RBZ has some trick up its sleeves to try to stabilize the value of the Zim Dollar. Here are the measures: Further to the Statutory Instrument 142 of 2019 issued […]
Whilst we were busy ranting about the fuel prices, a war was happening on Twitter between Kuda Musasiwa and Natalie Jabangwe. Kuda Musasiwa is that guy behind Fresh In A […]
Even though the difference between the black market rate and the official rate continue to run away ahead of official rates, Dr Mangudya foresees the two rates to converge in […]
Telone is another telecoms service provider that’s struggling to pay up its foreign dues because of foreign currency shortages. This time the repercussions of failing to meet its foreign obligations […]
So the governor of the Reserve Bank of Zimbabwe and the banks that he presides over and the government that employs him are telling us to trust them again. We […]
Just like everyone, (some) telecom operators and Internet Service Providers(ISP) are grappling with foreign currency shortages problems. This problem has a trickle-down effect where subscribers are affected by downtime and […]
The Reserve Bank of Zimbabwe has licensed a further 26 Bureau de changes in a move that will increase the number of participants in the Interbank Foreign Currency Exchange Market. […]
Below is full text from Veritas. It’s quite long but a very good read: The Governor of the Reserve Bank of Zimbabwe delivered his Monetary Policy Statement on the 20th […]
A Reserve Bank of Zimbabwe (RBZ) executive, Mirirai Chiremba was yesterday removed from remand by a Harare magistrate. Mr. Mirirai Chiremba is facing criminal abuse of office charge yet he’s the […]
African Economic Research Consortium (AERC) will hold its twenty-first Senior Policy Seminar from March 21-22 at Meikles Hotel in Harare Zimbabwe, co-hosted by the Reserve Bank of Zimbabwe. Honorable Prof. […]
The Postal and Telecommunications Regulatory Authority of Zimbabwe has just released the 2018 Q4 and overall yearly report. There are just two things I want to share right now which […]
[Update] Please note the Econet self-care portal now seems up. The article however is still a fun read and most of the stuff we said here is very much still relevant. […]
According to a Herald report, Phibion Chaibva, the Customer Services Manager for the Postal and Telecommunications Regulatory Authority of Zimbabwe hinted at the possibility of tariff increases in the sector […]
The Governor of the Reserve Bank of Zimbabwe is currently giving oral evidence before the parliamentary committee on Budget, Finance and Economic Development. The committee is chaired by former minister […]
I’m sure you remember the trouble Econet users went through on Monday when the network was facing intermittent downtimes throughout the day. Econet later apologized and explained that “its instability on their […]
The RBZ Governor John Mangudya remains defiant not to resign despite the seeming failure of the bond notes (and bond coins). The currency had lost more than 50% of its value […]
Yesterday I woke up to this SMS message from EcoSure: Your initial premium payment of $1.00 failed. The premium should be paid by 29-Feb-20 to complete your EcoSure Lite registration […]
In order to attract investment from Zimbabweans in the Diaspora, The Reserve Bank of Zimbabwe (RBZ) set up a Diaspora Desk which provides the Diaspora with necessary information about investing […]
On Wednesday, the Reserve Bank of Zimbabwe (RBZ) shocked Zimbabwe by redenominating bond notes, bond coins and RTGS balances (electronic money) to RTGS Dollars. This made the RTGS dollars formally […]
Yesterday the governor of the Reserve Bank of Zimbabwe delivered his first Monetary Policy Statement of 2019. This was one of the most awaited statements to date. That in itself […]
What are RTG Dollars RTGS Dollars is money made up of bond notes, bond coins and RTGS balances( electronic money). What do you have right now? What you have in […]
In His Monetary Policy Statement presentation, the Reserve Bank of Zimbabwe Governor John Mangudya has said that the central bank is establishing an inter bank market to trade in forex. […]
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya presents the 2019 Monetary Policy Statement today. Watch the livestream below: Download the Monetary Policy Statement
As we have pointed out elsewhere, according to the law, the RBZ’s 2019 monetary policy is long overdue. In its absence, a lot of rumours have been doing rounds with […]
So the Reserve Bank of Zimbabwe Act, the law that establishes and regulates the central bank states that the bank should issue 2 monetary policy statements per year. One of […]
After claiming that the government was planning to introduce a new currency, Former Finance Minister, Tendai Biti is now even calling for the Reserve Bank of Zimbabwe (RBZ) to be […]
I’m sure you remember that two days ago, Former Finance Minister sent Zimbabwe into a state of frenzy when he said that the government will introduce a new currency this […]
Former Finance Minister Tendai Biti has been quoted as saying the Zimbabwean government was planning to introduce a new currency sometime this week. As if that was not concerning enough, […]
Looks like managing public and media perception is a key priority for Mthuli Ncube. Towards the end of 2018, the minister of Finance hired Acie Lumumba (yes the controversial guy) […]