Gold Coin Sale Success Prompts a Second Offering in Zimbabwe

Zimbabwe’s central bank will offer 2,000 more gold coins to the public, a week after an initial sale saw “favorable uptake.”...

RBZ: “Bond Notes Never Failed, They Served Their Purpose”

The Reserve Bank of Zimbabwe (RBZ) has maintained that bond notes never failed, instead arguing that...

Zimbabwe Central Bank to Offer Gold Coins as Inflation Ravages the Country

The Reserve Bank of Zimbabwe plans to issue gold coins as a way for investors in the country...

This Zimbabwe bank has raised key rate to a record high of 200%

Governor John Mangudya announced the measure, on Monday, aimed to rein in inflation and stabilize the...

RBZ Increases Bank Policy Rate From 80% To 200% Per Annum

The Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has agreed to increase the bank’s...

RBZ tinkers with exemptions as lending ban implodes

FEARS of blocking critical funding to the country’s fragile productive sectors and the resultant negative contagion...

RBZ shuts down InnBucks

THE RESERVE Bank of Zimbabwe (RBZ) has ordered Simbisa Brands Pvt (Ltd) to stop operating its...

Teachers Demand Meeting With ED

Striking teachers have demanded an urgent meeting with President Emmerson Mnangagwa as tension between government and...

Zimbabwe’s foreign currency receipts hit record high of 9.7 bln USD in 2021

HARARE (Xinhua) -- Zimbabwe recorded its highest ever foreign currency receipts of 9.7 billion U.S. dollars...

Zimbabwe’s central bank rules out return to US dollar

Getty Images Zimbabwe’s central bank has ruled out a return to using the US dollar as...

Zimbabwe dollar’s second death seen as only a matter of time

‘No one wants to save in that currency’ – businessman....

Mangudya Ranked Among The Worst Central Bank Governors In Africa

Reserve Bank of Zimbabwe (RBZ) Governor, John Mangudya, has been ranked among the worst central bank...

Zim reserve bank maintains policy rates, eyes 60% year-end inflation

Finance Minister Mthuli Ncube has projected that Zimbabwe's economy will grow by 5.5% in 2022 compared...

RBZ Auction: Forex Allotments June 2020 – September 2021

The Governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mangudya has issued a statement...

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