Zimbabwe Central Bank Creates Roadmap For CBDC Adoption.

The Governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya has disclosed that the central bank has created a roadmap for the development of a digital currency.

This, the governor said is in line with the government’s decision on the CBDC which was made in November 2021.

The Reserve Bank of Zimbabwe is currently weighing in on the idea of creating a Central Bank Digital Currency (CBDC).

Mangudya, in a monetary policy statement, said that the RBZ will allow the public to comment on a consultation paper which will be released soon.

This, he said is in addition to a consumer perception survey on CBDC which will also be carried out by the RBZ.

The findings from the two undertakings “will enable the Bank to engage in pilot programs related to CBDC.”


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