Reserve Bank of Zimbabwe
VICTORIA FALLS, Zimbabwe – Zimbabwe’s financial system must now prove its effectiveness in combating money laundering and financial crimes, the Acting Governor of the Reserve Bank of Zimbabwe (RBZ), Dr. J.T. Chipika, declared on Friday, as the nation prepares for a critical international assessment. Officially opening the 2025 Public-Private Sector Dialogue (PPSD) in Victoria Falls, Dr. Chipika revealed […]
President Emmerson Dambudzo Mnangagwa inspected the Reserve Bank of Zimbabwe (RBZ) vaults housing the country’s gold reserves, declaring the current stock of 3.4 metric tonnes, valued at 19 billion ZiG, as sufficient to back the 17 billion ZiG in circulation. He said the reserves are a direct result of a presidential directive issued two years […]
The Reserve Bank of Zimbabwe (RBZ) has moved to calm public concerns regarding the availability and usage of the new local currency, ZiG, particularly in areas outside of Harare. In a statement, RBZ assured the transacting public that ZiG cash availability has improved lately. According to the Reserve Bank, the proportion of local currency settlements […]
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