Reserve Bank of Zimbabwe (RBZ)
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News
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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‘Diaspora remittances overtake foreign aid’
Diaspora remittances have overtaken foreign aid, as Zimbabweans abroad sent home over US$1 billion in 2020, the highest ever contribution…
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‘Auction exchange rate fuelling price distortions’
The government’s foreign currency auction-determined exchange rate of the United States dollar against the local currency is to blame for…
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New ZWL$50 notes coming out soon: RBZ
The Reserve Bank of Zimbabwe (RBZ) has said the new ZWL$50 notes will be soon released as part of measures…
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