\n103,914.2\n134,181.8\n596,904.8\n362,400.2\n973,333.3\n316,490.8\n58,856.9\n1,128,688.7\n72,063.3\n601,813.8\n61,833.2\n4,628,867.8\nJuly\n207,280.2\n99,727.9\n138,781.2\n616,359.8\n348,779.7\n1,035,697.0\n370,456.9\n63,986.1\n1,114,413.7\n65,391.9\n622,329.2\n69,058.9\n4,752,262.6\nSource: Reserve Bank of Zimbabwe,2016\n/1 Including the only merchant bank still in operation.\n TABLE 2.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS \nUS$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n15 \n \nEnd Period\n1999\n2000\n2001\n2002\n2003\n2004\n2005\n2006\n2007\n2008\n2009\n2010\n2011\n2012\n2013\n2014\n2015\n(US$ millions)\nLong-Term External Debt\n3,530\n3,227\n3,255\n3,327\n3,644\n3,927\n3,805\n3,965\n4,032\n4,464\n4,951\n5,175\n6,096\n6,607\n7,370\n8,444\n8,426\nGovernment\n2,461\n2,249\n2,328\n2,376\n2,617\n2,844\n2,895\n3,024\n3,054\n3,464\n4,037\n4,095\n4,638\n4,929\n5,012\n4,522\n5,293\nBilateral Creditors\n935\n1,050\n1,115\n1,107\n1,255\n1,455\n1,438\n1,520\n1,520\n1,863\n2,308\n2,325\n2,597\n2,694\n2,928\n2,445\n3,310\nMultilateral Creditors\n1,235\n1,199\n1,213\n1,269\n1,362\n1,389\n1,457\n1,504\n1,524\n1,592\n1,729\n1,770\n2,041\n2,235\n2,084\n2,078\n1,982\nPrivate Creditors\n291\n0\n0\n0\n0\n0\n0\n0\n10\n10\n0\n0\n0\n0\n0\n0\n0\nPublic Enterprises\n543\n534\n568\n616\n698\n714\n709\n766\n790\n825\n857\n938\n1,092\n1,198\n1,356\n1,661\n1,220\nBilateral Creditors\n316\n301\n315\n351\n403\n442\n439\n464\n474\n497\n453\n238\n711\n703\n858\n1,155\n760\nMultilateral Creditors\n224\n233\n253\n265\n295\n272\n270\n302\n316\n327\n403\n700\n382\n495\n498\n506\n460\nPrivate Creditors\n3\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\nMonetary Authorities\n364\n292\n292\n279\n288\n291\n144\n130\n137\n140\n140\n138\n127\n125\n125\n120\n110\nMultilateral Creditors - IMF\n364\n292\n292\n279\n288\n291\n144\n130\n137\n140\n140\n138\n127\n125\n125\n120\n110\nPrivate\n162\n152\n67\n56\n41\n78\n57\n45\n51\n35\n57\n142\n366\n480\n1,002\n2,261\n1,913\nShort-Term External Debt\n532\n298\n167\n183\n169\n144\n173\n281\n387\n226\n1,198\n1,382\n1,289\n890\n1,564\n2,394\n2,258\nSupplier's Credits\n150\n42\n13\n26\n51\n69\n107\n122\n178\n41\n193\n286\n134\n30\n0\n0\n0\nReserve Bank\n642\n642\n618\n614\n614\n587\n587\nPrivate\n382\n256\n154\n157\n118\n75\n66\n159\n209\n185\n363\n454\n537\n246\n950\n1,807\n1,671\nTotal External Debt\n4,062\n3,525\n3,422\n3,510\n3,812\n4,071\n3,978\n4,246\n4,419\n4,690\n6,149\n6,557\n7,385\n7,497\n8,934\n10,838\n10,684\nSource: Ministry of Finance & Economic Development, 2016; & Reserve Bank of Zimbabwe, 2016\nTABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS)\n \n \n \n16 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \nEnd Period\nNominal Lending Rates2\nIndividuals \nCorporate\n2015 \nJan\n6.00-35.00\n14.16 \n9.66 \nFeb\n4.30-33.50\n14.00 \n9.73 \nMar\n4.30-33.50\n13.24 \n8.75 \nApr\n4.30-31.00\n12.71 \n8.84 \nMay\n5.00-31.00\n12.74 \n8.79 \nJun\n5.00-31.00\n11.94 \n8.42 \nJul\n5.00-31.00\n11.86 \n8.56 \nAug\n4.30-26.00\n11.96 \n8.51 \nSep\n4.30-25.00\n11.81 \n8.47 \nOct\n4.00-18.00\n10.98 \n7.28 \nNov\n4.00-16.25\n12.20 \n7.67 \nDec\n6.00-16.00\n11.99 \n7.57 \n2016 \nJan\n6.00-22.00\n12.08 \n7.38 \nFeb\n4.00-22.00\n11.48 \n7.29 \nMar\n4.00-22.00\n11.44 \n7.16 \nApr\n4.00-22.00\n11.50 \n7.20 \nMay\n4.00-18.00\n11.43 \n7.35 \nJune\n4.00-18.00\n11.40 \n7.48 \nJuly\n4.00-18.00\n10.69 \n6.79 \nSource:Reserve Bank of Zimbabwe, 2016\nNotes\n3. Lending rates exclude rates on staff loans. \nTABLE 4.1 LENDING RATES (percent per annum)1\n2. Nominal Lending Rates depict the range of rates quoted by banks.