Service Stations Now Taking ZiG
Some service stations across Zimbabwe have reportedly begun accepting payments in Zimbabwe Gold (ZiG), marking an early shift in fuel transactions as authorities push for wider use of the local currency introduced in April 2024.
The development, reported on April 22, 2026, suggests gradual movement in a sector that has largely depended on foreign currency. However, early adoption appears limited and controlled, with service stations reportedly restricting volumes and applying internal exchange rates.
Controlled Rollout At Service Stations
A snap survey in Bulawayo by The Herald indicates that some motorists have been able to purchase fuel using ZiG under specific conditions.
A fuel attendant, who spoke on condition of anonymity, described how the system is being handled:
“We have started accepting ZiG at our station. However, we limit transactions and mostly deal with large corporate clients that deposit funds for fuel purchases on account. While volumes are controlled, the system is working smoothly and we are serving motorists efficiently using the local currency.”
Another attendant said the process is still being monitored closely:
“Accepting ZiG has brought convenience to clients who earn in local currency. For now, we are limiting daily transactions to ensure proper monitoring and accountability.”
Exchange rates reportedly vary between service stations, meaning motorists may encounter different pricing depending on where they buy fuel.
Motorists And Industry React
Some motorists who spoke during the survey welcomed the development, describing the process as manageable.
Mr Charles Phiri said:
“I managed to buy fuel using ZiG and the process was quite seamless. It’s a welcome development, especially for those of us who earn in local currency, although one has to be mindful of the exchange rate at each station.”
Business leaders say broader use of ZiG in key sectors could influence confidence levels over time.
Confederation of Zimbabwe Retailers president Denford Mutashu said:
“The ZiG is a national sovereign currency. Expanding its usage across sectors strengthens its demand and confirms its growing stability. Service stations that are accepting ZiG are demonstrating both confidence and progressiveness.”
Analysts Weigh In On Economic Impact
Economic analysts say the development, while still limited, may represent a gradual shift in market behaviour.
Bulawayo-based analyst Reginald Shoko explained:
“Fuel has largely been sold in foreign currency, so even limited acceptance of ZiG is a meaningful step. It reflects growing confidence and signals potential for wider adoption as stability improves.”
A monetary policy expert added:
“The increasing use of ZiG in strategic sectors such as fuel signals that the economy is steadily aligning with the Government’s vision of a stable and self-sufficient currency system.”
Reserve Bank of Zimbabwe Governor John Mushayavanhu recently acknowledged concerns about limited ZiG circulation, particularly in southern regions where foreign currencies remain dominant.
He said:
“Improving foreign exchange management systems, ensuring stable exchange rate dynamics and enhancing access to foreign currency for legitimate business needs are critical to supporting ZiG’s long-term viability.”
Despite these developments, the US dollar and South African rand continue to dominate transactions in many areas, especially within informal markets.
The post Some Service Stations Now Selling Fuel In ZiG: Report appeared first on iHarare News.
