Monetary Statement News Today

By Margaret KambaIn weeks leading up to the Monetary Statement by the newly appointed Reserve Bank o ...

President Emmerson Mnangagwa has appointed top-ranked banker, John Mushayavanhu, as the new governor of the central bank, almost a month before the end of John Mangudya’s term of office. Announcing the appointment in a government gazette on Thursday, Finance Minister Mthuli Ncube said...

OPINION: This could be the last hike in cycle, but near-future data will have final say.

Zimbabwe will not dollarise and will continue to use its local currency but it has been forced to pay civil servants part of their salaries in United States dollars because its currency is under attack, Justice Minister Ziyambi Ziyambi who is also leader of government business in Parliament said yesterday. Responding to a question from…

RBI") regulatory sandbox (" RS") announced last year, has started with two entities having initiated product testing from November 16, 2020, and with four more entities having started their test phase in December, 2020. The products in the first cohort include: (i) eRupaya?, a set of near-field communication- (" NFC") based prepaid cards and point-of-sale (" POS") devices to facilitate offline person-tomerchant (" P2M") transactions and offline digital products in remote locations; (ii) PaySe?,...