Harare, (New Ziana) – Finance and Economic Development Minister, Professor Mthuli Ncube said on Wednesday the Treasury Bills auction system re-introduced mid-this year to mobilise funding for government has been a “huge success under very difficult economic environment.” President Emmerson Mnangagwa’s government, through the Reserve Bank of Zimbabwe, has floated bills worth about $1.8 billion […]
Harare,(New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Monday floated 272-day treasury bills seeking to raising $300 million to be used to finance government operations. The latest tender becomes the ninth since August this year when issuance of the instrument resumed. It follows an unsuccessful one last week in which the central bank […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Thursday floated 182-day Treasury Bills, aiming to raise $300 million for financing government operations. This becomes the eighth public tender of TBs since auctions were resumed in August this year, with more than $600 million being raised using the instrument since then. Without budgetary […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday it will soon set up a multi-stakeholder working group to continuously review rules governing operations of the interbank market to improve its efficiency. Introduced in February this year as a means to contain the thriving black market, the interbank market has seen […]