HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third time since the set-up of the Monetary Policy Committee, to provide monetary stimulus as the...
Pride Mzarabani
HARARE - The Reserve Bank of Zimbabwe has issued Exchange Control Circular No. 3 of 2024 which seeks to tighten controls on foreign exchange transactions.
The key provision of the circular is aimed at preventing the duplication of invoices...
Sydney Kawadza
Small-scale traders should be at the heart of initiatives looking at resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, experts have said.
The experts were speaking during a joint webinar, organized the...
Simba Rushwaya/Xolisani Ncube
Government workers and their representatives have rejected the government’s US$13 equivalent of the 50 percent salary increment awarded last month.
Government on Tuesday awarded civil servants a 50 percent salary hike which translated loosely to US$13 as Zimbabwe’s...
Staff Writer
African Risk Capacity Limited chief executive officer of (ARC Ltd) Lesley Ndlovu has been named among the World Economic Forum’s Young Global Leader’s class of 2022.
Born in Filabusi, Matabeleland South, Ndlovu is an international financial services executive with...
HARARE (FinX) – At a recent analyst briefing, Mashonaland Holdings managing director Gibson Mupfidza said that the real estate company was going to focus on diversification as it seeks to consolidate its portfolio and move away from traditional areas...
HARARE – Month on month inflation continued its gradual deceleration in September, falling to 17.7% from 18.07% reported at the close of August. Meanwhile the implied annual inflation rate now stands at 353% from 289% at the end of...
Staff Writer
Swiss-based oil firm Gunvor was hounded out of the Zimbabwean fuel market by 'underworld fuel mafia cartels' despite having signed a binding contract with National Oil Company (NOIC) to supply fuel for...
Farai Mabeza
HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecocash, the company’s chief executive officer Natalie Jabangwe and director Eddie Chibi, who is...
Harare - The Reserve Bank Governor John Mangudya has issued a statement refuting claims that the state coffers have run dry of United States Dollars
“The Reserve Bank of Zimbabwe (the bank) wishes to advise and reassure the public that...