\nCommercial Banks\nWeighted Average Lending Rates 3 \n1. Table revised, to separate weighted lending rates for individuals and corporate bodies. \n \n \nMONTHLY ECONOMIC REVIEW \n17 \n \n \n \n \n \n \n \nEND OF\nSAVINGS\n3 MONTHS\n2015 \nJan\n0.15-8.00\n3.00-17.00\nFeb\n0.50-12.00\n1.00-17.00\nMar\n0.50-12.00\n1.00-17.00\nApr\n0.30-8.00\n1.00-17.00\nMay\n0.30-8.00\n1.00-17.00\nJun\n0.30-8.00\n1.00-17.00\nJul\n0.30-8.00\n1.00-15.00\nAug\n0.30-8.00\n1.00-15.00\nSep\n0.30-8.00\n1.00-16.00\nOct\n0.50-8.00\n1.00-17.00\nNov\n0.75-8.00\n1.00-17.00\nDec\n0.50-8.00\n0.75-17.00\n2016 \nJan\n0.50-8.00\n0.75-17.00\nFeb\n0.50-8.00\n0.75-17.00\nMar\n0.50-8.00\n0.75-17.00\nApr\n0.50-8.00\n0.75-17.00\nMay\n0.50-8.00\n0.75-17.00\nJune\n0.50-6.00\n0.75-17.00\nJuly\n0.50-6.00\n0.75-17.00\n Source:Reserve Bank of Zimbabwe, 2016\n* The range of rates qouted by banks during the period.\nTABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)*\nCOMMERCIAL BANKS\n \n \n \n18 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \nFOOD \nINFLATION\nALL\nALCOHOLIC \nBEVERAGES \nCLOTHING\nHOUSING, \nWATER,\nFURNITURE\nHEALTH\nTRANSPORT\nCOMMUNICATION\nRECREATION \n&\nEDUCATION\nRESTAURANTS \n&\nMISC.\nTOTAL NON\nFOOD & \nITEMS\n& TOBACCO\nFOOTWEAR\nELECTRICTY, \nGAS\nAND\nCULTURE\nHOTELS\nGOODS &\nFOOD\nNON \nALCOHOLIC \nBEVERAGES\n& OTHER\nEQUIPMENT\nSERVICES\nFUELS\nWEIGHTS\n4.38\n6.05\n17.74\n9.91\n2.16\n9.76\n3.41\n2.1\n5.67\n1.38\n3.91\n66.47\n33.53\n100\n2015 \nJan\n-0.04\n-0.01\n0.08\n0.07\n0.06\n-0.97\n-13.41\n0.02\n-0.08\n-0.48\n0.30\n-0.69\n0.40\n-0.34\nFeb\n0.25\n-0.35\n-0.09\n-0.11\n-0.02\n-0.41\n-0.10\n-0.17\n0.00\n-0.28\n0.10\n-0.13\n0.05\n-0.07\nMar\n0.12\n-0.27\n-0.06\n-0.02\n-0.05\n0.02\n0.00\n0.03\n0.00\n0.12\n0.10\n-0.03\n-0.03\n-0.03\nApr\n-0.63\n-0.01\n-0.71\n-3.35\n-0.46\n-0.05\n-0.15\n-0.13\n-0.07\n0.59\n0.41\n-0.04\n-1.01\n-0.89\nMay\n-0.17\n-0.41\n0.18\n-0.25\n0.10\n-0.25\n-0.02\n-0.11\n0.00\n-0.08\n-0.44\n-0.10\n-0.37\n-0.19\nJun\n0.36\n-0.06\n-0.02\n-0.07\n-0.17\n0.06\n0.01\n-0.09\n0.00\n-0.07\n0.11\n0.01\n-0.45\n-0.14\nJul\n-0.08\n0.05\n-0.56\n-0.82\n0.15\n-0.09\n-0.02\n-0.14\n7.48\n-0.02\n0.03\n0.47\n-0.81\n0.06\nAug\n-0.27\n-0.01\n0.02\n-0.14\n-0.04\n-0.29\n-0.06\n-0.26\n0.00\n-0.14\n-0.09\n-0.10\n-0.75\n-0.36\nSep\n-0.05\n0.00\n-0.62\n-0.52\n0.04\n-0.42\n-0.38\n-0.01\n0.00\n1.28\n-0.30\n-0.31\n-0.47\n-0.36\nOct\n-0.43\n-0.31\n-0.08\n-0.32\n0.61\n-0.47\n0.02\n-0.14\n0.00\n-0.18\n0.12\n-0.17\n-0.53\n-0.29\nNov\n-0.15\n-0.19\n-0.01\n-0.24\n0.00\n-0.08\n-0.23\n-0.02\n2.83\n-0.03\n-0.02\n0.22\n0.04\n0.16\nDec\n-0.41\n-0.15\n0.18\n-0.07\n-0.06\n-0.25\n-0.03\n0.09\n0.00\n-0.07\n-0.30\n-0.06\n-0.21\n-0.11\n2016 \nJan\n0.05\n-0.02\n-0.04\n-0.30\n-0.15\n-0.37\n0.00\n-0.18\n0.00\n-0.16\n-0.29\n-0.13\n0.13\n-0.05\nFeb\n-0.14\n0.00\n-0.12\n-0.19\n-0.17\n-0.37\n-0.13\n-0.01\n0.00\n-0.17\n0.06\n-0.14\n-0.03\n-0.10\nMar\n-0.15\n-0.17\n-1.03\n-0.73\n-0.13\n-0.30\n0.42\n-0.04\n3.36\n-0.62\n-0.60\n-0.11\n-0.13\n-0.12\nApr\n0.03\n-0.14\n-0.02\n-0.32\n0.00\n0.07\n-0.08\n-0.02\n-0.01\n-0.09\n-0.35\n-0.08\n-0.51\n-0.21\nMay\n-0.29\n-0.22\n0.12\n-0.11\n-0.18\n-0.11\n-1.61\n0.06\n0.00\n0.02\n-0.33\n-0.12\n-0.49\n-0.24\nJune\n0.07\n-0.21\n0.58\n0.03\n0.15\n-0.08\n-0.01\n-0.23\n2.65\n0.31\n0.09\n0.44\n-0.35\n0.19\nJuly \n0.01\n-0.15\n0.04\n0.05\n-0.15\n-0.03\n-0.36\n0.09\n0.00\n0.04\n-0.30\n-0.03\n-0.52\n-0.19\nSource:Zimstat, 2016\nNON-FOOD INFLATION\nTABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX\n( DECEMBER 2012 = 100)\n \n \nMONTHLY ECONOMIC REVIEW \n19 \n \nFOOD \nIN FLA TION\nA LL\nA LC OHOLIC \nB EV ER A GES \nC LOTHIN G\nHOU S IN G, \nWA TER ,\nFU R N ITU R E\nHEA LTH\nTR A N S POR T\nC OM M U N IC A TION\nR EC R EA TION \n&\nED U C A TION\nR ES TA U R A N TS \n&\nM IS C .