Raymond Madziva News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Raymond madziva. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Raymond Madziva Today - Breaking & Trending Today

Zimbabwe Central Bank hikes forex reserve requirement, raising growth concerns

The Reserve Bank of Zimbabwe has raised the statutory reserve requirement for foreign currency demand deposits from 15 percent to 20 percent, in a move aimed at curbing inflation. Analysts warn the increase could stunt economic growth. In its 2024 Monetary Policy Statement presented last week, the central bank raised the statutory reserve requirement by… ....

Raymond Madziva , Shawn Sakala , Namatai Maeresera , Reserve Bank , Policy Statement ,

Undercapitalised companies can't declare dividends – RBZ – The Zimbabwe Mail

The Reserve Bank of Zimbabwe (RBZ) has directed all banks and microfinance institutions that are not compliant with the regulatory minimum capital requirements not to declare dividends. In October 2022, the central bank extended the deadline for compliance with capitalisation requirements by 12 months to December 31, 2023 after some banking institutions struggled to meet… ....

John Mushayavanhu , Tinevimbo Shava , Raymond Madziva , Governor Of The Reserve Bank , Reserve Bank , Monetary Policy Statement , Governor Mushayavanhu ,