Invest Wisely
GOVERNMENT has released US$70 million to speed up disbursement of funding and clear the backlog to businesses that participate at the Reserve Bank of Zimbabwe (RBZ)’s foreign currency auction system. … Read More
THE Reserve Bank of Zimbabwe (RBZ) says it will continue to manage foreign currency exchange and inflation rates to enhance competitiveness in the industry and other productive sectors of the … Read More
ZIMBABWE’S foreign currency receipts increased by 32% to US$5,09 billion during the eight months ended August 7, 2021, as industries shook-off the effects of a difficult 2020 to ship more … Read More
Members of the public are entitled to buy US$50 per week at the prevailing auction rate. The Reserve Bank of Zimbabwe (RBZ) monetary policy committee (MPC) meeting held last month … Read More
More than 4 000 companies including southern region businesses are benefiting from the weekly Foreign Exchange Auction Trading System where a total of US$1,968 billion has been allotted since the … Read More
ZIMBABWE’S foreign currency receipts have risen by 32 percent to US$5,09 billion in the last eight months against US$3,85 billion received in the corresponding period last year. The bulk of … Read More
Zimbabwe’s central bank Governor John Mangudya has urged large corporates to stop “manipulating the exchange rate” by exploiting the gap between the parallel-market and official currency prices for profiteering. The … Read More
INDIVIDUALS will soon be able to buy a minimum of US$50 per week from bureaux de change across the country, the Reserve Bank of Zimbabwe (RBZ) said as it moved … Read More
The Zimbabwe dollar continued with its gradual weakening on the official foreign currency auction system amid a widening gap between the official exchange rate and the parallel market exchange rate. … Read More
THE Monetary Policy Committee (MPC) has recommended that the Reserve Bank of Zimbabwe (RBZ) should clear the US$175 million outstanding bids at the foreign exchange auction within a month in … Read More
