RBZ Auction: Forex Allotments June 2020 – September 2021

The Governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mangudya has issued a statement on the foreign currency allotments under the central bank's forex...

Zimbabwe central bank to freeze bank accounts over illegal forex deals

HARARE (Reuters) - Zimbabwe's central bank has ordered banks to freeze bank accounts for two years...

Zimbabwe warns firms against ‘manipulating exchange rate’ through arbitrage

Zimbabwe's central bank Governor John Mangudya has urged large corporates to stop "manipulating the exchange rate"...

Africa, Zimbabwe Dollar (ZMW USD) News: Cash Remittances Double Vs 2020

Zimbabwe asked the African Export-Import Bank to delay the arrival of Johnson & Johnson Covid-19 vaccines...

Blame price hikes on economic saboteurs, Minister defends SI 127

Minister of Finance and Economic Development Professor Mthuli Ncube has downplayed concerns raised by citizens that...

Zimbabwe suspends maize imports after bumper harvest

HARARE (Xinhua) -- Zimbabwe has suspended maize imports this year after the country recorded a bumper...

Bank Fines, Suspensions Weighed by Zimbabwe for Currency Gouging

Zimbabwe is considering penalizing domestic banks, telecommunications operators and other businesses over what the government describes...

Zimbabwe Miners Say Foreign-Exchange Rule Could Trigger Crisis

Mining companies in Zimbabwe said a central-bank requirement compelling them to surrender more foreign exchange earned...

Zimbabwe’s 2021 Economic Prospects Not Promising: Biti

HARARE – Former Finance Minister Tendai Biti has said the country’s economic outlook for this year...

Zimbabwe central bank lets exporters hold dollars beyond 60 days

HARARE (Reuters) - Zimbabwe’s central bank on Friday reversed a decision to force exporters, including mining...

Zimbabwe embraces U.S. dollar as currency shortage continues

Zimbabwe government officials assure their citizenry and businesses that damaged, worn out, but trusted, U.S. dollars...

Zimbabwe Jan-Sept diaspora remittances up 45% y/y due to lockdowns

Zimbabwe's central bank governor said on Thursday official remittances from the diaspora were up 45% during...

Focus on Zimbabwe

Currency crisis, bad weather limits grain output in food insecure country....

Zimbabwe Moves to Eliminate Parallel Exchange Rate in New Law

Zimbabwe set new regulations to compel businesses to use a single exchange rate for pricing goods...

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