• RBZ to resume banker to Government role and host Government's Exchequer Account with effect from March 31 2014.• RBZ and ministry of financing finalizing legal framework for Credit Reference Bur...
By Staff reporter | Published: 29 January 2014
The Reserve Bank of Zimbabwe has put in place various measures aimed at reaffirming the role of the central bank and restoring stability to the banking sector.Presenting the Monetary policy statement ...
By Staff reporter | Published: 29 January 2014
The Reserve Bank of Zimbabwe monetary policy committee says the proposed interest rate structure of 8% per annum should be utilised as a benchmark for other debt in the market.The RBZ monetary policy ...
By zbc | Published: 28 January 2014
Government spending continues to outstrip revenue inflows with the November consolidated revenue fund statement of financial performance reflecting a $58 million deficit for the month of November 2013...
By Staff reporter | Published: 27 January 2014
According to the RBZ November Monthly economic review broad money recorded an annual decline of 0.46% in November 2013, compared to a growth of 3.16% recorded in October 2013.On a month-on-month basis...
By Staff reporter | Published: 24 January 2014
The total value of card based transactions increased by 1.11% to $331.71 million in the month of November, from $ 328.06 million in October 2013.This is based on figures released by the Reserve Bank o...
By Staff reporter | Published: 24 January 2014
Funding Zimbabwe's $4,1 billion 2014 National Budget will be a tough task as government's revenue collections continue to shrink, analysts say.This comes as President Robert Mugabe's administration - ...
By Staff reporter | Published: 24 January 2014
THE weakening of the South African rand against the United States dollar has sparked an outcry in Bulawayo and parts of the southern region with some public institutions now refusing payment in rand.A...
By Staff reporter | Published: 24 January 2014
ZIMBABWE will this year actively lobby creditors to have its $6,1 billion debt written off after completing an audit and validation of the debt last year, Finance and Economic Development Minister Pat...
By Business Reporter | Published: 23 January 2014
THE economy is sliding towards deflation, a situation that could see overall output and competitiveness of industry being affected leading to a decline in employment levels, economists have warned.Def...
By Staff reporter | Published: 20 January 2014
THE country's annual inflation shed 0,21 percentage points to end the month of December, 2013 at 0,33 percent due to the low level of growth in prices for goods which in turn implies that economic gro...
By Staff reporter | Published: 16 January 2014
Zimbabwe's economy will grow by 4.2 percent this year, well short of the government's more upbeat projection as weaker global metal prices weigh on expansion, the World Bank said on Wednesday.Finance...
By Reuters | Published: 16 January 2014
Economic think tank, Business Monitor International (BMI), has forecast Zimbabwe's economy to grow by 3,4 percent this year due to limited foreign direct investment in the country.It said the country...
By dailynews | Published: 16 January 2014
The month of December witnessed a slight increase in the cost of living as measured by the Consumer Council of Zimbabwe's low income urban earner monthly basket for a family of six despite supermarke...
By Staff reporter | Published: 16 January 2014
Following the completion of the validation and reconciliation exercise of the country's external debt, total external public and publicly guaranteed debt (excluding Reserve Bank and private sector ext...
By Staff reporter | Published: 20 December 2013
Zimbabweans who lost their Zimdollar savings will be compensated next
year as $20 million would be availed to financial institutions, Finance
Minister Patrick Chinamasa revealed yesterday during his...
By Staff reporter | Published: 20 December 2013
Exports of unprocessed platinum and diamonds will from January 1, 2014 attract a "heavy" tax as part of Government measures to force mining houses into beneficiating minerals and metals locally.Financ...
By Staff reporter | Published: 20 December 2013
Government will issue Treasury Bills to raise $20 million to compensate Zimbabwe dollar account holders who lost money following the adoption of a multiple currency system in 2009.Minister Chinamasa s...
By Staff reporter | Published: 20 December 2013
GOVERNMENT will restore the banker of last resort function of the Reserve Bank of Zimbabwe with effect from April 2014 by injecting $100 million into the institution, Finance Minister Patrick Ch...
By Business reporter | Published: 20 December 2013
Zimbabwe's economy should grow 6.4% in 2014, a big jump from the 3.4% projected for this year, Finance Minister Patrick Chinamasa said on Thursday."This is anchored on a strong recovery of the agricul...
By Reuters | Published: 19 December 2013
The 2014 National Budget Statement...
By Patrick Chinamasa | Published: 19 December 2013
The inflation rate in Zimbabwe continues to decline and this is an indication that the country`s aggregate demand continues to be depressed entailing that the country continues to suffer from low econ...
By Staff reporter | Published: 17 December 2013
Finance Minister Patrick Chinamasa presents the 2014 national budget this Thursday and it will be a golden opportunity to bury for good, fears and speculation that the Zimbabwe dollar might find its ...
By New Ziana | Published: 17 December 2013
THE Confederation of Zimbabwe Industries, the country's biggest sector lobby group, says the manufacturing sector has not realised new inflows of foreign direct investment over the last three years. A...
By Business Reporter | Published: 17 December 2013
ZIMBABWE's annual inflation declined to 0.54% on the October rate of 0.59% as domestic demand continues to decrease, according to ZimStat. The year on year food and non alcoholic beverages inflation ...
By Staff reporter | Published: 16 December 2013
Chamisa denies dismissing anti-CAB3 coalition 
Ramaphosa disowns 'shady' Chivayo 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe signals gradual interest rate cuts 
Zimbabwe govt defends Starlink rollout 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