\nTOTA L N ON\nFOOD & \nITEM S\n& TOB A C C O\n& FOOTWEA R\nELEC TR IC TY , \nGA S\nA N D\nC U LTU R E\nHOTELS\nGOOD S &\nFOOD\nN ON \nA LC OHOLIC \nB EV ER A GES\n& OTHER\nEQU IPM EN T\nS ER V IC ES\nFU ELS\nWEIGHTS\n4.38\n6.05\n17.74\n9.91\n2.16\n9.76\n3.41\n2.1\n5.67\n1.38\n3.91\n66.47\n33.53\n100\n2015\nJan\n0.47\n0.00\n-0.16\n-1.86\n1.21\n0.19\n-13.69\n-0.44\n4.35\n-2.16\n-1.82\n-0.57\n-2.74\n-1.28\nFeb\n0.73\n-0.25\n-0.14\n-1.88\n1.10\n-0.30\n-13.78\n-0.57\n4.11\n-2.36\n-1.80\n-0.68\n-2.87\n-1.40\nMar\n0.90\n-0.46\n0.62\n-1.78\n1.03\n-0.28\n-13.78\n-0.54\n4.11\n-2.26\n-1.41\n-0.44\n-2.77\n-1.20\nApr\n-2.93\n0.59\n-1.07\n-2.62\n-1.50\n0.81\n-0.76\n-13.88\n-0.95\n-7.02\n-0.84\n-1.41\n-2.51\n-2.65\nMay\n0.31\n-1.37\n-2.39\n-1.45\n0.92\n-1.23\n-13.87\n-0.86\n-7.09\n-0.79\n-1.42\n-2.56\n-3.00\n-2.70\nJun\n0.72\n-1.54\n-2.41\n-1.58\n0.45\n-1.14\n0.00\n-0.87\n-7.09\n-0.75\n-1.38\n-2.57\n-3.32\n-2.81\nJul\n0.74\n-1.61\n-3.24\n-2.37\n0.50\n-1.12\n-13.77\n-0.93\n-1.90\n-1.61\n-0.99\n-2.35\n-3.65\n-2.77\nAug\n0.61\n-1.53\n-3.22\n-2.37\n0.42\n-1.67\n-13.77\n-1.11\n-1.88\n-1.78\n0.13\n-2.38\n-3.59\n-2.77\nSep\n0.47\n-1.67\n-4.25\n-2.62\n0.25\n-2.45\n-14.05\n-0.99\n-1.88\n-0.12\n-0.28\n-2.83\n-3.72\n-3.11\nOct\n-0.12\n-2.04\n-4.33\n-2.80\n0.86\n-2.64\n-13.98\n-1.09\n-1.89\n-0.32\n-0.20\n-2.95\n-4.00\n-3.29\nNov\n-0.45\n-2.35\n-4.32\n-2.94\n0.77\n-2.81\n-14.19\n-1.14\n11.08\n0.28\n-0.27\n-1.80\n-3.85\n-2.46\nDec\n-0.88\n-2.39\n-4.29\n-2.91\n0.57\n-3.24\n-14.22\n-0.89\n11.08\n0.43\n-0.42\n-1.89\n-3.71\n-2.47\n2016\nJan\n-0.79\n-2.41\n-4.40\n-3.27\n0.37\n-2.66\n-0.93\n-1.09\n11.17\n0.75\n-1.01\n-1.34\n-3.96\n-2.19\nFeb\n-1.16\n-2.06\n-4.43\n-3.35\n0.22\n-2.62\n-0.97\n0.21\n11.17\n0.96\n-1.17\n-1.35\n-4.04\n-2.22\nMar\n-1.43\n-1.97\n-5.36\n-4.04\n0.14\n-2.92\n-0.55\n-1.00\n14.91\n0.21\n-1.86\n-1.43\n-4.13\n-2.31\nApr\n-1.40\n-1.40\n-2.11\n-3.91\n0.19\n-2.71\n-0.50\n-0.95\n14.21\n-0.28\n-2.17\n-0.51\n-4.02\n-1.64\nMay\n-1.52\n-1.21\n-2.17\n-3.77\n-0.10\n-2.57\n-2.09\n-0.78\n14.21\n-0.18\n-2.07\n-0.53\n-4.13\n-1.69\nJune\n-1.80\n-1.36\n-1.58\n-3.67\n0.21\n-2.71\n-2.10\n-0.92\n17.24\n0.20\n-2.09\n-0.09\n-4.04\n-1.37\nJuly\n-1.71\n-1.56\n-0.98\n-2.83\n-0.09\n-2.66\n-2.43\n-0.69\n9.09\n0.27\n-2.42\n-0.59\n-3.76\n-1.60\nSource: Zimstat, 2016\nN ON - FOOD IN FLA TION\nTABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \\1\n(DECEMBER 2012 = 100)\n \n \n \n20 \n \nMONTHLY ECONOMIC REVIEW \nSA\nBW\nJAPANESE\nEUROPEAN\nPOUND\nEND OF\nRAND/1\nPULA/1\nYEN/1\nCURRENCY/2\nSTERLING/2\n2015\nJAN\n11.5530\n9.6108\n117.8500\n1.1334\n1.5081\nFEB\n11.5530\n9.6108\n119.1700\n1.1200\n1.5400\nMAR\n12.1600\n9.9600\n120.1900\n1.0790\n1.4771\nAPR\n11.8200\n9.7400\n118.6000\n1.1100\n1.5400\nMAY\n12.1338\n9.7561\n123.8650\n1.0947\n1.5300\nJUNE\n12.2600\n9.9200\n122.3100\n1.1191\n1.5723\nJULY\n12.7100\n10.6700\n124.0300\n1.0941\n1.5601\nAUG\n13.3100\n10.2000\n121.1100\n1.1247\n1.5427\nSEPT\n13.9000\n10.5500\n119.9400\n1.1245\n1.5385\nOCT\n13.8500\n10.4700\n121.1500\n1.0981\n1.5400\nNOV\n14.3958\n10.6952\n122.7250\n1.0589\n1.5315\nDEC\n15.5600\n11.0990\n120.4200\n1.0929\n1.4925\n2016\nJAN\n16.0900\n11.4300\n120.5500\n1.0905\n1.4493\nFEB\n16.1100\n11.2700\n113.0300\n1.0990\n1.3880\nMAR\n15.4500\n11.1000\n112.9500\n1.1100\n1.4200\nAPR\n14.6200\n10.7575\n109.6825\n1.1340\n1.4306\nMAY\n15.3200\n10.9800\n108.9323\n1.1340\n1.4522\nJUNE\n14.8834\n10.9349\n102.6700\n1.1095\n1.3397\nJULY\n14.4277\n10.7892\n103.9398\n1.1069\n1.3180\nSource: Reserve Bank of Zimbabwe, 2016\n TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES\n1. Foreign currency per US Dollar.\n2. US Dollar per unit of foreign currency.