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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

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