Reserve Bank of Zimbabwe

Latest articles

18h
New Zimbabwe
SMM saga: Letter to RBZ chairpersonas a consequence of the operation of the laws referred to above. It is only wh
New Zimbabwe / Posted 18 hours ago
as a consequence of the operation of the laws referred to above. It is only when I read of the involvement of you as the Reserve Bank of Zimbabwe Chairperson in the affairs of SMM that I was naturally ignited and inspired to write this open... Read more
1d
AllAfrica.com
Hotels Don't Change Linen - Says Central Bank Bosslamented the fall of standards in the sector while announcing a $15m tourism de
AllAfrica.com / Posted yesterday
lamented the fall of standards in the sector while announcing a $15m tourism development facility put together by the Reserve Bank of Zimbabwe (RBZ) "You need to improve your hotels and safaris," said the central bank chief. "I won't say... Read more
3 related articles
1d
AllAfrica.com
Hotels Don't Change Bed Sheets - RBZlamented the fall of standards in the sector while announcing a $15m tourism de
AllAfrica.com / Posted yesterday
lamented the fall of standards in the sector while announcing a $15m tourism development facility put together by the Reserve Bank of Zimbabwe (RBZ) "You need to improve your hotels and safaris," said the central bank chief. "I won't say... Read more
3 related articles
1d
New Zimbabwe
Zim hotels don’t change bed sheets: RBZlamented the fall of standards in the sector while announcing a $15m tourism de
New Zimbabwe / Posted yesterday
lamented the fall of standards in the sector while announcing a $15m tourism development facility put together by the Reserve Bank of Zimbabwe (RBZ) “You need to improve your hotels and safaris,” said the central bank chief. “I won’t say... Read more
3 related articles
2d
New Zimbabwe
Zim hotels don’t change bed sheets: RBZlamented the fall of standards in the sector while announcing a $15m tourism de
New Zimbabwe / Posted 2 days ago
lamented the fall of standards in the sector while announcing a $15m tourism development facility put together by the Reserve Bank of Zimbabwe (RBZ) “You need to improve your hotels and safaris,” said the central bank chief. “I won’t say... Read more
3 related articles
2d
AllAfrica.com
There Is Enough Cash in the Economy - Chinamasawhatsoever for fuel importers to have a three or four tier price system as they
AllAfrica.com / Posted 2 days ago
whatsoever for fuel importers to have a three or four tier price system as they are being allocated foreign currency by the Reserve Bank of Zimbabwe (RBZ). Chinamasa said he was confident that the economy will grow up to 4, 5 percent this year up... Read more
2d
AllAfrica.com
Foreigners Shun Plastic MoneyIN March 2016, the Reserve Bank of Zimbabwe governor John Mangudya called for a
AllAfrica.com / Posted 2 days ago
IN March 2016, the Reserve Bank of Zimbabwe governor John Mangudya called for an 80% cashless society in the next five years in order to move the country away from its heavy reliance on cash. Yet, nearly two years into Mangudya's directive on the... Read more
2d
New Zimbabwe
Zim has enough cash: Chinamasawhatsoever for fuel importers to have a three or four tier price system as they
New Zimbabwe / Posted 2 days ago
whatsoever for fuel importers to have a three or four tier price system as they are being allocated foreign currency by the Reserve Bank of Zimbabwe (RBZ). Chinamasa said he was confident that the economy will grow up to 4, 5 percent this year up... Read more
4d
New Zimbabwe
RBZ bailout fires fertiliser firmSABLE Chemical Industries (Sable) has commended the financial intervention with
New Zimbabwe / Posted 4 days ago
SABLE Chemical Industries (Sable) has commended the financial intervention with the foreign currency by the Reserve Bank of Zimbabwe (RBZ) late last year saying it has helped the company ramp up production. The Central Bank last year bailed out a... Read more
5d
AllAfrica.com
Central Bank Warns on Bitcoinauthority on the back of an unprecedented rise to prominence, both locally and
AllAfrica.com / Posted 5 days ago
