Tag: Foreign currency
RBZ releases US$100m to clear auction backlog
HARARE - Reserve Bank of Zimbabwe says it has cleared the allotments backlog on the foreign currency auction system after it released US$100mln into...
Zim dollar appreciates 0.15% at latest auction
HARARE – Despite the recent strengthening of the South African rand against a generally weakening dollar, street dealers have not adjusted quotes and are...
Govt approves payment of insurance and pensions in forex
Davison Kaiyo
HARARE - The government has expanded services that can be paid using foreign currency to include insurance premiums and pensions.
This was contained...
NTS volumes decline 37% on poor sales of new tyres
HARARE – National Tyre Services reported a 37% decline in volumes in third quarter to December 31, compared to the corresponding quarter in the...
