Demand for the new Zimbabwean gold coins has been overwhelming and banks have been inundated by their corporate and individual customers seeking a legal and sensible way of preserving value.…
Tag: Reserve Bank of Zimbabwe
Zimbabwe names 18 forex abusers
Zimbabwe today named 18 foreign currency abusers, the most notable one being milling company, National Foods. It did not disclose the amount involved but said the companies named will face…
Covid-19: Workers lose jobs
ABOUT 14 percent of the country’s manufacturing companies were forced to retrench workers in 2020 due to the adverse effects of the novel Covid-19 pandemic, the Confederation of Zimbabwe Industries…
RBZ Forex Auction Sustains Raw Material Imports Priority
THE Reserve Bank of Zimbabwe (RBZ) foreign exchange auction system has sustained the raw materials importation priority after allotting over US$12 million towards the cause amid exchange rate stability. A…