Zim central bank chief speaks on auction system, clarifies local currency
Farmers, gold miners and other producers who have been crying foul over the 1:25 fixed interbank exchange rate have…
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Browsing Tag
Dr John Mangudya
Toby Sithole: Zimbabweans must desist from negativity before it spreads like a…
By Toby Sithole
Last week, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, announced the introduction…
New banknotes imminent
The Reserve Bank of Zimbabwe (RBZ) will in the next few weeks introduce a new set of higher denomination banknotes…
Mangudya hints at weakening of new currency
Zimbabwe’s central bank governor on Monday said the exchange rate for the new transitional currency is unlikely to…
US dollar black market rate soars
HARARE- A crazed pre-election demand for the United States dollar has pushed the black market premium to an…
Bond notes now at $102m
By Happiness Zengeni
The Reserve Bank of Zimbabwe has said bond notes in circulation have increased to $102…
Mugabe backs rand adoption
By Tendai Kamhungira
President Robert Mugabe has backed Zimbabwe’s adoption of the South African rand as its…
Investors dump Zimbabwe Stock Exchange, flee for safety of cash
By Gift Phiri
Fund investors have been pulling out of the risky Zimbabwean stock market at an alarming pace over…
No pay rises this year says RBZ chief
HARARE - The governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mangudya, has warned that workers should not…
Bond coins are necessary: Mangudya
HARARE - The introduction of bond coins was a “confidence-building measure” after the hyper-inflationary and…