By Anyway Yotamu Zimbabwe’s sovereign wealth vehicle, the Mutapa Investment Fund, has injected US$10 million into the struggling Cotton Company of Zimbabwe (Cottco) to help settle outstanding debts to transporters, workers and farmers during the current cotton marketing season. Speaking before the Parliamentary Portfolio Committee on Lands,
The Reserve Bank of Zimbabwe (RBZ) has given a thumbs up to Stanbic Bank’s innovative and financially inclusive program aimed at supporting and empowering budding entrepreneurs and Small to Medium Enterprises (SMEs).
The Reserve Bank of Zimbabwe (RBZ) has shockingly cleared four of its senior managers, fingered in alleged acts of corruption by controversial whistleblower, Acie Lumumba. The managers, Mirirai Chiremba (Director Financial Intelligence), Norman Mataruka (Director Bank Supervision), Gresham Muradzikwa (Head of Security) and Azvinandawa Saburi (Director
Government has dismissed rumors circulating on social media that Reserve Bank of Zimbabwe (RBZ) Governor, John Mangudya has been dismissed and replaced by former World Bank Africa Executive Director, Andrew Gwambe. Social media and online news sites went into overdrive yesterday with the news of Mangudya's
A senior banker at the Reserve Bank of Zimbabwe (RBZ,has revealed that the suspension of four directors in connection with illegal foreign currency dealing is only a strategy to remove all long-serving stalwarts, including the governor John Mangudya , so as to line up the
The Reserve Bank of Zimbabwe (RBZ) has warned Zimbabweans against losing value for their money while chasing parallel exchange rates saying foreign currency receipts for the first nine months of the year amounted to around $5 billion hence everyone still has access to Forex for
The government's proposed fiscal reforms announced on Monday will likely face resistance from opposition legislators in parliament with Harare East lawmaker, Tendai Biti threatening to block their adoption into law. Biti said they will be waiting in parliament to block Finance Minister Professor Mthuli Ncube's tax
Former cabinet minister Professor Jonathan Moyo has sensationally claimed that Bond Note value loss comes on the back of abuse by President Emmerson Mnangagwa and former Finance minister Patrick Chinamasa alleging that the state coffers were drained during the 2017 November military inspired protest as
Analyst have expressed mixed feelings on the mid term monetary review which was released by the Reserve Bank of Zimbabwe yesterday. In an interview with 263Chat,Vincent Musewe an Economist and political commentator has welcomed the direction for banks to create nostro accounts for foreign currency transactions (nostro
Full video RBZ Governor Dr Mangudya presenting mid-term Monetary Policy The monetary measures presented by the Governor and the fiscal measures presented by the Minister of finance Professor Mthuli Ncube, aimed at stabilising our economy. The Monetary Policy Statement is issued in terms of Section 46 of
You cannot copy content of this page