authority on the back of an unprecedented rise to prominence, both locally and globally, of the cryptocurrencies. "The Reserve Bank of Zimbabwe wishes to advise members of the public that the use and trading in cryptocurrencies and virtual... Read more
5d
AllAfrica.com
Small-Scale Gold Miners Upstage Big Mineswith more than one million people involved in small-scale and artisanal mining
AllAfrica.com / Posted 5 days ago
with more than one million people involved in small-scale and artisanal mining in the sub-sector. Consequently, the Reserve Bank of Zimbabwe (RBZ), recognising the pivotal role played by small-scale mining in Zimbabwe, has embarked on a... Read more
5d
AllAfrica.com
Reserve Bank of Zimbabwe Dismisses Documents As FakeThe Reserve Bank of Zimbabwe (RBZ) has distanced itself from fake documents cir
AllAfrica.com / Posted 5 days ago
The Reserve Bank of Zimbabwe (RBZ) has distanced itself from fake documents circulating on social media purporting to be confirmation of negotiations between the central bank and a South African company for $5 billion liquidity support to Zimbabwe.... Read more
6d
New Zimbabwe
Court: Bail relief for disgraced Chombothe reporting conditions to once a day. The minister was however reminded that
New Zimbabwe / Posted 6 days ago
the reporting conditions to once a day. The minister was however reminded that he is still barred from visiting the Reserve Bank of Zimbabwe and the offices of the local government ministry. Chombo’s passport, the title deeds to his house... Read more
5 related articles
8d
AllAfrica.com
'Water Treatment Chemicals Available Locally'water treatment and save the country millions of dollars in foreign currency.
AllAfrica.com / Posted 8 days ago
water treatment and save the country millions of dollars in foreign currency. As previously reported by The Herald, The Reserve Bank of Zimbabwe (RBZ) pledged to avail $2,5 million per month of foreign currency to Harare City Council for the... Read more
8d
AllAfrica.com
Farmers Get More Inputssaid fertiliser companies recently imported fertiliser after receiving a substa
AllAfrica.com / Posted 8 days ago
said fertiliser companies recently imported fertiliser after receiving a substantial amount of foreign currency from the Reserve Bank of Zimbabwe. "We have imported a significant amount of fertiliser for this summer cropping season after we... Read more
9d
AllAfrica.com
Exports the Salvation for Zim Economy - RBZproductivity for export growth and economic turnaround, central bank governor D
AllAfrica.com / Posted 9 days ago
productivity for export growth and economic turnaround, central bank governor Dr John Mangudya said. According to the Reserve Bank of Zimbabwe governor, exports "are the salvation for this economy", yet the country continues to consume much... Read more
9d
AllAfrica.com
Chombo Seeks Soft Bail Termswas prohibited from visiting the Local Government, Public Works and National Ho
AllAfrica.com / Posted 9 days ago
was prohibited from visiting the Local Government, Public Works and National Housing Ministry offices and the Reserve Bank of Zimbabwe until the matter is finalised. In his application, Prof Madhuku said at the time of his bail... Read more
5 related articles
10d
AllAfrica.com
'Junta' Feasting On RBZ Coffers, Says Zhuwaono such spoils of robbery and piracy. What is in effect happening is that cash
AllAfrica.com / Posted 10 days ago
no such spoils of robbery and piracy. What is in effect happening is that cash resources are being commandeered from the Reserve Bank of Zimbabwe ostensibly for 'operations' but, in reality, to appease restless elements who did not get the... Read more
4 related articles
10d
New Zimbabwe
ED Junta ransacking RBZ – Zhuwao claimsno such spoils of robbery and piracy. What is in effect happening is that cash
New Zimbabwe / Posted 10 days ago
no such spoils of robbery and piracy. What is in effect happening is that cash resources are being commandeered from the Reserve Bank of Zimbabwe ostensibly for ‘operations’ but, in reality, to appease restless elements who did not get the... Read more
