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RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 296 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 533 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 340 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 135 | by Staff reporter
How Mutare and Manicaland were annexed from the Portuguese
First - a tributeIn carrying out the background research I have been greatly impressed by the articles written by J.C. Barnes, who taught at Umtali Boys' High School and published both in Rhod...Published: 08 Aug 2025 at 21:43hrs | 1012 | by Zimfieldguide
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 425 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 157 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 149 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 202 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 787 | by Staff reporter
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 267 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 820 | by Staff reporter
Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1820 | by Staff reporter
Is this health justice or state overreach?
In the swiftly evolving drama of Zimbabwean healthcare, a new bill in Parliament has stirred both hope and alarm. The Medical Services Amendment Bill, championed by Justice and Parliamentary Affairs M...Published: 19 Jul 2025 at 09:10hrs | 1331 | by Kumbirai Thierry Nhamo
Mnangagwa concludes Japan visit
President Emmerson Mnangagwa on Friday concluded a five-day working visit to Japan aimed at deepening diplomatic and economic ties, strengthening Zimbabwe's investment appeal, and positioning the coun...Published: 19 Jul 2025 at 09:10hrs | 215 | by Staff reporter
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1195 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 134 | by Staff reporter
State closes case against Harare couple
The State has closed its case against a Harare couple, Clark Makoni and his wife Beverly Aisha Makoni, who are facing allegations of defrauding former Reserve Bank of Zimbabwe Gov...Published: 14 Jul 2025 at 07:51hrs | 374 | by Staff reporter
Zacc officer nails Gono stolen property couple
A Zimbabwe Anti-Corruption Commission (ZACC) investigating officer has told a Harare magistrate how a couple allegedly forged company registration documents to illegally take control of a lodge owned ...Published: 13 Jul 2025 at 11:22hrs | 102 | by Staff reporter
Time to reform the National Heroes selection process in Zimbabwe
Thank you for bestowing National Hero status on Dr. Sydney Zikuzo Gata, a well-decorated engineer and a true patriot. This honour is well deserved. I had the privilege of working closely with Dr. Gata...Published: 07 Jul 2025 at 11:05hrs | 273 | by Engineer Jacob Kudzayi Mutisi
No to vote-buying in PSL elections
The Premier Soccer League (PSL) will on July 25 elect a new chairman to replace Farai Jere, who stepped down earlier this year to pursue the ZIFA presidency. The upcoming election has been widely prai...Published: 06 Jul 2025 at 12:31hrs | 97 | by Staff reporter
Gono exposes former employees
Former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has laid bare explosive allegations against his former employees Clark and Beverly Makoni, accusing the couple of fraudulently taking control...Published: 05 Jul 2025 at 14:53hrs | 179 | by Staff reporter
Gono accused of extortion, fabrication
A Harare couple embroiled in a bitter legal dispute with former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has accused him of attempting to extort US$50,000 from them by leveraging his allege...Published: 05 Jul 2025 at 10:28hrs | 841 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1690 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1066 | by Staff reporter
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 01 Jul 2025 at 08:16hrs | 507 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2595 | by Staff reporter
Mangudya calls for equitable IMF fund disbursements
Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...Published: 28 Jun 2025 at 14:44hrs | 70 | by Staff reporter
Zimbabwe central bank increases ZiG liquidity to ZWG2bn
The Reserve Bank of Zimbabwe (RBZ) has raised the daily Zimbabwe Gold (ZiG) liquidity in the market from ZWG1.5 billion to ZWG2 billion in a move aimed at easing concerns over currency shortages and b...Published: 27 Jun 2025 at 18:25hrs | 1511 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1786 | by Staff reporter
Land dispute and murder allegations stir tensions at Dandrennam farm
A storm is brewing at Dandrennam Farm in Lions Den, Mashonaland West Province, as a long-standing land dispute intensifies amid revived murder accusations and alleged political interference. The 578.5...Published: 21 Jun 2025 at 09:39hrs | 53 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 493 | by Staff reporter
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 104 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 606 | by Staff reporter
'Zimbabwe gold-backed currency stable' but ...
Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the pa...Published: 18 Jun 2025 at 18:30hrs | 343 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
ZANU never fought against the British - lets not distort history
When we distort the past, it ceases to be history and becomes propaganda.In Zimbabwean politics, the manipulation of history is as common as the empty promises made during election campaigns.&...Published: 17 Jun 2025 at 22:46hrs | 1006 | by Tendai Ruben Mbofana
RBZ suspends mop-up gold coin sales
The Reserve Bank of Zimbabwe (RBZ) has announced the immediate suspension of its mop-up sale of gold coins following the successful conclusion of the clearance exercise.In a statement issued b...Published: 17 Jun 2025 at 11:16hrs | 564 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 139 | by Staff reporter
The ZANU-PF–Britain alliance is a self-serving bond that never served the people
The political theatre designed to deceive Zimbabweans seems never-ending.A few days ago, senior Zimbabwean officials and British nationals gathered in Harare to celebrate King Charles III's bi...Published: 13 Jun 2025 at 14:24hrs | 679 | by Tendai Ruben Mbofana
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 192 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 978 | by Staff reporter
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 111 | by Staff reporter
Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 06 Jun 2025 at 12:03hrs | 274 | by Staff reporter
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 05 Jun 2025 at 10:07hrs | 77 | by Staff reporter
Zimbabwe's mining industry set for over 7% growth
Zimbabwe's mining sector is on track for significant growth in 2025, with projections indicating an expansion of over seven percent, fueled primarily by strong performances in gold and coal production...Published: 05 Jun 2025 at 10:04hrs | 57 | by Staff reporter
RBZ projects inflation drop by September
The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...Published: 04 Jun 2025 at 13:31hrs | 132 | by Staff reporter
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