RBZ Unveils US$1.5 Billion Boost For Economic Growth
"The scheme which was adjusted to 12.5% for tobacco growers starting this year shall be tweaked to 10% for horticulture, cotton, macadamia and gold producers
ZTA To Host National Tourism Sector Strategy
the strategy seeks to harness and coordinate all efforts for holistic Tourism Development in Zimbabwe and ensure a shared vision for tourism development
Chinamasa Clarifies Govt Position on Bond Notes
Government has dismissed claims that bond notes will soon be phased out, saying there are lot of fundamentals that need to be put in place before the country can do away with the surrogate currency, introduced in 2016 to contain a threatening cash crisis. This follows
No Liquidity Crisis In Zim: Mangudya
Reserve Bank Of Zimbabwe Governor, Dr John Mangudya says contrary to public opinion, Zimbabwe has no liquidity crisis as there are enough Real Time Gross Settlements (RTGS), which are a true measure of a functioning economy. Mangudya who was speaking at a handover ceremony of the
Ultimatum for Unlicensed Tourism Operators
Unlicensed tourism operators have up to March 31 to have their papers in order or risk facing prosecution as government moves to restore sanity within the tourism industry, a cabinet minister has said. Tourism and Hospitality Industry Minister, Prisca Mupfumira told delegates who attended the handover
We Have Secured Enough Forex to Avert Fuel Crisis: Mangudya
The Reserve Bank Governor, Dr John Mangudya has assured Zimbabweans that his office has secured enough foreign currency to avert a potential cooking oil and fuel crisis in the country. Addressing stakeholders at the Confederation of Zimbabwe Industries (CZI) breakfast meeting in the capital on Wednesday,
Export Incentive Paying Dividends As Gold, Tobacco Production Soar
Reserve Bank of Zimbabwe's move to pay an export incentive scheme financed through bond notes seems to be paying dividends with the country recording a 10 and 17 percent rise in tobacco farming and gold production respectively. In his 2017 Monitory Policy Statement released on Wednesday,
Zimbabwe Needs an Alternative Monetary Arrangement Not Bond Notes
For the past three months or so, central bank authorities have been advancing efforts to introduce bond notes, which they admit is not money that can be used elsewhere across borders. Their chief motive is to encourage exports by easing cash shortages within the multi-currency
Mangudya vows to resign if bond notes fail
Reserve Bank of Zimbabwe Governor, Dr John Mangudya has sensationally claimed that he will resign if bond notes fail to resuscitate Zimbabwe crippling economy. The central bank governor made the remarks on Friday when he met members of #Tajamuka movement, after they petitioned him not to