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Zimbabwe raises savings rates, cuts POS charges

The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measures, announced by RBZ Governor Dr. John…

Published: 07 Feb 2025 at 06:35hrs | 416 | by Staff reporter

Zimbabwe central bank cuts exporter retention threshold

The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), and to ensure economic stability.Announ…

Published: 07 Feb 2025 at 06:34hrs | | by Staff reporter

Mnangagwa power retention scheme raises dust

Manoeuvres by President Emmerson Mnangagwa's government to amend the constitution have raised concern that the 82-year-old ruler wants to reverse progressive electoral reforms and return the country to the dark days of the Robert Mugabe er…

Published: 31 Mar 2024 at 16:37hrs | | by Staff reporter

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Zimbabwe raises savings rates, cuts POS charges

Zimbabwe central bank cuts exporter retention threshold

Mnangagwa power retention scheme raises dust

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