Reserve Bank of Zimbabwe News & Updates

Zimbabwe’s Central Bank Injects $64m to Stabilize Currency

The Reserve Bank of Zimbabwe has injected US$64 million into the foreign exchange market in September to stabilize the country’s currency, the Zimbabwe dollar (ZiG). In a press statement, the central bank said it had witnessed increased demand for foreign currency at

September 19, 2024

Zimbabwe

Zimbabwe’s Economic Stability Boosted by New Currency, Zimbabwe Gold (ZiG)

The introduction of Zimbabwe Gold (ZiG) in April 2024 has brought much-needed stability to Zimbabwe’s economy, according to the International Monetary Fund (IMF). ZiG has effectively curbed inflationary pressures, with the IMF projecting a modest 7% inflation rate for the remainder of

June 29, 2024

Africa·Breaking News·Zimbabwe

Zanu PF Spokesperson Alleges Illicit Removal of Zimbabwe’s Gold Reserves

Harare- In a startling disclosure, Zanu PF spokesperson Christopher Mutsvangwa has asserted that Zimbabwe’s gold reserves were clandestinely relocated from the Reserve Bank of Zimbabwe (RBZ) during the era of the late President Robert Mugabe. click here to watch Chris Mutsvangwa video

April 16, 2024

Zimbabwe

John Mushayavanhu Appointed Governor of the Reserve Bank of Zimbabwe

Zimbabwe President Emmerson Mnangagwa has named John Mushayavanhu as the new governor of the Reserve Bank of Zimbabwe (RBZ), the government announced on Wednesday. Mushayavanhu’s term, which begins on March 28, 2024, will span five years, ending on March 27, 2029, according

March 28, 2024

Business

Zimbabwe Plans to Stabilize Local Currency Amid Inflation Surge and Falling Dollar Value

Zimbabwe’s central bank and finance ministry are working on measures to stabilise the local currency, the central bank governor said. The Zimbabwean dollar has fallen about 40% since the start of the year, hurt by increased foreign-currency demand from civil servants being

February 11, 2024

Breaking News·Zimbabwe

Reserve Bank of Zimbabwe faces sanctions over allegations of money laundering and gold smuggling

The Reserve Bank of Zimbabwe is under scrutiny after allegations of money laundering and illicit gold dealings surfaced in a recent Al-Jazeera documentary. The bank’s governor, John Mangudya, has denied the claims, which detail how a criminal syndicate linked to President Emmerson

March 27, 2023

Breaking News·Politics

US removes 17 individuals from sanctions list, Chinamasa speaks out against inclusion of 13-year-old daughter

The United States recently announced sanctions on the son of Zimbabwean President Emmerson Mnangagwa, as well as the wife and associates of business tycoon Kudakwashe Tagwirei and two companies, Fossil Agro and Fossil Contracting. The sanctions also included the removal of 17

December 28, 2022

Zimbabwe

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

Zimbabwe to manage volatility of new RTGS currency – finance minister

HARARE (Reuters) – Zimbabwe’s new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive volatility. Ncube spoke to Reuters as the

February 25, 2019

Zimbabwe

Reserve Bank of Zimbabwe dismisses fake news on new currency

The Reserve Bank of Zimbabwe (RBZ) has dismissed social media claims that a new currency will be introduced next week. In a statement, the RBZ urged members of the public to dismiss, with utmost contempt, the counterproductive fake news. The central bank

February 11, 2019

Report Focus News

Report Focus News

Reserve Bank of Zimbabwe

Zimbabwe’s Central Bank Injects $64m to Stabilize Currency

Zimbabwe’s Economic Stability Boosted by New Currency, Zimbabwe Gold (ZiG)

Zanu PF Spokesperson Alleges Illicit Removal of Zimbabwe’s Gold Reserves

John Mushayavanhu Appointed Governor of the Reserve Bank of Zimbabwe

Zimbabwe Plans to Stabilize Local Currency Amid Inflation Surge and Falling Dollar Value

Reserve Bank of Zimbabwe faces sanctions over allegations of money laundering and gold smuggling

US removes 17 individuals from sanctions list, Chinamasa speaks out against inclusion of 13-year-old daughter

US dollar bounces back in Zimbabwe

Zimbabwe to manage volatility of new RTGS currency – finance minister

Reserve Bank of Zimbabwe dismisses fake news on new currency

ABOUT

NEWS CATEGORIES

REGIONS

SERVICES

Suggestions

Reserve Bank of Zimbabwe

ABOUT

NEWS CATEGORIES

REGIONS

SERVICES