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zimeye.net /3 weeks ago

Zimbabwe’s Mono-Currency Dream Hits Fresh Hurdle As RBZ Reveals Reserve Shortfall

By A Correspondent| Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has sought to reassure foreign-currency holders that they will … Continue reading "Zimbabwe’s Mono-Cur...

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newzimbabwe.com /3 weeks ago

Zimbabwe holds firm on elevated interest rates despite policy easing

The Reserve Bank of Zimbabwe (RBZ) has reduced its Bank policy rate from 30% to 27.5%, effective immediately, in a cautious monetary-easing move to align borrowing costs with infla...

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zimeye.net /1 month ago

RBZ Celebrates ZiG Growth, Admits Banks Can’t Lend Effectively

By A Correspondent| The Reserve Bank of Zimbabwe (RBZ) says the ZiG now accounts for 43 percent of transactions, but … Continue reading "RBZ Celebrates ZiG Growth, Admits Banks Can...

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dailynews.co.zw /3 weeks ago

Stay course toward sovereign currency

THE Reserve Bank of Zimbabwe (RBZ) deserves immense credit for maintaining a steadfast, pragmatic stance on the country’s transition to a sole local currency.As central bank author...

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dailynews.co.zw /2 weeks ago

RBZ invites public verdict on mono-currency

Brandon Josphat THE Reserve Bank of Zimbabwe (RBZ) has invited the public to assess the country’s monetary and financial conditions and form their own view on whether the country...

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dailynews.co.zw /3 weeks ago

Stability fuels growth, lowers lending rates

Tapiwa ChirumeSTAFF WRITERchirumet@dailynews.co.zw ZIMBABWE’S economy is on a solid path forward, anchored by steady prices and a stable local currency, the central bank has sad.In...

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dailynews.co.zw /1 month ago

Rate cuts on cards if stability holds: RBZ

Hazel Marimbizain Bulawayo THE Reserve Bank of Zimbabwe (RBZ) says interest rates could fall further if the country maintains its current price stability, raising the prospect of c...

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newzimbabwe.com /1 month ago

POSB records ZWG108.48 million profit for first six months

THE People’s Own Savings Bank (POSB) recorded a profit of ZWG108,48 million in the first half of the year amid plans to diversify revenue streams going into the second half of the...

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myzimbabwe.co.zw /1 week ago

Economy starved of ZiG currency as RBZ implements strategy to phase out the US$: Here’s what will happen to your USD ban...

Zimbabwe’s plan to move towards using the Zimbabwe Gold (ZiG) as its sole currency is advancing on paper, but economists say the local unit remains difficult to find in parts of th...

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myzimbabwe.co.zw /1 month ago

The US$ Dollar will go: RBZ governor gives update on using ZiG as Zimbabwe’s only currency

Zimbabwe’s plan to make the Zimbabwe Gold, known as ZiG, the country’s only currency will not be activated on a fixed date, Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu h...

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newzimbabwe.com /1 month ago

World Bank warns Zimbabwe against rushing to make ZiG sole currency

By Godfrey Marawanyika, Bloomberg THE World Bank cautioned Zimbabwe against rushing to end the use of dollars in the economy as it could trigger capital flight. The southern Afric...

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newzimbabwe.com /1 month ago

Zimbabwe says single-currency switch hinges on market conditions

Bloomberg Zimbabwe’s transition to a single currency will be driven by market conditions and macroeconomic stability, rather than a fixed timetable, central bank Governor John Mush...

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iharare.com /2 weeks ago

RBZ reveals major progress towards making ZiG Zimbabwe’s sole currency

RBZ says Zimbabwe has met six currency transition conditions as ZiG progress reaches 54.9%, but no date has been set for ending the multi-currency system. The post RBZ reveals majo...

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myzimbabwe.co.zw /2 weeks ago

BYE-BYE US Dollar: RBZ and Government’s Bold New Plan To Make ZiG Zimbabwe’s Only Currency and Ditch US$

‘Bye-bye US dollar’? Zimbabwe’s ZiG push advances Zimbabwe’s plan to make the Zimbabwe Gold (ZiG) its sole currency has recorded fresh progress, but the Reserve Bank of Zimbabwe (R...

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dailynews.co.zw /3 weeks ago

‘Long walk’ to aZiG-only nation

Brandon JosphatPOLITICAL EDITOR DESPITE the notable economic gains that the country has achieved in recent years, Zimbabwe still has some way to go before the ZiG can become its so...

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dailynews.co.zw /1 week ago

‘Zim unlocks critical minerals potential’

BRIGHTON MURONZEREYI ZIMBABWE’S economy is set for a dramatic transformation powered by surging gold revenues, stabilising local currency, and a decisive shift toward processing cr...

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dailynews.co.zw /1 month ago

Economic stability fails to reach ordinary citizens – Cross

RENOWNED economist Eddie Cross has praised the alignment between the Treasury and the Reserve Bank of Zimbabwe, declaring the country had finally... To access this conte...

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dailynews.co.zw /4 weeks ago

BII signals confidence in Zimbabwe reforms

KUDZANAI GEREDE G THE combined US$50 million credit facility extended by British International Investment (BII) to two local banks signals growing confidence in Zimbabwe’s economic...

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tribune.com.pk /2 weeks ago

Reserves edge up to $26.8b

SBP holdings rise $15m to $21.5b

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newzimbabwe.com /1 month ago

POSB to host third Exporters Seminar as Zimbabwe pushes export growth

THE People’s Own Savings Bank (POSB) will Thursday host the third edition of its annual Exporters Seminar, reaffirming its commitment to supporting productive sectors and helping...

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dailynews.co.zw /5 days ago

Govt targets ZiG violators

Brandon Josphat POLITICAL EDITOR AUTHORITIES are not happy that some businesses continue to use illegal parallel market rates to price their goods, thereby undermining the ZiG. T...

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myzimbabwe.co.zw /3 days ago

Zimbabwe government BANS foreigners from operating in following sectors, licences of some companies to be revoked

The Zimbabwean Government has reserved 17 sectors of the economy for citizens and warned that businesses which fail to comply could have their operating licences suspended or revok...

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newzimbabwe.com /3 weeks ago

Zimbabwe’s trade surplus rises to US$526.5 mln in August

Xinhua Zimbabwe recorded faster export growth in August, pushing its monthly trade surplus to US$526.5 million from US$320 million in July, official data showed Monday. According t...

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zimeye.net /3 weeks ago

Govt Finally Admits No One Trusts Its Worthless Currency

By A Correspondent| Government has finally admitted that Zimbabweans have zero trust in its currency and financial products after years … Continue reading "Govt Finally Admits No O...

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