Policy discipline key for ZiG success – Old Mutual Securities
By ETimes The Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu in his latest Monetary Policy Statement (MPS) said the country is abandoning its foreign currency auction system and…
Govt, RBZ to consolidate reserves
By Stephen Chandisareva HARARE – The government says it will supplement apex bank reserves with an additional US$300 million meant to stabilize the recently introduced currency, Zimbabwe Gold (ZiG). But…
RBZ cuts policy rate by 1333 bps, targets 2-5% USD inflation annually
By Stephen Chandisareva HARARE – Zimbabwe has announced a 1333 basis point cut in the key policy rate to 130% down from 150% due to a sustained decline in inflation…