Zimbabwe central bank sees official, black market exchange rates converging in 3 months

HARARE (Reuters) - Zimbabwe’s central bank governor said on Tuesday he expected the official exchange rate of a new currency to converge with that on the...

Zimbabwe extends central bank governor’s term by another five years

HARARE (Reuters) - Zimbabwe’s President Emmerson Mnangagwa on Friday appointed John Mangudya for a second and...

The Reserve Bank is Sabotaging the Recovery in the Economy

When Mthuli Ncube was appointed as Minister of Finance he quickly took charge at the Ministry,...

Zimbabwean Lenders Ask Central Bank to Lift Interest-Rate Cap

Zimbabwe’s lenders, which include units of Standard Bank Group Ltd. and Ecobank Ltd., appealed to the central bank to...

So far, no pay-off for Zimbabwe

Zimbabweans have not yet seen the full benefit of the new currency introduced earlier this year....

Zimbabwe inflation quickens to 59.39 percent year/year in February

HARARE (Reuters) - Zimbabwe’s inflation rose to a new ten-year high of 59.39 percent year-on-year in...

Zimbabwe 2019 tobacco marketing season opens next week

HARARE (Xinhua) -- Zimbabwe's 2019 tobacco marketing season will open on March 20 with growers retaining...

Zimbabwe central bank head hints at more weakening of new currency

HARARE (Reuters) - Zimbabwe’s central bank governor on Monday said the exchange rate for the new...

Zimbabwe central bank denies new currency rate being fixed

HARARE (Reuters) - The head of Zimbabwe's central bank denied on Thursday that it had fixed...

Zimbabwe Central Bank Borrows $985 Million From African Bank

HARARE (Reuters) - Zimbabwe’s Reserve Bank has borrowed $985 million from African banks to purchase fuel...

Zimbabwe borrows $985 million from African banks, what you need to know…

HARARE (Reuters) – Zimbabwe’s Reserve Bank has borrowed $985 million from African banks including Mozambique’s central...

Zimbabwe sold up to $20 million to banks for trade on new forex platform

HARARE (Reuters) - Zimbabwe's central bank has sold up to $20 million to banks for trading...

‘I am guilty as charged’: Zim central bank governor on overvalued bond notes

Zimbabwe central bank governor Dr John Mangudya has admitted prejudicing the country’s exporters by exchanging their...

Former finance minister Tendai Biti reacts to new monetary policy – VIDEO

Former Finance Minister Tendai Biti reacts to the new monetary policy announced by Reserve Bank of...

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