Zimbabwe central bank leaves rates unchanged, bullish on inflation

HARARE (Reuters) - Zimbabwe’s central bank left its benchmark interest rate at 35% on Monday, citing moderating inflation, as it looks to print more local currency...

Zimbabwe Central Bank to Settle $1.2 Billion of Legacy Debt

The Reserve Bank of Zimbabwe approved the payment of $1.2 billion in legacy debt, but rejected claims for...

Zimbabwe freezes Chinese firm’s account over currency manipulation

HARARE (Reuters) - Zimbabwe’s central bank has frozen an account of a Chinese company it accused...

Zimbabwe’s economy is hobbled by a clash of egos

At the heart of Zimbabwe’s economic paralysis is a personality clash....

‘Where’s the money?’: Zimbabwe’s new banknotes fail to arrive

Banks say there is no communication from central bank on fresh tender intended to ease cash...

Zimbabwe introduces new currency, but here’s why it won’t help

Zimbabwe’s yet-to-be-named currency targets the liquidity shortages in the Southern African country, giving the central bank...

New Currency In 2 Weeks – Mangudya Drops Bombshell

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has just announced that the central bank...

Zimbabweans forking out for cash as crunch worsens

Cash-starved Zimbabweans are forking out premiums as high as 55% to get cash on the black...

Zimbabwe hikes interest rate to 70% to help plummeting currency

Zimbabwe’s central bank raised its main interest rate to 70% to stabilize a plummeting currency and...

Zimbabwe Establishes Monetary Policy Committee in Stability Bid

Zimbabwean Finance Minister Mthuli Ncube established a Monetary Policy Committee in his latest attempt to stabilize...

Governor clarifies Statutory Instrument 142 of 2019

NANGO Board Chairperson, Ronika Mumbire, led a delegation that met the Governor of the Reserve Bank,...

In Zimbabwe, risk perception trumps orthodoxy as inflation soars

JOHANNESBURG (Reuters) - Zimbabwe’s Finance Minister Mthuli Ncube seems to be doing everything by the book...

Zimbabwe poised to raise public workers pay again

HARARE (Reuters) - The Zimbabwean government is ready to raise civil servants’ pay for the second...

Zimbabwe to allow U.S. dollar cash withdrawals from some accounts

HARARE (Reuters) - Zimbabweans will be allowed to withdraw up to 1,000 U.S. dollars in cash...

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