Dear Reserve Bank of Zimbabwe, 1. Please hire a Comms team ASAP. 2. Part of fostering confidence is having timely, reliable, and accessible means of informing the public in advance of key developments. Use official RBZ channels for updates. Don't bury key information in a random link. Don...
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has said the central bank is looking at recommendations made by small-scale gold miners for an incentive they need to maintain viability of operations. He told The Herald that the bank received the recommendations at a meeting held with ...
The Reserve Bank of Zimbabwe has raised the statutory reserve requirement for foreign currency demand deposits from 15 percent to 20 percent, in a move aimed at curbing inflation. Analysts warn the increase could stunt economic growth. In its 2024 Moneta
The Reserve Bank of Zimbabwe has launched studies into applying blockchain to the bank’s business processes. The Reserve Bank ofZimbabwe(RBZ) has initiated studies ofblockchain technologywith a view to subsequently embrace the technology and integrate it into the bank’s business processes, local ...
Zimbabwe foreign exchange inflows reach $9.44 billion on diaspora remittancesDecember 5, 2023 In "Banking" Zimbabwe Central Bank Chief Says ZiG 43% Devaluation Is ‘Once-Off’ EventOctober 11, 2024 In "Banking" Zimbabwe’s Central Bank Governor Considers Using Reserves to Stabilize Currency Amid Ma...
Millions No Longer Millionaires: Early Last August, the Reserve Bank of Zimbabwe Governor Gideon Gono Announced That Three Zeros Would Be Knocked off All New Banknotes to Bring Some Sanity to That Country's Galloping Inflation and Money Supply. Barnabas Thondhlana Reports from Harare By Thondh...
The governor of Zimbabwe's Reserve Bank received the prize for mathematics for printing bank notes with such a wide range of denominations. 津巴布韦储备银行的行长获得了“另类诺贝尔数学奖”,因为其印制的钞票面额由小到大差异巨大。 www.hjenglish.com 10. Federal Reserve Bank. Earlier this week most ...
Zimbabwe requires a foreign currency cover of US$1 billion, against current reserves of US$200 million and needs to further increase production to narrow the gap, an official has said. Ms Jesimen Chipika, deputy Governor of the Reserve Bank of Zimbabwe, told delegates attending the Confederation...
Rwanda and Nigeria which have managed make strides in economic development which should inspire Zimbabwe’s economic recovery ambitions. The article does not seek to apportion blame or focus on the governor of the RBZ or individuals currently running or those who previously run the central bank, bu...
Former Bank of England Governor Mark Carney pointed to Brexit as a key reason why the UK central bank is now having to hike interest rates in its struggle to contain inflation. Alongside rising energy prices and a tight labor market, Britain’s exit from the European Union added to the econ...