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Mixed Reactions as ZIMRA Cracks Down on Smuggling

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The Zimbabwe Revenue Authority’s (ZIMRA) latest crackdown on smuggling has sparked mixed reactions from economists, industry players, and small businesses. The operation, aimed at...

Zimbabwe’s Monetary Policy Tightens Amid Inflation Control Efforts.

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The Reserve Bank of Zimbabwe has announced a series of measures aimed at stabilizing the economy following its latest Monetary Policy Committee (MPC) meeting...

RBZ Clarifies Diaspora Remittances Policy, Dispels Misconceptions.

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The Reserve Bank of Zimbabwe (RBZ) has issued a statement to clarify misconceptions surrounding its Diaspora Remittances Policy, following the circulation of a video...

The Reserve Bank of Zimbabwe has confirmed the renaming of Standard...

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The Reserve Bank of Zimbabwe has confirmed the renaming of Standard Chartered to FBC Crown Bank. FBC announced the new name in June, after buying...

Reserve Bank of Zimbabwe Injects $50 Million to Stabilize Forex Market.

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The Reserve Bank of Zimbabwe (RBZ) has announced an injection of US$50 million into the interbank foreign exchange market to alleviate ongoing liquidity issues. ...

Breaking: RBZ Hikes Bank Rate to 3 700: US1

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The Reserve Bank of Zimbabwe has hiked the official bank rate to 3.700, closer to the parallel market rate of 4.000. A closer...

Forex Auction System Anchored On Mining And Agriculture

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The Reserve Bank of Zimbabwe says the foreign currency auction system in anchored by earning from mining and the agricultural sector. In his presentation at...

Small Scale Producers Contribute Over 60 Percent Of Gold Deliveries

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Gold deliveries to Fidelity Gold Refiners (FGR) jumped from 19 052.65 kgs delivered in 2020 to 29 629.61 kgs delivered in 2021, driven by...

Mining Is The Bedrock Of Zim Economy: RBZ

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The Reserve Bank of Zimbabwe has praised the mining sector for boosting the economy of the country saying that this year only, the central...

RBZ Speaks On Local US$ RTGS Accounts Reports.

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The Reserve Bank of Zimbabwe has dismissed social media reports that banks are opening new accounts referred to as “local USD RTGS transactions. In a...

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