4 related articles
10d
New Zimbabwe
Zhuwao Brief Reloaded: 2018Resistanceno such spoils of robbery and piracy. What is in effect happening is that cash
New Zimbabwe / Posted 10 days ago
no such spoils of robbery and piracy. What is in effect happening is that cash resources are being commandeered from the Reserve Bank of Zimbabwe ostensibly for “operations” but in reality to appease restless elements who did not get the expected... Read more
4 related articles
11d
New Zimbabwe
Zim: What will it take to fix the mess?a web of subsidies for the businesses of key allies. To keep funds flowing in
New Zimbabwe / Posted 11 days ago
a web of subsidies for the businesses of key allies. To keep funds flowing in the absence of real growth, he ordered the Reserve Bank of Zimbabwe (RBZ) to print money, leading to hyperinflation on a scale reminiscent of the Weimar Republic. In... Read more
12d
AllAfrica.com
Harare's Water Woes, Government Responsible - Says MDCyear after disgusting images and videos of dirty water circulated on social med
AllAfrica.com / Posted 12 days ago
year after disgusting images and videos of dirty water circulated on social media leaving residents seething with anger. Reserve Bank of Zimbabwe Governor John Mangudya then immediately announced that the city would get foreign currency to... Read more
12d
AllAfrica.com
Man Arrested in Australia for Stealing Z$100 Trillion Billdecided to tame the inflation beast by feeding it. The higher inflation spiked,
AllAfrica.com / Posted 12 days ago
decided to tame the inflation beast by feeding it. The higher inflation spiked, the bigger the denomitations minted by the Reserve Bank of Zimbabwe (RBZ) under then governor Gideon Gono. By the time inflation peaked at an estimated 500 billion... Read more
6 related articles
12d
AllAfrica.com
Digital Money Must Be Cheap, Efficientcost of a transaction, especially a small transaction using a card. Here the Mi
AllAfrica.com / Posted 12 days ago
cost of a transaction, especially a small transaction using a card. Here the Ministry of Finance and Economic Planning, the Reserve Bank of Zimbabwe and commercial banks need to look hard at how to get card charges down to at least those now... Read more
12d
New Zimbabwe
Australia: Man steals Z$100 trillion; arresteddecided to tame the inflation beast by feeding it. The higher inflation spiked,
New Zimbabwe / Posted 12 days ago
decided to tame the inflation beast by feeding it. The higher inflation spiked, the bigger the denomitations minted by the Reserve Bank of Zimbabwe (RBZ) under then governor Gideon Gono. By the time inflation peaked at an estimated 500 billion... Read more
6 related articles
12d
New Zimbabwe
Filthy Hre water govt’s babyyear after disgusting images and videos of dirty water circulated on social med
New Zimbabwe / Posted 12 days ago
year after disgusting images and videos of dirty water circulated on social media leaving residents seething with anger. Reserve Bank of Zimbabwe Governor John Mangudya then immediately announced that the city would get foreign currency to... Read more
15d
AllAfrica.com
'Parallel Market Driving Price Increases'Most businesses that produce or import basic products are struggling to obtain
AllAfrica.com / Posted 15 days ago
Most businesses that produce or import basic products are struggling to obtain foreign currency under the Reserve Bank of Zimbabwe priority list, forcing importers to resort to parallel markets, where they get it at steep premiums, now driving the... Read more
15d
AllAfrica.com
Reserve Bank Pledges U.S.$2.5 Million Monthly for Harare Water TreatmentThe Reserve Bank of Zimbabwe (RBZ)has come to the rescue of Harare residents af
AllAfrica.com / Posted 15 days ago
The Reserve Bank of Zimbabwe (RBZ)has come to the rescue of Harare residents after it pledged to avail $2,5 million monthly to Harare City Council for the purchase of water treatment chemicals. The bank also made foreign currency payments to two... Read more
15d
AllAfrica.com