\n \n \n \n21 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \nForeign\nLoans & \nContigent\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvnces\nAssets\nAssets\nAssets\n&\nBalances\nBalances \nBalances\nwith RBZ\nBond\nCoin\nwith\nwith Other \nat\nTrade\nTreasury\nAgric PEs\nCoins\nat Banks\nRBZ\nBanks\nForeign Banks\nBills\nBills\n2015\n Jan\n0.6\n222.5\n527.9\n159.0\n182.6\n163.6\n325.7\n0.0\n1,581.9\n \n21.4\n2,796.76\n \n557.7\n360.2\n366.1\n5,684.2\n \n Feb\n0.4\n216.7\n501.2\n149.6\n183.2\n128.6\n344.6\n0.0\n1,524.2\n \n17.9\n2,792.50\n \n564.8\n325.3\n356.8\n5,581.5\n \n Mar\n0.6\n246.9\n461.4\n147.8\n222.2\n121.6\n338.0\n5.4\n1,543.8\n \n15.5\n2,925.46\n \n527.3\n352.5\n362.0\n5,726.6\n \n Apr\n0.7\n205.5\n492.8\n158.6\n218.5\n112.0\n335.1\n5.4\n1,528.6\n \n18.2\n2,967.13\n \n527.1\n364.2\n385.4\n5,790.7\n \n May\n0.7\n237.3\n495.6\n135.1\n181.0\n101.4\n622.7\n5.5\n1,779.2\n \n18.2\n2,922.70\n \n525.7\n434.2\n384.3\n6,064.3\n \n Jun\n0.8\n245.7\n570.9\n155.1\n144.7\n90.8\n750.1\n4.4\n1,962.4\n \n28.8\n2,872.55\n \n498.4\n351.0\n386.2\n6,099.4\n \n Jul\n0.9\n226.0\n544.9\n137.3\n135.3\n86.3\n770.0\n0.0\n1,900.7\n \n28.8\n2,815.04\n \n504.1\n361.1\n388.8\n5,998.5\n \n Aug\n1.0\n234.0\n523.7\n104.3\n194.7\n76.1\n786.5\n5.1\n1,925.3\n \n28.8\n2,810.06\n \n535.2\n339.9\n390.5\n6,029.6\n \n Sep\n1.0\n255.2\n551.8\n114.8\n192.9\n63.7\n764.9\n5.1\n1,949.4\n \n28.0\n2,844.13\n \n599.2\n404.6\n392.3\n6,217.7\n \n Oct\n0.9\n215.7\n536.1\n143.7\n171.5\n83.5\n808.3\n5.2\n1,964.9\n \n26.7\n2,884.16\n \n599.3\n350.6\n391.5\n6,217.0\n \n Nov\n1.2\n186.9\n526.1\n135.9\n123.5\n74.3\n871.8\n5.2\n1,924.9\n \n26.6\n2,931.49\n \n603.6\n355.3\n393.6\n6,235.5\n \n Dec\n0.7\n181.6\n542.9\n127.5\n118.6\n79.7\n1031.3\n5.2\n2,087.6\n \n20.8\n2,820.54\n \n582.0\n352.8\n396.7\n6,260.4\n \n2016\n Jan\n1.0\n172.0\n646.9\n119.2\n130.7\n76.6\n981.9\n5.2\n2,133.5\n \n20.6\n2,763.7\n \n582.8\n387.3\n396.6\n6,284.4\n \n Feb\n1.2\n140.7\n682.1\n96.3\n118.1\n21.5\n1125.6\n5.2\n2,190.7\n \n20.1\n2,680.9\n \n477.1\n390.1\n399.3\n6,158.2\n \n Mar\n1.3\n161.9\n714.2\n96.3\n156.8\n19.2\n1140.5\n5.1\n2,295.4\n \n20.3\n2,690.6\n \n430.6\n428.7\n405.1\n6,270.8\n \n Apr\n1.3\n135.5\n757.8\n135.5\n133.3\n18.7\n1198.1\n5.1\n2,385.4\n \n20.4\n2,653.4\n \n413.7\n441.1\n404.7\n6,318.6\n \n May\n1.4\n89.6\n871.6\n130.5\n110.4\n19.3\n1215.9\n5.0\n2,443.6\n \n19.8\n2,681.8\n \n397.0\n358.0\n412.6\n6,312.8\n \n June\n1.4\n108.5\n914.7\n84.6\n148.3\n19.2\n1274.4\n1.8\n2,553.0\n \n19.7\n2,669.3\n \n407.7\n358.0\n431.6\n6,439.3\n \n July\n1.4\n101.2\n972.6\n82.5\n166.0\n16.5\n1313.2\n0.0\n2,653.5\n \n20.5\n2,567.9\n \n393.2\n342.6\n440.3\n6,418.1\n \nSource:Reserve Bank of Zimbabwe, 2016\nLiquid Assets\nTABLE 7.1: COMMERCIAL BANKS - ASSETS\nSecurities\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n22 \n \n \n \n \n \nDeposits\nCapital\nContigent\nOther\nTotal\nOf which\nand\nLiablities\nLiablities\nLiabilities to the \nEnd of\nDemand\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nRBZ\nOther Banks\nReserves\nPublic\n2015\nJan\n2,056.2\n \n996.2\n561.7\n3,614.0\n \n470.1\n0.0\n79.5\n728.5\n557.7\n234.3\n5,684.2\n \n3,614.0\n \nFeb\n2,079.6\n \n876.1\n611.6\n3,567.3\n \n426.6\n0.0\n75.6\n720.3\n564.8\n227.0\n5,581.5\n \n3,567.3\n \nMar\n2,139.3\n \n940.4\n513.3\n3,593.0\n \n461.1\n0.0\n101.9\n749.7\n527.3\n293.6\n5,726.6\n \n3,593.0\n \nApr\n2,098.7\n \n943.5\n629.8\n3,672.0\n \n448.9\n0.0\n103.4\n747.4\n527.1\n291.8\n5,790.7\n \n3,672.0\n \nMay\n2,131.8\n \n1015.3\n615.3\n3,762.4\n \n574.7\n0.0\n82.4\n814.7\n525.7\n304.4\n6,064.3\n \n3,762.4\n \nJun\n2,213.2\n \n1021.9\n593.5\n3,828.7\n \n560.2\n0.8\n103.1\n814.9\n498.4\n293.2\n6,099.4\n \n3,828.7\n \nJul\n2,166.4\n \n889.7\n732.5\n3,788.6\n \n478.9\n0.8\n88.2\n813.0\n504.1\n325.0\n5,998.5\n \n3,788.6\n \nAug\n2,266.7\n \n790.9\n723.1\n3,780.7\n \n490.7\n0.0\n83.4\n825.7\n535.2\n313.9\n6,029.6\n \n3,780.7\n \nSep\n2,276.7\n \n967.6\n648.7\n3,892.9\n \n504.0\n0.0\n72.0\n828.1\n599.2\n321.5\n6,217.7\n \n3,892.9\n \nOct\n2,259.9\n \n909.3\n667.8\n3,837.0\n \n494.3\n0.0\n122.2\n841.2\n599.3\n322.9\n6,217.0\n \n3,837.0\n \nNov\n2,475.9\n \n919.4\n580.1\n3,975.4\n \n347.6\n0.0\n126.0\n845.3\n603.6\n337.5\n6,235.5\n \n3,975.4\n \nDec\n2,512.2\n \n999.0\n543.0\n4,054.2\n \n320.4\n0.0\n140.4\n866.9\n582.0\n296.5\n6,260.4\n \n4,054.2\n \n2016\nJan\n2,562.6\n \n952.2\n558.7\n4,073.5\n \n313.2\n0.0\n135.6\n871.3\n582.8\n308.0\n6,284.4\n \n4,073.5\n \nFeb\n2,545.7\n \n959.3\n572.0\n4,077.1\n \n298.9\n0.0\n126.0\n878.1\n477.1\n301.0\n6,158.2\n \n4,077.1\n \nMar\n2,653.7\n \n893.4\n680.0\n4,227.1\n \n303.1\n0.0\n135.2\n886.6\n430.6\n288.2\n6,270.8\n \n4,227.1\n \nApr\n2,675.3\n \n1008.1\n591.9\n4,275.3\n \n285.7\n0.0\n154.4\n893.9\n413.7\n295.5\n6,318.6\n \n4,275.3\n \nMay\n2,764.6\n \n1100.0\n449.7\n4,314.3\n \n300.0\n0.0\n101.3\n908.9\n397.0\n291.2\n6,312.8\n \n4,314.3\n \nJune\n2,865.3\n \n907.1\n673.1\n4,445.5\n \n272.3\n0.0\n118.6\n915.7\n407.7\n279.5\n6,439.3\n \n4,445.5\n \nJuly\n2,826.1\n \n993.3\n654.3\n4,473.7\n \n260.7\n0.0\n93.8\n922.3\n393.2\n274.4\n6,418.1\n \n4,473.7\n \nSource:Reserve Bank of Zimbabwe, 2016\nTABLE 7.2: COMMERCIAL BANKS - LIABILITIES\nUS$ Millions\nAmounts Owing to\n \n \nMONTHLY ECONOMIC REVIEW \n23 \n \n \n \n \nForeign\nLoans & \nContigent\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvnces\nAssets\nAssets\nAssets\nBond\n&\nBalances\nBalances \nBalances\nLiquid\nwith RBZ\nCoins\nCoin\nwith\nwith Other \nat\nTrade\nTreasury\nAgris Pes\nAssets\nat Banks\nRBZ\nBanks\nForeign Banks\nBills\nBills\n2015\n Jan\n0.0\n0.6\n0.3\n0.0\n0.1\n1.6\n0.0\n0.0\n2.0\n0.0\n70.2\n8.3\n19.0\n23.7\n123.8\n Feb\n0.0\n0.4\n0.2\n0.1\n0.1\n1.6\n0.0\n0.0\n2.5\n0.0\n72.0\n8.3\n19.3\n23.6\n125.7\n Mar\n0.0\n0.4\n0.1\n0.0\n0.1\n1.5\n0.0\n0.0\n2.1\n0.0\n73.3\n8.2\n18.5\n23.4\n125.5\n Apr\n0.0\n0.3\n0.1\n0.0\n0.1\n0.2\n0.0\n0.0\n0.6\n0.0\n66.7\n0.0\n10.3\n21.3\n98.9\n May\n0.0\n0.4\n0.0\n0.0\n0.0\n0.2\n0.0\n0.0\n0.6\n0.0\n67.9\n0.0\n9.6\n21.2\n99.3\n Jun\n0.0\n0.3\n0.0\n0.0\n0.0\n0.4\n0.0\n0.0\n0.7\n0.0\n68.1\n0.0\n9.7\n21.1\n99.6\n Jul\n0.0\n0.2\n1.6\n0.0\n0.0\n0.2\n0.0\n0.0\n2.0\n0.0\n67.8\n0.0\n9.2\n21.0\n100.0\n Aug\n0.0\n0.1\n1.8\n0.0\n0.0\n0.2\n0.0\n0.0\n2.0\n0.0\n60.0\n0.0\n9.3\n28.1\n99.4\n Sep\n0.0\n0.1\n2.2\n0.0\n0.0\n0.2\n0.0\n0.0\n2.5\n0.0\n59.2\n0.0\n9.2\n28.0\n98.9\n Oct\n0.0\n0.1\n2.1\n0.0\n0.0\n0.2\n0.0\n0.0\n2.4\n0.0\n59.4\n0.0\n9.1\n27.8\n98.8\n Nov\n0.0\n0.1\n2.0\n0.0\n0.0\n0.2\n0.0\n0.0\n2.4\n0.0\n58.5\n0.0\n9.5\n20.6\n91.0\n Dec\n0.0\n0.1\n1.6\n0.0\n0.0\n0.2\n0.0\n0.0\n1.9\n0.0\n59.8\n0.0\n9.4\n20.5\n91.6\n2016\n Jan\n0.0\n0.1\n1.9\n0.0\n0.0\n0.2\n0.0\n0.0\n2.2\n0.0\n60.7\n0.0\n9.3\n20.3\n92.5\n Feb\n0.0\n0.1\n0.9\n1.1\n0.0\n0.2\n0.0\n0.0\n2.3\n0.0\n61.6\n0.0\n9.2\n20.2\n93.2\n Mar\n0.0\n0.1\n1.9\n0.0\n0.0\n0.2\n0.0\n0.0\n2.3\n0.0\n62.0\n0.0\n9.3\n20.1\n93.6\n Apr\n0.0\n0.2\n0.7\n1.1\n0.0\n0.2\n0.0\n0.0\n2.2\n0.0\n62.3\n0.0\n9.4\n19.9\n93.8\n May\n0.0\n0.1\n0.9\n1.2\n0.0\n0.2\n0.0\n0.0\n2.4\n0.0\n62.7\n0.0\n9.3\n19.8\n94.2\n June\n0.0\n0.1\n0.9\n1.2\n0.0\n0.4\n0.0\n0.0\n2.6\n0.0\n62.7\n0.0\n9.3\n19.8\n94.4\n July\n0.0\n0.1\n1.8\n0.6\n0.0\n0.2\n0.0\n0.0\n2.7\n0.0\n63.4\n0.0\n9.2\n19.8\n95.1\nSource:Reserve Bank of Zimbabwe, 2016\nUS$ Millions\nTABLE 8.1 : ACCEPTING HOUSES - ASSETS\nLiquid Assets\nSecurities\n \n \nMONTHLY ECONOMIC REVIEW \n24 \n \n \nOf which\nDeposits\nCapital\nContigent\nOther\nTotal\nLiabilities to the \nand\nLiablities\nLiablities\nPublic\nEnd of\nDemand\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nRBZ\nOther Banks\nReserves\n2015\n Jan\n39.0\n40.9\n0.0\n80.0\n11.7\n0.0\n0.0\n-47.0\n8.3\n70.7\n123.8\n80.0\n Feb\n38.4\n40.4\n0.0\n78.7\n11.7\n0.0\n0.0\n-48.7\n8.3\n75.6\n125.7\n78.7\n Mar\n68.6\n12.1\n0.0\n80.7\n12.0\n0.0\n0.0\n-50.7\n8.2\n75.2\n125.5\n80.7\n Apr\n63.9\n0.0\n0.0\n63.9\n0.0\n0.0\n0.0\n-27.5\n0.0\n62.4\n98.9\n63.9\n May\n63.9\n0.0\n0.0\n63.9\n0.0\n0.0\n0.0\n-28.8\n0.0\n64.2\n99.3\n63.9\n Jun\n62.9\n0.0\n0.0\n62.9\n0.0\n0.0\n0.0\n-28.9\n0.0\n65.6\n99.6\n62.9\n Jul\n62.9\n0.0\n0.0\n62.9\n0.0\n0.0\n0.0\n-27.8\n0.0\n64.8\n100.0\n62.9\n