Tag: John Mangudya

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Zimbabwe’s New Currency System Adequately Funded: Central Bank

Zimbabwe’s New Currency System Adequately Funded: Central Bank

Source: Africa FX News: Latest on Zimbabwe's New Currency - Bloomberg   Mangudya said local lenders have almost $1 billion ...
‘We expect the forex exchange rate to stabilise’

‘We expect the forex exchange rate to stabilise’

ZIMBABWE last week switched from an interbank market for foreign currency to an auction system, which is largely driven by the market. It was the fi ...
RBZ okays individual mobile transactions

RBZ okays individual mobile transactions

Kuda Bwititi Chief Reporter CONSUMERS can still use mobile money platforms to pay for goods and services, while agent and merchant lines have be ...
Millers to withhold products from shops rejecting bond notes

Millers to withhold products from shops rejecting bond notes

Source: Millers to withhold products from shops rejecting bond notes | The Herald Mr Musarara Herald Reporter THE Grain Millers Ass ...
Auction system efforts need to be sustained

Auction system efforts need to be sustained

Source: Auction system efforts need to be sustained | The Herald The results of the first foreign currency auction on Tuesday should convince m ...
Forex auction system to affect tobacco sales

Forex auction system to affect tobacco sales

Source: Forex auction system to affect tobacco sales | The Herald Dr Mangudya Business Reporter Tobacco deliveries are likely to slow ...
Adios interbank rate!…RBZ chief speaks on auction system

Adios interbank rate!…RBZ chief speaks on auction system

Kuda Bwititi Chief Reporter FARMERS, gold miners and other producers who have been crying foul over the 1:25 fixed interbank exchange rate have ...
Holders of Foreign Currency Accounts with Zimbabwean banks are worried about losing money

Holders of Foreign Currency Accounts with Zimbabwean banks are worried about losing money

Source: Holders of Foreign Currency Accounts with Zimbabwean banks are worried about losing money - The Zimbabwean As the central bank kicks in new ...
Editorial Comment: RBZ decision a stitch in time

Editorial Comment: RBZ decision a stitch in time

The Reserve Bank of Zimbabwe (RBZ) this week acted within the confines of the law that establishes it and explains its mandate, when it announced th ...
New forex rule to oil market steadies rate

New forex rule to oil market steadies rate

Source: New forex rule to oil market steadies rate | The Herald Dr Mangudya Golden Sibanda Senior Business Reporter The reintroducti ...
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