RBZ moves in to defend currency
Resurgent inflationary pressures came at a time when authorities had been successful in taming inflation from a…
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Browsing Tag
John Mangudya
No to US dollar as sole currency: Mthuli Ncube declares
Separately, Reserve Bank of Zimbabwe governor Dr John Mangudya has said the central bank is planning to facilitate…
More jail time for economic saboteurs
The RBZ will this week meet producers and retail outlets to deliberate on solutions to weed out the black market…
Mangudya warns pharmacies
Out of the US$2 billion dispensed by the Central Bank through the auction so far, nearly US$132 million has gone…
Diaspora Power: Zimbabwe foreign currency receipts jump to US$5b
The bulk of the country’s foreign currency earnings come from export proceeds, development partner support and…
RBZ sticks with limits
The Reserve Bank of Zimbabwe (RBZ) has said it is maintaining cash withdrawal limits at levels set in February as…
Biti tears into ‘biased’ IMF report
Opposition MDC Alliance vice-president Tendai Biti has disputed the International Monetary Fund (IMF) report that…
Mbuya Nehanda makes debut on the new ZWL$50 banknote
The Reserve Bank of Zimbabwe (RBZ) has introduced a new ZWL$50 banknote, set to be in circulation on Wednesday that…
RBZ raps multiple forex bids
Some businesses have put in more than 50 bids from a single firm to access foreign currency at the Reserve Bank of…
RBZ’s $389m headache
The Reserve Bank of Zimbabwe (RBZ) will today disburse $66 million owed to cotton farmers with bank accounts for…