Source Your Own Forex, Bimha Tells ProducersMinister Mike Bimha said producers must look at ways of sourcing the much neede
AllAfrica.com / Posted 15 days ago
Minister Mike Bimha said producers must look at ways of sourcing the much needed foreign currency rather than wait for Reserve Bank of Zimbabwe (RBZ) allocations as doing so affects their operations. "We do have a problem of forex and the... Read more
15d
New Zimbabwe
Source your own forex, Bimha tells producersMinister Mike Bimha said producers must look at ways of sourcing the much neede
New Zimbabwe / Posted 15 days ago
Minister Mike Bimha said producers must look at ways of sourcing the much needed foreign currency rather than wait for Reserve Bank of Zimbabwe (RBZ) allocations as doing so affects their operations. “We do have a problem of forex and the... Read more
17d
New Zimbabwe
Harare bad water: RBZ to the rescueTHE Reserve Bank of Zimbabwe has released foreign currency to the Harare City C
New Zimbabwe / Posted 17 days ago
THE Reserve Bank of Zimbabwe has released foreign currency to the Harare City Council's water treatment chemicals suppliers a day after Mayor Bernard Manyenyeni was berated by residents over the quality of water. Manyenyeni was forced to make a... Read more
20d
New Zimbabwe
Currency madness drives price hikesof Zimbabwe Retailers president Denford Mutashu. Importing require local firms
New Zimbabwe / Posted 20 days ago
of Zimbabwe Retailers president Denford Mutashu. Importing require local firms to be well oiled with foreign currency and Reserve Bank of Zimbabwe allocated $600 million in October under nostro stabilisation to cushion procurement of critical raw... Read more
25d
New Zimbabwe
RBZ: Don’t quiz those returning the lootPEOPLE who are returning externalised funds and assets who should not be questi
New Zimbabwe / Posted 25 days ago
PEOPLE who are returning externalised funds and assets who should not be questioned, the Reserve Bank of Zimbabwe (RBZ) has instructed local banks. This comes after President Emmerson Mnangagwa last month gave individuals and corporates a... Read more
26d
AllAfrica.com
RBZ Avails $50k to Masvingo CouncilThe Reserve Bank of Zimbabwe (RBZ) has availed $50 000 to Masvingo City Council
AllAfrica.com / Posted 26 days ago
The Reserve Bank of Zimbabwe (RBZ) has availed $50 000 to Masvingo City Council for eight utility vehicles that are expected to help the local authority improve its service delivery. According to the latest minutes from a full council meeting... Read more
26d
AllAfrica.com
Time Bank to Reopen, Says RBZwas cancelled in 2006 is set to resume operations soon after an agreement was r
AllAfrica.com / Posted 26 days ago
was cancelled in 2006 is set to resume operations soon after an agreement was reached between the institution and the Reserve Bank of Zimbabwe (RBZ). The commercial bank was put under curatorship between 2004 and 2006 by RBZ following a probe... Read more
26d
AllAfrica.com
Central Bank Warns Against Use of BitcoinHarare — The Reserve Bank of Zimbabwe (RBZ) on Thursday warned the public again
AllAfrica.com / Posted 26 days ago
Harare — The Reserve Bank of Zimbabwe (RBZ) on Thursday warned the public against the use of virtual currencies such as Bitcoin because of the risks involved. In a statement, RBZ governor John Mangudya noted that the use of virtual currencies or... Read more
26d
AllAfrica.com
Thousands Throng to Meet Mnangagwa in South Africahas made it clear that the Diaspora is an important part of the team and the la
AllAfrica.com / Posted 26 days ago
has made it clear that the Diaspora is an important part of the team and the latter seem to be enjoying the new mood. The Reserve Bank of Zimbabwe Governor Dr John Mangudya has said that the central bank recognises Diaspora remittances as a key... Read more
26d
New Zimbabwe
Time Bank Zimbabwe to reopen: RBZwas cancelled in 2006 is set to resume operations soon after an agreement was r
New Zimbabwe / Posted 26 days ago
