FBC Holdings CEO John Mushayavanhu appointed as new RBZ Governor
FBC Holdings CEO John Mushayavanhu, a business associate of President Emmerson Mnangagwa, is set to assume the role of governor of the Reserve Bank of Zimbabwe (RBZ) from May 1, 2024.
John Mangudya
Zimbabwe cedes world’s highest interest rate title to Argentina
Zimbabwe lost its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing costs to help boost economic growth.
Mangudya rejects dollarisation in wake of exchange rate crisis
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya dismissed calls for full dollarisation, attributing the country's exchange rate volatility to past experiences rather than basic economic issues.
Reserve Bank of Zimbabwe appoints Matshe new deputy governor
Economist Innocent Matshe was appointed Deputy Governor of the Reserve Bank of Zimbabwe (RBZ) on Thursday, effective October 1 replacing Kupukile Mlambo, whose term ended in June.
Zimbabwe annual inflation to decrease from October after intervention policies
Monetary authorities say Zimbabwe's annual inflation, which currently stands at 257%, will continue to rise until September this year, before slowing from October in response to central bank interventions.
RBZ sets rules for gold coins buying and selling
Individual and institutional buyers of the Reserve Bank of Zimbabwe (RBZ) gold coins will have to hold them for at least 180 days before selling.
RBZ exchange rate declines by 3pc for Zim dollar
The official Reserve Bank of Zimbabwe (RBZ) exchange rate hit $403.40 Zimbabwean dollars against the US dollar which according to experts was prompted by market forces.
Zimbabwe inflation rate rises to 191.6% in June, records continue to tumble
Zimbabwe's annual inflation rate accelerated to 191.6% in June, more than double the rise in consumer prices two months ago, official statistics showed on Saturday.
Mangudya blames greedy companies for Zim currency depreciation
RBZ governor John Mangudya has said the depreciation of local currency in recent months has been caused by companies pursuing selfish business models through excessive currency manipulation.
Mangudya maintains Zim dollar is properly backed despite currency crisis
Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya has said the country has a strong local currency safety strategy, with gold and other minerals accounting for 80% of total export earnings.
