Zim heads towards full scale dollarisation
According to researchers, historical patterns demonstrate that the country is dollarising, with the US dollar accounting for the largest share of civil workers' salaries.
By Mthandazo Nyoni
23h ago
Women’s Bank under fire
In January, the Reserve Bank of Zimbabwe red flagged corporate governance standards at the financial institution and said it was working with the Women’s Bank to address them.
By Melody Chikono
23h ago
RBZ measures not enough, experts say
RBZ governor John Mangudya announced that forex retention thresholds for business had been raised to 75% from 60% on export earnings
By Tatira Zwinoira and Melody Chikono
23h ago
RBZ move on interest rates commendable
The same must be done with the RBZ’s contentious foreign currency retention policies.
By Newsday
Feb. 4, 2023
RBZ slashes policy rate
Still, at 150%, the rate remains one of the world’s most expensive.
By Freeman Makopa
Feb. 3, 2023
RBZ cuts interest rates
The announcement was made in the central bank’s February 2023 monetary policy statement (MPS) released yesterday.
By Tatira Zwinoira
Feb. 3, 2023
Of the RBZ monies to stockpile metal reserves
The RBZ will have the full discretion on which minerals to collect depending on the prevailing market prices and value of such assets.
By Vince Musewe
Feb. 3, 2023
Floating a diaspora bond: Should Zim continue borowing?
Independent estimates, however, show that over three million Zimbabweans are living abroad and the numbers continue to balloon.
By Zvikomborero Sibanda
Jan. 27, 2023
RBZ backdates royalties collection
In a statement yesterday, central bank governor John Mangudya said the measures would be implemented dating back to October 1, 2022.
By Tatira Zwinoira
Jan. 26, 2023