Reserve Bank of Zimbabwe (RBZ)
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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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News
Bureaux de change given leeway to increase exchange rates
As part of measures to enhance foreign currency trading by bureaux de change, the Reserve Bank of Zimbabwe (RBZ) has…
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News
Nearly US$140 million allotted on the forex auction
Almost US$140 million has been allotted since the introduction of the foreign currency exchange auction system by the Reserve Bank…
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News
Non- farmers benefited from mechanisation programme – Moyo
Some non-farmers corruptly benefitted from the government’s US$200 million 2007-2008 farm mechanisation programme bankrolled by the Reserve Bank of Zimbabwe…
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