John Mangudya

US dollar bounces back in Zimbabwe

Harare-Just under a year after abandoning the use of multicurrency in local transactions, the Reserve Bank of Zimbabwe has given the green light to citizens to pay for goods and services. In a statement, RBZ governor John Mangudya said the measures were
March 27, 2020

Zimbabwe to Initially Print 400 Million Zimbabwe dollars

Zimbabwe’s central bank governor John Mangudya said on Monday the southern African nation will initially print 400 million Zimbabwe dollars, which will be gradually introduced in circulation to fill gap left by end of dollarisation. He also told lawmakers in parliament that
July 1, 2019

Zimbabwe says it secures $500m loan to ease dollar shortages

Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support interbank currency trading from Monday and ease a dollar crunch that has brought fuel and medicine shortages, Governor John Mangudya said. The central bank introduced a new
May 19, 2019

Zimbabwe’s Monetary Statement pregnant with promise.

Monetary Statement by Zimbabwe’s Governor is loaded with promise; but, can this be implemented? The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya announced his much anticipated monetary statement this afternoon. The statement was short and loaded with promise. Report Focus News
February 20, 2019

RBZ Boss John Mangudya term to be extended

Unpopular Reserve Bank governor John Mangudya will get a new term at the help of the apex bank when his current term expires in April, the Deputy Cabinet Secretary George Charamba announced on Thursday. ‘‘The President is very clear on the Reserve
November 1, 2018

Bank of Zimbabwe Governor John Mangudya’s job is on the line,

RESERVE Bank of Zimbabwe Governor John Mangudya’s job is on the line, reported. President Emmerson Mnangagwa visited the RBZ unannounced last week, sparking further speculation regarding Mangudya’s future. The Zimbabwean leader has signalled a fresh thrust at Treasury after removing long-serving
September 25, 2018

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