RBZ begins digital dollar dry-run
The Reserve Bank of Zimbabwe (RBZ) has begun a dry-run to test the feasibility of a digital currency backed by gold that will be accepted as a legal tender for ...
Source: bulawayo24.com
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RBZ to maintain tight monetary policy stance
Bulawayo's most popular daily newspaper
Source: chronicle.co.zw
Dual currency system to continue
THE Reserve Bank of Zimbabwe has reiterated that the dual currency system will continue as the country cannot sustain full dollarisation. The downward slide of the exchange rate in recent days prompted the private sector under the umbrella of CEO Africa Roundtable to engage the Reserve Bank of Zimbabwe in Harare this Thursday. The candid…
Source: thezimbabwemail.com
Digital currency plan gains traction - The Standard
Several central banks are at various stages of introducing CBDCs to help their markets move away from cryptocurrencies, which trade independently, outside regulation.
Source: thestandard.co.zw
First Capital ropes in Western Union - The Zimbabwe Mail
HARARE - Zimbabwe Stock Exchange (ZSE), listed financial services provider, First Capital Bank Limited, says it will continue to enhance and reshape its service delivery for key market segments. This comes after the financial services group introduced a new collaborative partnership with Western Union to add to the two it already had arrangements with. First…
Source: thezimbabwemail.com