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RBZ maintains key rate at 130%, calls for more ZWL taxes

HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of...

RBZ fingered in Illicit Financial Flows again

By Nkanyezi Mzila Zimbabwe Reserve Bank has once again been fingured in illicit financial flows barely three months after his office was dragged in the...

RBZ, Bakers agree to lower the bread price

HARARE - The Reserve Bank of Zimbabwe (RBZ) says the price of bread is set to come down after reaching an agreement with the...

Industry frets over delayed Auction start

Staff Writer HARARE -   The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction...

Here’s how RBZ can promote use of the local currency: (WATCH)

HARARE - The quickest way to promote ZWL is for the government to start accepting ZWL for stat obligations. Mining companies need not be...

Counterfeit ZWL$10 trillion “Noble Prize” for scientists

A group of scientists studying the effects of hanging a rhinoceros upside down have won a cash prize of a counter 10 trillion dollar...

RBZ issues two year T-bonds to raise $1.55 bln for Govt

HARARE - The Reserve Bank of Zimbabwe has issued its second two-year paper where it is seeking to raise $1.55 bln to fund government...

New $50 note hits street Wednesday

Sharon Chikwanha The Reserve Bank of Zimbabwe has introduced a new $50 note which goes into circulation tomorrow, Governor John Mangudya has announced. In a statement,...

SI127 to negatively affect informal economy: ZIMCODD

Statutory Instrument 127 of 2021, Presidential Powers (Temporary Measures) Financial Laws Amendment Regulation 2021 Social and Economic Implications On the 27th of May 2021, the government...

RBZ rings changes to mining royalties & commissions payment modalities

HARARE - For ease of administration, the Reserve Bank of Zimbabwe has announced that all commissions and royalties that are due and deductible at...

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