News

The Reserve Bank is taking all the necessary steps to ensure that the public is not prejudiced and there is value preservation and transactional convenience during this transitional period.” ...
WASHINGTON April 25, 2025 – The World Bank announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP). RBZ joins RAMP through a World ...
The move, announced through a new legal framework by the Reserve Bank of Zimbabwe, ends the practice of penalising traders and businesses for using unofficial exchange rates. For years, authorities ...
The Reserve Bank of Zimbabwe is trying something new. Or rather, something very old. Last Updated: May 18, 2023 at 11:39 a.m. ET First Published: May 17, 2023 at 6:23 a.m. ET ...
Central Bank With World’s Highest Rates to Retain Old Inflation Gauge for Rate Decisions Zimbabwe MPC won’t adopt blended inflation for rates: official Blended CPI is now statistics agency’s ...
The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country. The move is a government initiative to stabilize the local currency from ...
A close ally and business associate of President Emmerson Mnangagwa, Mushayavanhu will lead the Reserve Bank of Zimbabwe starting May 2024. In early December, President Emmerson Mnangagwa announced ...
The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon, the RBZ has stated. This follows the token’s success with investors, ...