Business Mangudya hints at weakening of new currency Mar 11, 2019 26,309 452 Zimbabwe’s central bank governor on Monday said the exchange rate for the new transitional currency is unlikely to remain at 2.5…
Business US dollar black market rate soars Jun 28, 2018 20,282 6 HARARE- A crazed pre-election demand for the United States dollar has pushed the black market premium to an all-time high as…
Business Bond notes now at $102m Mar 17, 2017 2,368 7 By Happiness Zengeni The Reserve Bank of Zimbabwe has said bond notes in circulation have increased to $102 million as the…
Politics Mugabe backs rand adoption Feb 23, 2017 189 25 By Tendai Kamhungira President Robert Mugabe has backed Zimbabwe’s adoption of the South African rand as its main currency.…
Business Investors dump Zimbabwe Stock Exchange, flee for safety of cash Dec 13, 2016 545 1 By Gift Phiri Fund investors have been pulling out of the risky Zimbabwean stock market at an alarming pace over the last 10…
Business No pay rises this year says RBZ chief Jan 30, 2015 133 6 HARARE - The governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mangudya, has warned that workers should not expect salary…
Business Bond coins are necessary: Mangudya Dec 20, 2014 123 6 HARARE - The introduction of bond coins was a “confidence-building measure” after the hyper-inflationary and pre-dollarisation…
Business Economy suffering from negative perception: RBZ chief Jul 1, 2014 78 1 ZIMBABWE’s economy is not anywhere near collapsing, with the liquidity challenges being experienced not as tight and gloomy as…
Business Mugabe appoints new central bank boss Mar 23, 2014 314 9 President Mugabe has appointed economist and former CBZ chief executive officer Dr John Mangudya as the new Governor of the…