The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...
The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...
The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...
Listed clothing apparel Truworths' revenue was heavily affected by the Reserve Bank of Zimbabwe (RBZ)'s 20% surrender component which compels the local companies to remit a portion on all local US$ sa...
The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...
The stock market fell on Wednesday but at a much slower pace as investors have adopted a somewhat wait and see approach until the dust settles on the ongoing currency reforms that Treasury and the Res...
The Reserve Bank of Zimbabwe and the Tobacco Industry Marketing Board have announced payment modalities to tobacco farmers although failing to meet all of the demands, which had been put forward by th...
A leading South Africa precious metals dealer African Medallion Group (AMG) has proposed to the Reserve Bank of Zimbabwe (RBZ) the launch of a digital currency backed by physical gold, with an aim to ...
The Reserve Bank of Zimbabwe released its monthly economic review documents for July 2019. The publication gives a general overview of a wide range economic statistics. The monetary statistics are a k...
RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...
The integrity of the Reserve Bank of Zimbabwe (RBZ) as the regulator of the financial services sector has come under the spotlight as the country battles cash shortages, exchange rate distortions and ...
THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fourth batch of treasury bills (TBs), this time seeking to raise ZWL$300 million to finance Government programmes. The latest...
INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...
The Reserve Bank of Zimbabwe (RBZ) has today brought back the on cash-in, cash-out and cash-back facilities attached with stringent rules.In a statement, the RBZ advised payment system providers...
THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Further, the ...
Ministers have recently issued threats against Econet's mobile money service, EcoCash, whose agents are accused of charging desperate Zimbabweans looking for cash a massive premium of up to 60 percent...
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the instrume...
The Reserve Bank of Zimbabwe in partnership with other stakeholders is working on a National Fintech Strategy and has already put in place an Interagency Fintech Working Group that is expected to play...
The Reserve Bank of Zimbabwe has directed mobile payment system providers and merchants to discontinue cash in and cash out with immediate effect while it has also directed economic agents to disconti...
PUBLIC Accounts Committee chair Tendai Biti says parliament will soon recommend the prosecution of some top Reserve Bank of Zimbabwe (RBZ) officials over the reckless issuance of treasury bills (TBs) ...
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday expressed concern over the rising cases of "fake news" which have the capacity to undermine Government efforts to transform the econo...