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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News
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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News
‘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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News
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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News
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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News
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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News
‘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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COVID19
‘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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News
‘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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News
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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