HARARE,-Reserve Bank of Zimbabwe governor John Mushayavanhu has issued his maiden monetary policy statement, bringing with him a new gold-backed currency and promises to end the money-printing that tanked the Zimdollar. In his speech, Mushayavanhu talked tough, saying quasi-fiscal activities “were in the past”. Repeatedly, Mushayavanhu said “not under my watch” would the mistakes of…
NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.
FORMER finance minister Tendai Biti says government must shut down the Reserve Bank of Zimbabwe (RBZ) arguing it has become a rogue and unnecessary institution. Speaking at a Zimbabwe Debt Indaba hosted by the Zimbabwe Coalition on Debt and Development (ZIMCODD) in Harare, Biti said Zimbabwe has no need for an institution like the RBZ.…
NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.