was cancelled in 2006 is set to resume operations soon after an agreement was reached between the institution and the Reserve Bank of Zimbabwe (RBZ). The commercial bank was put under curatorship between 2004 and 2006 by RBZ following a probe... Read more
26d
New Zimbabwe
RBZ warns against use of BitcoinHARARE: The Reserve Bank of Zimbabwe (RBZ) on Thursday warned the public agains
New Zimbabwe / Posted 26 days ago
HARARE: The Reserve Bank of Zimbabwe (RBZ) on Thursday warned the public against the use of virtual currencies such as Bitcoin because of the risks involved. In a statement, RBZ governor John Mangudya noted that the use of virtual currencies or... Read more
28d
AllAfrica.com
Bleak Christmas Predicted As Prices Soarqueues still the order of the day. The USD has continued to be traded on the bl
AllAfrica.com / Posted 28 days ago
queues still the order of the day. The USD has continued to be traded on the black market where most businesses claim they are getting the forex for the importation of goods and raw materials as the Reserve Bank of Zimbabwe struggles to supply... Read more
29d
AllAfrica.com
Bread Price Hike - Govt Intervenesof this meeting was to dialogue with different stakeholders on the prices of br
AllAfrica.com / Posted 29 days ago
of this meeting was to dialogue with different stakeholders on the prices of bread and to agree on the way forward." Reserve Bank of Zimbabwe (RBZ), Confederation of Zimbabwe Industries (CZI), Grain Millers Association of Zimbabwe (GMAZ),... Read more
2 related articles
m
AllAfrica.com
Externalisation - Mnangagwa to Crack the Whipmost cases the amounts were so big and suspicious such that they would force fo
AllAfrica.com / Posted 1 months ago
most cases the amounts were so big and suspicious such that they would force foreign central banks to notify the Reserve Bank of Zimbabwe (RBZ) of payments in case the money was laundered. So the RBZ has a record of all the transactions... Read more
m
Eye Witness News
For first time in years: Zim state workers to get December salaries on timeto pay its workers on time due to cash shortages and a failed economy. FILE: A
Eye Witness News / Posted 1 months ago
to pay its workers on time due to cash shortages and a failed economy. FILE: A man holds a bond note released by the Reserve Bank Of Zimbabwe in Harare central business centre. Picture: AFP. JOHANNESBURG - Zimbabwean state workers have... Read more
m
AllAfrica.com
I Have a List of Looters, Warns President MnangagwaMnangagwa crew in the succession war. Mnangagwa and the army claim that Mugabe
AllAfrica.com / Posted 1 months ago
Mnangagwa crew in the succession war. Mnangagwa and the army claim that Mugabe had been captured by the G40. According to Reserve Bank of Zimbabwe deputy governor, Khuphukile Mlambo, the money held by Zimbabweans in offshore accounts rose to $1... Read more
m
New Zimbabwe
I have a list of looters, warns presidentMnangagwa crew in the succession war. Mnangagwa and the army claim that Mugabe
New Zimbabwe / Posted 1 months ago
Mnangagwa crew in the succession war. Mnangagwa and the army claim that Mugabe had been captured by the G40. According to Reserve Bank of Zimbabwe deputy governor, Khuphukile Mlambo, the money held by Zimbabweans in offshore accounts rose to $1... Read more
m
AllAfrica.com
I Have a List of the Looters, Says MnangagwaGazette on Thursday reported that money held by Zimbabweans in offshore banks r
AllAfrica.com / Posted 1 months ago
Gazette on Thursday reported that money held by Zimbabweans in offshore banks rose to $1 billion last year, citing Reserve Bank of Zimbabwe (RBZ) deputy governor, Kupukile Mlambo. Last year, the central bank tightened controls on offshore... Read more
m
AllAfrica.com
Afreximbank Package Boosts Investor ConfidenceOver the last couple of years, one of the things that both Reserve Bank of Zimb
AllAfrica.com / Posted 1 months ago
Over the last couple of years, one of the things that both Reserve Bank of Zimbabwe governor Dr John Mangudya and Finance and Economic Development Minister Patrick Chinamasa were in agreement, was that there was lack of confidence in the economy.... Read more

In this news