Aug\n62.9\n0.0\n0.0\n62.9\n0.0\n0.0\n0.0\n-14.9\n0.0\n51.3\n99.4\n62.9\n Sep\n62.2\n0.0\n0.0\n62.2\n0.0\n0.0\n0.0\n-15.3\n0.0\n52.0\n98.9\n62.2\n Oct\n61.9\n0.0\n0.0\n61.9\n0.0\n0.0\n0.0\n-16.4\n0.0\n53.2\n98.8\n61.9\n Nov\n58.8\n0.0\n0.0\n58.8\n0.0\n0.0\n0.0\n-20.2\n0.0\n52.5\n91.0\n58.8\n Dec\n58.5\n0.0\n0.0\n58.5\n0.0\n0.0\n0.0\n-20.1\n0.0\n53.2\n91.6\n58.5\n2016\n Jan\n58.5\n0.0\n0.0\n58.5\n0.0\n0.0\n0.0\n-18.8\n0.0\n52.9\n92.5\n58.5\n Feb\n58.3\n0.0\n0.0\n58.3\n0.0\n0.0\n0.0\n-19.4\n0.0\n54.3\n93.2\n58.3\n Mar\n58.3\n0.0\n0.0\n58.3\n0.0\n0.0\n0.0\n-20.1\n0.0\n55.3\n93.6\n58.3\n Apr\n58.3\n0.0\n0.0\n58.3\n0.0\n0.0\n0.0\n-19.5\n0.0\n55.0\n93.8\n58.3\n May\n58.4\n0.0\n0.0\n58.4\n0.0\n0.0\n0.0\n-20.2\n0.0\n56.0\n94.2\n58.4\n June\n58.4\n0.0\n0.0\n58.4\n0.0\n0.0\n0.0\n-20.2\n0.0\n56.0\n94.2\n58.4\n July\n58.4\n0.0\n0.0\n58.4\n0.0\n0.0\n0.0\n-19.3\n0.0\n56.1\n95.1\n58.4\nSource:Reserve Bank of Zimbabwe, 2016\nAmounts Owing to\nTABLE 8.2 : ACCEPTING HOUSES - LIABILITIES\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n25 \n \n \n \n \nForeign\nMortgage\nOther\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvances\nAdvances\nAssets\nAssets\n&\nBalances \nNostro \nwith RBZ/1\nBond\nCoin\nwith Other \nBalances\nTrade\nTreasury\nAgris Pes\nCoins\nat Banks\nBanks\nBills\n2015\nJan\n0.1\n37.3\n196.0\n0.0\n0.1\n51.8\n0.0\n307.1\n0.0\n511.6\n172.1\n105.8\n126.1\n1,222.6\n \nFeb\n0.1\n32.1\n244.4\n0.0\n0.1\n51.9\n0.0\n328.6\n0.0\n522.9\n176.2\n106.8\n125.8\n1,260.2\n \nMar\n0.1\n52.4\n214.4\n0.0\n0.1\n52.0\n0.0\n319.0\n0.0\n508.7\n180.0\n122.5\n125.5\n1,255.5\n \nApr\n0.1\n32.5\n243.2\n0.0\n0.1\n60.4\n0.0\n336.3\n0.0\n520.2\n182.5\n118.3\n124.8\n1,282.0\n \nMay\n0.1\n33.6\n257.7\n0.0\n0.1\n60.1\n0.0\n351.5\n0.0\n448.7\n235.1\n137.5\n125.2\n1,298.0\n \nJun\n0.2\n59.6\n204.9\n0.0\n0.1\n60.1\n0.0\n324.8\n0.0\n464.9\n231.9\n139.4\n122.0\n1,283.0\n \nJul\n0.2\n51.6\n205.5\n0.0\n0.1\n62.9\n0.0\n320.2\n0.0\n461.5\n230.6\n133.9\n121.9\n1,268.2\n \nAug\n0.1\n53.0\n158.9\n0.0\n0.1\n76.2\n0.0\n288.4\n0.0\n482.9\n228.4\n136.0\n122.2\n1,257.9\n \nSep\n0.1\n55.4\n161.7\n0.0\n0.1\n76.0\n0.0\n293.3\n0.0\n480.4\n263.4\n125.8\n122.1\n1,285.0\n \nOct\n0.1\n45.2\n229.1\n0.0\n0.1\n76.0\n0.0\n350.5\n0.0\n494.0\n265.1\n126.0\n122.8\n1,358.4\n \nNov\n0.1\n43.6\n256.8\n0.0\n0.1\n76.1\n0.0\n376.7\n0.0\n292.0\n479.3\n131.8\n121.1\n1,400.9\n \nDec\n0.1\n27.3\n284.0\n0.0\n0.0\n76.6\n0.0\n387.9\n0.0\n317.4\n470.4\n114.7\n118.4\n1,408.8\n \n2016\nJan\n0.1\n17.4\n227.8\n10.0\n0.0\n76.6\n0.0\n331.9\n0.0\n326.9\n415.3\n145.6\n119.7\n1,339.4\n \nFeb\n0.2\n13.9\n253.5\n0.0\n0.0\n65.6\n0.0\n333.2\n0.0\n324.4\n420.2\n148.4\n119.6\n1,345.8\n \nMar\n0.2\n20.8\n266.6\n0.0\n0.0\n48.3\n0.0\n335.9\n0.0\n339.6\n399.4\n142.9\n119.4\n1,337.2\n \nApr\n0.2\n9.5\n213.7\n0.0\n0.0\n90.9\n0.0\n314.2\n0.0\n332.5\n402.2\n143.6\n119.2\n1,311.8\n \nMay\n0.1\n7.1\n220.3\n0.0\n0.0\n93.3\n0.0\n320.8\n0.0\n404.6\n341.0\n149.9\n122.9\n1,339.2\n \nJune\n0.2\n8.0\n278.0\n0.0\n0.0\n104.0\n0.0\n390.0\n0.0\n348.0\n389.4\n146.0\n119.3\n1,392.3\n \nJuly\n0.2\n8.2\n231.4\n0.0\n0.0\n101.6\n0.0\n341.4\n0.0\n341.5\n412.1\n154.8\n123.8\n1,373.5\n \nSource:Reserve Bank of Zimbabwe, 2016\nLiquid Assets\nSecurities\nTABLE 9.1 : BUILDING SOCIETIES - ASSETS\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n26 \n \nOf which\nCapital\nOther\nTotal\nLiabilities to the \nand\nLiabilities\nPublic\nEnd of\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nOther Banks\nReserves\n2015\nJan\n373.0\n397.1\n770.2\n54.6\n99.1\n267.8\n31.0\n1,222.6\n \n770.2\nFeb\n405.8\n400.3\n806.2\n53.6\n98.3\n272.9\n29.2\n1,260.2\n \n806.2\nMar\n408.1\n386.3\n794.4\n50.8\n108.8\n275.8\n25.8\n1,255.5\n \n794.4\nApr\n464.1\n364.8\n828.9\n48.3\n99.4\n276.8\n28.7\n1,282.0\n \n828.9\nMay\n472.0\n391.6\n863.6\n48.5\n87.4\n270.7\n27.8\n1,298.0\n \n863.6\nJun\n492.9\n343.9\n836.8\n48.3\n94.0\n272.9\n31.1\n1,283.0\n \n836.8\nJul\n458.3\n370.6\n828.9\n48.5\n85.8\n277.4\n27.5\n1,268.2\n \n828.9\nAug\n438.4\n386.1\n824.5\n47.6\n73.2\n282.7\n29.9\n1,257.9\n \n824.5\nSep\n498.9\n334.3\n833.2\n43.5\n84.9\n288.4\n35.0\n1,285.0\n \n833.2\nOct\n465.3\n428.4\n893.7\n42.4\n99.0\n293.6\n29.7\n1,358.4\n \n893.7\nNov\n446.1\n474.4\n920.4\n42.4\n104.3\n297.7\n36.0\n1,400.9\n \n920.4\nDec\n480.5\n463.9\n944.4\n43.0\n99.4\n293.3\n28.8\n1,408.8\n \n944.4\n2016\nJan\n447.7\n443.1\n890.7\n43.3\n74.7\n298.3\n32.3\n1,339.4\n \n890.7\nFeb\n446.8\n441.8\n888.6\n42.3\n81.6\n301.9\n31.5\n1,345.8\n \n888.6\nMar\n433.3\n449.5\n882.8\n37.0\n81.7\n289.7\n46.0\n1,337.2\n \n882.8\nApr\n495.3\n380.6\n875.9\n36.9\n75.1\n290.1\n33.9\n1,311.8\n \n875.9\nMay\n455.3\n403.8\n859.2\n36.2\n77.7\n320.7\n45.5\n1,339.2\n \n859.2\nMay\n455.3\n403.8\n859.2\n36.2\n77.7\n320.7\n45.5\n1,339.2\n \n859.2\nJune\n463.4\n443.7\n907.0\n35.4\n84.6\n319.0\n46.3\n1,392.3\n \n907.0\nJuly\n420.3\n486.9\n907.3\n35.7\n73.1\n324.1\n33.4\n1,373.5\n \n907.3\nSource:Reserve Bank of Zimbabwe, 2016\nDeposits\nTABLE 9.2 : BUILDING SOCIETIES - LIABILITIES\nUS$ Millions \nAmounts Owing to\n \n \n \n27 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \n \n \n \n \n \nMarket Capitalisation\nIndustrial\nMining\nMarket Turnover(US$)\nVolume of Shares\nUS$ Millions\n2015\nJan\n164.9\n58.1\n16,062,740.8\n57,390,451\n4,365.1\nFeb\n167.2\n55.4\n34,775,616.2\n119,324,114\n4,353.4\nMar\n158.2\n43.9\n18,903,881.0\n405,884,918\n4,117.1\nApr\n156.2\n42.9\n29,188,562.0\n563,833,853\n4,066.1\nMay\n153.0\n44.5\n23,280,422.2\n290,320,685\n3,978.1\nJun\n148.4\n44.3\n14,514,679.0\n80,441,278\n3,803.8\nJul\n145.4\n39.4\n20,419,108.0\n157,184,218\n3,812.7\nAug\n135.4\n35.3\n15,344,249.0\n76,187,436\n3,552.0\nSep\n131.9\n24.4\n18,202,232.0\n105,678,504\n3,444.5\nOct\n130.8\n23.6\n12,864,086.0\n63,758,585\n3,416.1\nNov\n117.6\n22.3\n8,947,586.0\n90,417,554\n3,141.7\nDec\n114.9\n23.7\n16,360,451.6\n183,792,940\n3,073.4\n2016\nJan\n103.0\n19.5\n10,399,904.0\n61,882,757\n2,790.4\nFeb\n99.4\n19.1\n15,556,983.0\n95,020,938\n2,692.3\nMar\n97.6\n19.4\n16,428,571.0\n97,601,725\n2,645.1\nApr\n105.8\n20.2\n14,026,917.0\n187,848,946\n2,862.6\nMay\n104.7\n25.5\n13,868,486.0\n99,055,230\n2,881.3\nJun\n101.0\n24.7\n18,064,624.0\n88,525,472.0\n2,780.9\nJul\n98.8\n25.7\n11,838,626.0\n57,222,624.0\n2,772.0\nSource:Zimbabwe Stock Exchange (ZSE),2016\nIndices\nTable 10: ZIMBABWE STOCK MARKET STATISTICS\n \n \nMONTHLY ECONOMIC REVIEW \n28 \n \n \nCommercial\nBuilding \nEnd of\nBanks\nP.O.S.B.\nSocieties\nTOTAL\n2015\nJan\n1,557.9\n86.3\n770.2\n2,455.2\nFeb\n1,487.7\n90.4\n806.2\n2,384.2\nMar\n1,453.7\n93.6\n794.4\n2,353.9\nApr\n1,573.3\n90.4\n828.9\n2,492.6\nMay\n1,630.6\n89.2\n863.6\n2,583.4\nJun\n1,615.4\n95.1\n836.8\n2,547.3\nJul\n1,622.2\n92.4\n828.9\n2,543.5\nAug\n1,514.0\n93.1\n824.5\n2,431.5\nSep\n1,616.2\n101.3\n833.2\n2,550.7\nOct\n1,577.1\n97.5\n893.7\n2,568.3\nNov\n1,499.5\n100.0\n920.4\n2,520.0\nDec\n1,542.0\n94.4\n944.4\n2,580.8\n2016\nJan\n1,511.0\n99.6\n890.7\n2,501.3\nFeb\n1,531.3\n99.2\n888.6\n2,519.2\nMar\n1,573.4\n99.6\n882.8\n2,555.8\nApr\n1,599.9\n103.9\n875.9\n2,579.7\nMay\n1,549.8\n106.1\n859.2\n2,515.1\nJune\n1,580.2\n108.3\n859.2\n2,547.7\nJuly\n1,647.7\n105.4\n907.0\n2,660.0\nSource:Reserve Bank of Zimbabwe, 2016\n1/ Comprises all deposits other than demand deposits.\nTABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n29 \n \n \n \n \n \n \n \n \n \n \n \nLiquid\nPrescribed\nExcess\nLiquid\nPrescribed\nExcess\nassets\nliquid\nliquid\nassets\nliquid\nLiquid\nEnd of\nheld\nassets/1\nassets\nheld\nassets/1\nassets\n2015\nJan\n1,581.9\n1,084.2\n497.7\n2.0\n24.0\n-22.0\nFeb\n1,524.2\n1,070.2\n454.0\n2.5\n23.6\n-21.2\nMar\n1,543.8\n1,077.9\n465.9\n2.1\n24.2\n-22.1\nApr\n1,528.6\n1,101.6\n427.0\n0.6\n19.2\n-18.6\nMay\n1,779.2\n1,128.7\n650.4\n0.6\n19.2\n-18.5\nJun\n1,962.4\n1,148.6\n813.8\n0.7\n18.9\n-18.2\nJul\n1,900.7\n1,136.6\n764.1\n2.0\n18.9\n-16.9\nAug\n1,925.3\n1,134.2\n791.0\n2.0\n18.9\n-16.9\nSep\n1,949.4\n1,167.9\n781.6\n2.5\n18.6\n-16.1\nOct\n1,964.9\n1,151.1\n813.8\n2.4\n18.6\n-16.2\nNov\n1,924.9\n1,192.6\n732.2\n2.4\n17.6\n-15.3\nDec\n2,087.6\n1,216.3\n871.3\n1.9\n17.6\n-15.6\n2016\nJan\n2,133.5\n1,222.1\n911.4\n2.2\n17.6\n-15.4\nFeb\n2,190.7\n1,223.1\n967.6\n2.3\n17.5\n-15.2\nMar\n2,295.4\n1,268.1\n1,027.2\n2.3\n17.5\n-15.2\nApr\n2,385.4\n1,282.6\n1,102.8\n2.2\n17.5\n-15.3\nMay\n2,443.6\n1,294.3\n1,149.3\n2.4\n17.5\n-15.1\nJune\n2,553.0\n1,333.6\n1,219.4\n2.6\n17.5\n-14.9\nJuly\n2,653.5\n1,342.1\n1,311.3\n2.7\n17.5\n-14.8\nSource:Reserve Bank of Zimbabwe, 2016\n1/With effect from 1 August 2011, the prescribed liquid asset ratio was reviewed from 20% to 25% of liabilities to the public. \nUS$ Millions\nTABLE 12 : ANALYSIS OF LIQUID ASSETS OF MONETARY BANKS \nCommercial Banks\n Accepting Houses\n \n \nMONTHLY ECONOMIC REVIEW \n30 \n \n \n \n \n \n \n \n \n \n \n \nMONTH \nZETSS \nCHEQUE \nPOS\nATM\nMOBILE INTERNET\n2015\nJan\n 3,659.0 \n11.8\n154.4\n311.9\n352.2\n113.5\nFeb\n 3,221.1 \n13.7\n141.8\n275.8\n334.6\n104.6\nMar\n 3,802.0 \n11.1\n132.0\n298.3\n364.7\n111.7\nApr\n 3,919.5 \n10.8\n134.0\n299.7\n341.2\n112.4\nMay\n 3,467.1 \n13.1\n128.8\n316.7\n390.0\n124.5\nJun\n 3,014.7 \n15.4\n123.5\n333.7\n438.7\n136.6\nJul\n 4,010.3 \n12.6\n154.6\n332.4\n391.0\n128.6\nAug\n 3,299.1 \n11.4\n193.4\n313.2\n391.2\n133.6\nSep\n3,762.7\n \n12.9\n131.9\n318.8\n396.3\n396.3\nOct\n 3,964.5 \n11.8\n149.4\n334.9\n434.7\n151.0\nNov\n 3,551.4 \n12.0\n130.2\n347.7\n417.0\n154.4\nDec\n 4,167.9 \n11.0\n146.6\n411.3\n477.5\n213.3\n2016\nJan\n 3,385.9 \n11.1\n137.4\n331.5\n388.9\n167.7\nFeb\n 3,448.2 \n11.9\n138.8\n312.1\n389.3\n167.9\nMar\n 3,460.2 \n11.3\n142.1\n288.8\n417.1\n255.9\nApr\n 3,564.3 \n9.7\n180.1\n247.6\n427.3\n168.3\nMay\n 3,869.2 \n10.8\n214.8\n203.3\n479.9\n217.9\nJune\n 4,522.2 \n10.3\n203.9\n131.4\n465.1\n174.1\nJuly\n 3,911.8 \n9.2\n240.0\n166.3\n491.2\n218.0\nSource:Reserve Bank of Zimbabwe, 2016\nTABLE 13.1 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY\nValues of Transactions (US$ millions)\n \n \nMONTHLY ECONOMIC REVIEW \n31 \n \n \n \n \n \n \nMONTH \nZETSS \nCHEQUE \nPOS\nATM\nMOBILE\n INTERNET\n2015\nJan\n170.8\n29.55\n 1,174.1 1,124.5 16,903.3 \n37.6\nFeb\n172.3\n32.23\n 1,140.9 1,027.9 16,160.4 \n39.9\nMar\n191.6\n30.33\n 1,183.6 1,110.2 18,211.9 \n44.5\nApr\n180.3\n26.98\n 1,151.3 1,107.5 17,269.7 \n43.6\nMay\n179.8\n27.38\n 1,052.5 1,123.8 18,684.6 \n43.2\nJun\n196.4\n31.85\n 1,121.2 1,038.2 17,478.2 \n47.2\nJul\n199.1\n34.00\n 1,288.2 1,167.4 18,670.4 \n49.4\nAug\n153.1\n28.05\n 1,373.5 1,122.2 19,750.6 \n46.5\nSep\n164.3\n31.15\n 1,196.9 1,103.9 19,133.2 \n50.4\nOct\n156.4\n30.78\n 1,295.0 1,152.8 22,166.4 \n54.0\nNov\n143.4\n32.19\n 1,206.2 1,151.3 21,390.2 \n51.3\nDec\n155.0\n27.25\n 1,359.9 1,183.6 22,904.3 \n52.6\nAnnual Total 2,062.6 \n361.73\n 14,543.3 13,413.3 228,723.3 \n560.2\n2016\nJan\n132.3\n24.6\n1328.9\n1104.4\n 19,956.1 \n49.9\nFeb\n148.4\n30.3\n1289.5\n1067.1\n 19,793.7 \n54.6\nMar\n152.5\n29.6\n1455.7\n962.9\n 21,731.5 \n61.9\nApr\n161.7\n25.0\n1962.6\n841.3\n 21,086.6 \n59.9\nMay\n199.3\n29.1\n2779.9\n675.8\n 23,293.0 \n83.2\nJune\n268.2\n33.5\n3203.8\n741.9\n 23,321.2 \n88.0\nJuly\n242.4\n31.1\n3946.3\n1052.8\n 24,538.8 \n102.7\nSource:Reserve Bank of Zimbabwe, 2016\nTABLE 13.2 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL \nVolumes of Transactions (in thousands)", "source": "SARB", "stratum": "cb_requests", "fetch_date": "2026-05-11", "url": "file:///SARB/MPC_Statements/July2016.pdf"} |