Tag: Reserve Bank of Zimbabwe

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David Whitehead resumes operations

Business Reporter TEXTILE Company, David Whitehead Limited (DWTL), has resumed operations at its Chegutu factory after receiving a $2 million bailou ...
Govt seeks diamond sector investors

Govt seeks diamond sector investors

Diamonds Ishemunyoro Chingwere Business Reporter THE Zimbabwe Consolidated Diamond Company is working on a structure to lure private inve ...
Banks scrap tax on transactions below $10

Banks scrap tax on transactions below $10

Lance Mambondiani Livingstone Marufu Herald Reporter— GOVERNMENT has, with immediate effect, directed banks not to levy 5 percent tax on a ...
RBZ draws $450m from nostro facility

RBZ draws $450m from nostro facility

John Mangudya Happiness Zengeni Recently in Davos, Switzerland— The Reserve Bank of Zimbabwe (RBZ) has drawn down $450 million out of the ...
Mangudya set to deliver Monetary Policy Statement

Mangudya set to deliver Monetary Policy Statement

Dr Mangudya Happiness Zengeni in DAVOS, Switzerland The Reserve Bank of Zimbabwe Governor Dr John Mangudya, is set to deliver the 2018 Mon ...

EDITORIAL COMMENT: Incentivise cash banking, protect depositors

Yesterday’s edition of The Herald had a very curious story of a Harare couple that fell victim to robbers who got away with $37 000 from them. An inte ...

Time Bank turns heat on Gono

Time Bank will let bygones be bygones provided the Reserve Bank of Zimbabwe (RBZ) honours its side of the bargain, but has turned the heat on former g ...

Foreign currency shortages to persist

BUSINESS WRITER  •  15 January 2018 HARARE - Foreign currency shortages are expected to persist throughout this year despite promising economic turna ...
Zimbabwe Blows US$10 Million On Toilet Paper, Dog Food, Chewing Gum 

Zimbabwe Blows US$10 Million On Toilet Paper, Dog Food, Chewing Gum 

Source: Zimbabwe Blows US$10 Million On Toilet Paper, Dog Food, Chewing Gum | ZimEye January 14, 2018 Zimbabwe blows over US$10 million importing t ...

US$5m spent on chewing gum,toilet paper

Sharon Munjenjema Zimbabwe imported non-essentials worth a whopping US$10 million in 2017, with toilet paper, chewing gum, dog and cat food topping t ...
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