RBZ

RBZ

Business
TOBACCO sales have generated $19,4 million in the first 17 days of the marketing season this year compared to $81 million realised over the same period last year, statistics from the industry regulator have shown. ...
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RESERVE Bank of Zimbabwe Governor John Mangudya was on Thursday grilled in Parliament over disparities between the official United States dollar rates of 1:2,5 and the parallel market rate of 1:3,6 resulting in price increases of goods and services. ...
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ZIMBABWE should introduce an independent currency board which would stop the Reserve Bank of Zimbabwe (RBZ) from controlling the foreign currency exchange rate, an industry expert has said. ...
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Columnists Opinion & Editorials
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya is due to release the monetary policy and the policy position is highly anticipated against the sustained monetary related macro-economic deficiencies. As a symptom, the economy has endured a southward gravitation of the exchange rate, including a sharp loss of value through inflation. ...
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Business Slider
South African research firm, Emergent Africa, has warned the Reserve Bank of Zimbabwe against financing fiscal imbalances using Treasury Bills (TBs) and overdrafts, saying this had negative consequences on the country’s overall macro-economic stability. ...
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Business
THE Reserve Bank of Zimbabwe (RBZ) should not be involved in the management of economic variables like farming, as that would result in the central bank incurring unsustainable debts, a financial expert has said. ...
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Business
The Reserve Bank of Zimbabwe (RBZ) claims it has earned the ire of several politicians it has investigated for possible money laundering, with some of them calling to express their anger. ...
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Business
THE Reserve Bank of Zimbabwe (RBZ) is concerned with the acquisition of external loans by local companies as the repayment of such loans eats into the country’s export earnings, deputy governor Kupukile Mlambo has said. ...
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Business
The Reserve Bank of Zimbabwe (RBZ) expects to clear the backlog of foreign payments by year-end amid revelations that 80% of the unsettled transactions cover products at the top of the import priority list. ...
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National News
Reserve Bank of Zimbabwe governor, John Mangudya, has filed an application at the High Court to have the matter challenging the legality of bond notes dismissed. ...
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Business
RBZ says $5,6 billion in outstanding bills of entry has been acquitted by importers, but $200 million was still unaccounted for since the granting of the amnesty last year. ...
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News
FIRST Lady Grace Mugabe and opposition MDC-T leader Morgan Tsvangirai have been fingered as having substantially benefited from the Reserve Bank of Zimbabwe (RBZ)’s controversial $1,35 billion debt which government wants to take over. ...
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Business
ECONOMISTS and informal traders have warned that new bond coins worth $10 million that are set to make their debut tomorrow might face stiff resistance from the public ...
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Business
There are no restrictions on offshore borrowing to fund local operations, Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo has said. ...
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News
AN audit should be done on the RBZ debt and those who owe the bank should pay up as government has no capacity to take over the $1,35 billion debt. ...
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News
The Parliamentary Portfolio Committee on Finance and Economic Development this week conducted public hearings on the RBZ (Debt Assumption) Bill that is currently before the National Assembly. ...
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News
RBZ has removed restrictions on foreign investors who wanted to participate on the bond market to mobilise external finance and boost market liquidity. ...
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News
THE Ministry of Transport and Infrastructure Development has expressed concern over unregistered vehicles donated by RBZ to various institutions and individuals. ...
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News
THE AfDB says the extension of the recapitalisation deadline for banks by the RBZ is an indication of the ongoing liquidity crisis affecting the economy. ...
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National News
SOME 1 456 former RBZ workers are languishing in abject poverty as the central bank dillydallies on processing their retrenchment packages. ...
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News
FIDELITY Life Assurance of Zimbabwe has applied for a micro-banking licence to the RBZ to expand its footprint into the financial services sector. ...
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News
THE Reserve Bank of Zimbabwe (RBZ) has extended the compliance timeline for meeting minimum capital requirements for the banking sector from next year to 2020, amid indications that some banks were struggling to comply due to empowerment regulations. ...
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News
CBZ Holdings group CEO John Mangudya has warned of “some financial knock off on every bank” emanating from a raft of measures introduced by RBZ. ...
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News
UNDER-CAPITALISED banks may be forced to merge in a bid to meet revised Reserve Bank of Zimbabwe (RBZ) minimum capital requirements, a local research unit has said. ...
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News
THE RBZ governor Gideon Gono has urged the banking sector to leverage on the current developments in mobile banking as an effective distribution network for financial products to various segments of society. ...
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News
FINANCIAL institutions are now required to commit 30% of their loan book to spur growth for small and medium enterprises. ...
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News
SOFIA Machadu (not real name) is a bitter woman. ...
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News
FORMER RBZ workers have written to DPM Mutambara asking him to intervene following the failure by the central bank to pay retrenchment packages as promised. ...
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National News
The 2007 order by RBZ governor Gideon Gono, compelling all commercial banks to lodge their foreign currency accounts balances with the central bank has been ruled unlawful . ...
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News
THE Internal Institute of Auditors Zimbabwe says it is working with RBZ to ensure auditors complied with international best practise. ...
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