Opinion by Nigel Pfunde THE galloping inflation and spike in the black market rates that were triggered by the introduction of new notes last week are symptomatic of an economy…
Report by Nigel Pfunde and Nyashadzashe Ndoro The Reserve Bank of Zimbabwe has read a riot act to errant bureau de change operators who are practicing unwarranted behaviour bent on…
The high demand (ZWL$) represented by bond notes (which was declared sole legal tender) has pushed the rate of acquiring cash through Ecocash transfers to rise to at least 28% and 30 % for…
The Reserve Bank of Zimbabwe (RBZ) has refuted claims by some sections of society that it has ordered banks to freeze the withdrawal of Foreign Currency Accounts (FCA) Nostro, saying…
The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya on Wednesday afternoon filed a ZWD $1 million lawsuit against ZANU PF youth league leaders Pupurai Togarepi and Lewis Matutu for…
The Reserve Bank of Zimbabwe (RBZ) has moved in swiftly to thwart Econet’s suspected default aid in money laundering and acting as a conduit for promotion of illegal foreign currency…
World renowned economist and financial advisor to different presidents Steve Hanke has urged the government to decimate the Reserve Bank of Zimbabwe and set up a currency board to curtail…
The Reserve Bank Of Zimbabwe governor John Mangudya has broken his silence on the recent sharp price increases of basic goods which was largely blamed on the plunging of the…
Reserve Bank of Zimbabwe governor John Mangudya who had vowed to resign if the bond notes failed has maintained that there is no basis for his resignation because the bond…
Reserve Bank of Zimbabwe governor Dr John Mangudya announced the Monetary Policy Statement (MPS)Wednesday and he ditched the 1:1 United States dollar to bond exchange rate as reported by the…