Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Monday rules regarding the withdrawal of foreign currency from individual accounts remain unchanged. The assurances come amidst panic created by a leaked confidential document from one of the country’s commercial banks which stated that individuals getting salaries in foreign currency would no longer […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Wednesday floated treasury bills (TBs) for $300 million as it continues to mobilise funding for government operations. The issue follows three other highly successful auctions conducted in the past two months in which the central banks raised a combined $190 million. Treasury bills are […]
Harare,(New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Monday banned licensed mobile money agents and merchants from taking cash deposits and offering withdrawals, commonly referred to as cash-in, cash-out services, the latest arsenal the central bank is throwing at the thriving parallel currency market. Until now, all agents and merchants licensed under mobile […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the paper. The central bank was in the market on Wednesday with the third batch of TBs in two […]