RBZ scraps charges for transactions under US$10
In a Monetary Policy Review Statement, central bank governor John Mushayavanhu stated that the action was intended to encourage the shift to digital currency.
By Tafadzwa Mhlanga
Aug. 31, 2024
The ZiG currency so far
Inflation was relatively high during that time, year-on-year weighted inflation rate for March 2024 was at 55,3% and month-on-month inflation rate was at 4,9%.
By Admire Nyabunze
Aug. 23, 2024
Ceteris Paribus: Navigating the currency crossroads
However, despite this denial, the possibility of such a policy shift lingers, leaving many sceptical.
By Tinashe Duma
Aug. 23, 2024
Mixed messaging bane for monetary authorities
RBZ was forced to restate that there was no change in the remittance policy.
By Newsday
Aug. 20, 2024
Nssa targets banks in offshore move
Afreximbank focuses on financing exports and imports, TDB supports trade and development, while AFC focuses on key infrastructure.
By Tafadzwa Mhlanga
Aug. 16, 2024
US dollar interest rates skyrocket
According to FBC Securities, this upward trend has significant implications for the economy and financial markets.
By Tatira Zwinoira
Aug. 2, 2024
Total rip off: Whip banks into line
ZTV’s show aired two days after our report detailing obstacles from ruthless charges by predatory banks was published last week on Friday.
By Shame Makoshori
Aug. 2, 2024
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
Jul. 26, 2024
‘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