Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Wednesday returned to the market with treasury bills (TBs) to raise $100 million. This is the third batch of TBs that the central bank has publicly floated in the past 60 days after it issued two others worth a combined $90 million last month. […]
Harare, (New Ziana) – Microfinance institution, Lion Finance, placed under curatorship two months ago, has re-opened as it continues with its recovery process. The Reserve Bank of Zimbabwe on July 26 this year placed the institution under the curatorship of the Deposit Protection Corporation (DPC) for a period of three months, citing under capitalisation and […]
Harare, (New Ziana) – Finance and Economic Development Minister, Professor Mthuli Ncube has appointed a nine-member Monetary Policy Committee (MPC) to oversee the central bank’s effectiveness in introducing macro-economic policies that promote economic growth and stability. The MPC’s main role is to deal with issues around interest rate and inflation targeting, which have an impact […]