Tag: John Mangudya
“WE HAVE ENOUGH USDs” Mangudya
Harare - The Reserve Bank Governor John Mangudya has issued a statement refuting claims that the state coffers have run dry of United States...
We are on our own in fighting COVID-19 – Mangudya
Farai Mabeza
Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency...
RBZ completes blocked funds validation
HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds...
US$ bounces back, exchange rate fixed
Xolisani Ncube
The Reserve Bank of Zimbabwe has re-introduced the use of multi-currency system as a way of fighting the highly contagious Covid-19 pandemic.
In a...
RBZ says on-course to stabilising exchange rate but de-dollarisation is a...
Highlights
Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency and...
Sakunda sweats over US$50 million debt
Staff Writer
Kudakwashe Tagwirei’s Sakunda Holdings is sweating over US$48 million that it owes to its London-Stock Exchange listed technical partner, Aggreko accumulated from the...
