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.
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.
The Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit announced on Wednesday that it had frozen the assets of four officials who were implicated in facilitating gold smuggling.
A new Al Jazeera documentary has shed light on the alleged corruption taking place within Zimbabwe's government ahead of the 2023 elections.
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.
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.
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.
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.
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.
The Reserve Bank of Zimbabwe (RBZ) has uncovered a sophisticated practice by some of the country's biggest corporations unethically borrowing large sums of money from banks.