Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday the statutory 30-day forex liquidation period will be restored once again from next month to help lubricate the inter-bank market. In February 2019, the RBZ introduced a 30-day retention period for all export earnings, after which the funds were to be offloaded […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday it will be publishing financing facilities availed to fuel companies on a weekly basis as the country continues to battle crippling shortages that have gone on for years. There has been finger pointing on who is at fault in decisively dealing with […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Wednesday it successfully raised $200 million it had targeted in its first treasury bill (TBs) issue this year. The central bank on Monday returned to the market for the first time in 2020 to mobilise funds to support government programmes through 272-day TBs. […]
Harare, (New Ziana) – Zimbabwe expects to completely wean its economy from continued use of the United States dollar in domestic trading in five years after the re-introduction of the local currency last year as the sole legal tender, the central bank said on Monday. For 10 years since 2009, Zimbabwe dollarised after adopting use […]