Zimbabwe’s merry-go-round finance measures fail to cheer up economy

New gold coins, an interest rate at 200% - among the highest in the world – and jotting down the legal currency status for US dollars...

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...

Investors excited by Zimbabwe plan to mint gold to curb inflation

President Mnangagwa is reportedly desperate to shed some of the legacy economic problems his administration inherited....

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...

IMF warns against Zimbabwe war veterans compensation

THE International Monetary Fund (IMF) has warned that the government's decision to compensate war veterans could...

Zim backtracks on shutting bank lending after firms shut facilities

The Reserve Bank of Zimbabwe has backtracked on its blanket directive to stop banks' lending activities...

Zimbabweans in diaspora not cash cows but should have their democratic rights respected!

There was much excitement in the corridors of power when it became apparent that diaspora remittances...

RBZ shuts down InnBucks

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

New alliance targets Zimbabwean remittance market

Remittances are back in the headlines with news of a recently announced partnership that is targeting...

Shutdown The Reserve Bank, Biti Tells Government

Former finance minister Tendai Biti says government must shut down the Reserve Bank of Zimbabwe (RBZ)...

RBZ Forex Beneficiaries Bemoan Delays In Disbursement Of Allocated Funds

Beneficiaries of the Reserve Bank of Zimbabwe (RBZ)’s foreign currency exchange auction have bemoaned the delays...

RBZ freezes bank accounts for 4 companies for money laundering

The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has directed banks to freeze accounts belonging...

The shaky pillars of the right to land and property

In Zimbabwe, owning your own home doesn’t necessarily mean you can use it as collateral. But...

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...

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