Central bank seeks to absorb excess liquidity
This initiative is part of its ongoing efforts to tighten monetary policy and curb money supply growth.
By Melody Chikono
21h ago
‘Drip feeding strategy smashes economic growth momentum’
Reserve Bank of Zimbabwe governor John Mushayavanhu said this week in an interview with Reuters: “Confidence can only come with us walking the talk”.
By Tafadzwa Mhlanga and Gamuchirai Nyamuziwa
Jul. 19, 2024
Authorities must stay the course on ZiG stability
The revisions consider the significant and urgent downside impacts of the El Nino-induced drought on the economy that authorities had initially underestimated.
By Zvikomborero Sibanda
Jul. 12, 2024
Ceteris Paribus: The ZiG’s precarious position, possibility of global recognition
Investors and ordinary citizens alike hesitate to embrace a currency tied to an institution with a tarnished track record.
By Tinashe Duma
Jun. 28, 2024
Banks downplay ZWG shortages
The Reserve Bank of Zimbabwe switched to the Zimbabwe Gold currency after abandoning the rapidly depreciating Zimbabwe dollar.
By Tatira Zwinoira and Blessed Ndlovu
Jun. 28, 2024
RBZ dragged to court over forex
A number of suspected forex dealers and ordinary Zimbabweans have since been arrested while transacting on the streets.
By Desmond Chingarande
Jun. 21, 2024
US$150m assets seized in crackdown
In 2020, Zimbabwe’s Unexplained Wealth Orders were enacted into law through an insertion of a new provision into the Money Laundering and Proceeds of Crime Act of 2013.
By Tinashe Kairiza
Jun. 14, 2024
‘ZiG powerless to fight cost-push inflation’
In April, RBZ governor John Mushayavanhu introduced a new currency, Zimbabwe Gold (ZiG), which is backed by gold and forex as part of measures to stabilise the economy.
By Tatira Zwinoira
Jun. 7, 2024
Zinara on course to clearing DBSA debt
Manyaya also revealed that they had managed to resolve 66 issues raised in the forensic audit.
By Harriet Chikandiwa
Jun. 4, 2024
