SA Firm Drags Gono To Court Over US$3m Debt; Biti represents ex-RBZ boss

FORMER Reserve Bank of Zimbabwe (RBZ) governor, Gideon Gono has been dragged to court for failing to settle a decade-old debt of US$3 million owed to...

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...

Finance Minister Directs Banks To Pay Workers’ USD Bonuses Free Of Charge

The Minister of Finance and Economic Development, Professor Mthuli Ncube has directed local banks to pay...

Economist Warns Against Issuance Of US Dollar-denominated Salaries

Top economist, Vince Musewe has warned against the issuance of US dollar-denominated salaries saying the move...

FULL TEXT: Government Introducing Local Currency (ZWL) Fuel

The Zimbabwe Energy Authority (ZERA) has said the government is intending to introduce a programme for...

“Parallel Market Forex Rate Could Hit 400 By December”

Former Finance Minister Tendai Biti says the foreign currency parallel market will spiral out of control...

RBZ Auction: Forex Allotments June 2020 – September 2021

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

IMF Revises Zimbabwe’s Growth For 2021 Downwards

The International Monetary Fund has revised Zimbabwe’s growth for this year downwards from 6% to 5.1%. ...

RBZ to clamp down on accounts that swipe RTGS in exchange for USD

The Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU) has put out a directive for...

‘Criminal syndicates in charge of forex auction system’

Citizens are failing to access foreign currency at the prevailing auction rate, with some noting that the...

RBZ Investigating Bakers Inn For “Pegging Zimbabwe Dollar At ZWL$200: US$1”

The Reserve Bank of Zimbabwe (RBZ) has said it is investigating allegations that Bakers Inn, a...

Zimbabwe Sees Inflation as High as 53% at Year-End:

(Bloomberg) -- Zimbabwe’s central bank has revised its year-end inflation outlook for a third time, to as...

Businesses Were Naive To Accept RBZ’s Forex Auction System -Full Thread

A social media user with the pseudonym Tinashe @baba_nyenyedzi has posted a series of messages saying...

Contract Tobacco Farmers in Zimbabwe Say They Are ‘Drowning in Debt’

When John Ruvanga started growing tobacco for the Zimbabwean subsidiary of China’s state cigarette company in...

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