Reserve Bank of Zimbabwe (RBZ)
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News
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 to Transerv, Electrosales, Halsteds…
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Elite Byo school in shock fees demand
Some parents with children at Masiyephambili Junior School in Bulawayo have accused the learning institution of currency manipulation after it…
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RBZ goes after schools and pharmacies involved in currency manipulation
The Reserve Bank of Zimbabwe (RBZ) has flagged schools and pharmacies for currency manipulation warning they risk having their bank…
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Indigenous fuel traders cry foul over unfair policies
By Tinashe Mungazi Indigenous fuel traders are crying foul over what they say is an uneven and unfair playing field…
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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 banks to report individuals…
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‘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 biggest challenge was criminal…
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Chicken Inn under RBZ investigation for US$1-ZW$200 pricing rate
ZIMBABWE’s fast-food chain, Simbisa Brands Limited (Simbisa) is under investigation on charges of currency manipulation, the Reserve Bank of Zimbabwe (RBZ) said.…
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Blame price hikes on economic saboteurs, Minister defends SI 127
Minister of Finance and Economic Development Professor Mthuli Ncube has down played concerns raised by citizens that Statutory Instrument (SI)…
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Forex users to pay more for local products
Zimbabweans who buy local products using foreign currency will pay more following the gazetting of the controversial Statutory Instrument (SI)…
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‘Govt has stopped borrowing from RBZ’
Zimbabwe’s government has stopped borrowing funds from the Reserve Bank of Zimbabwe (RBZ), claimed Finance and Economic Development Minister, Professor…
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