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The Tagwirei Files, Article 1 of 12

Africa, Power & Influence, Policy Intelligence, Business Leaders, Economics, Policymakers, Rankings, PowerList Africa

The Tagwirei Files, Article 1 of 12

In 2009, BP and Shell sold their joint Zimbabwean operation. In 2010, Caltex followed. By 2015, three of the four largest international oil companies had abandoned Zimbabwe's downstream fuel market, surrendering over 130 service stations and the logistical backbone that had fuelled the country's transport, agriculture,

By Acie Lumumba, Imani Leviston
ZiG Procurement Mandate Is Zimbabwe's First Demand-Side De-Dollarization Play — And the Numbers Say It Might Work

Africa, Power & Influence, Policy Intelligence, Business Leaders, Economics, Policymakers, Rankings, PowerList Africa

ZiG Procurement Mandate Is Zimbabwe's First Demand-Side De-Dollarization Play — And the Numbers Say It Might Work

Treasury Circular No. 4 of 2026 makes ZiG the sole payment currency for all government suppliers. With inflation at 3.8%, reserves at US$1.2bn, and an IMF SMP in place, Zimbabwe is attempting something it has never tried: de-dollarizing from strength rather than desperation.

By Acie Lumumba, Imani Leviston
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