RBZ identifies banks to fund student grants

THE Reserve Bank of Zimbabwe has identified three financial institutions that will work with Government to avail educational grants to students at higher and tertiary institutions in the country. In an interview on Friday, RBZ Governor Dr John Mangudya said discussions with the three banks were now advanced and what was left was how the loans will More...

by Lex Vambe | Published 1 day ago
By Lex Vambe On Friday, January 20th, 2017

Zimbabwe government allows $300 withdrawal limit for civil servants

THE Reserve Bank of Zimbabwe has agreed to allow civil servants a once-off $300 withdrawal of their salaries in a bid to minimise bank charges and transport costs. Civil servants’ representatives under the banner More...

By reporter263 On Tuesday, January 17th, 2017

Zimbabwe government releases January pay dates for civil servants …Army, Airforce gets priorty

Government has released pay dates for civil servants with members of the Zimbabwe National Army and Air Force of Zimbabwe set to receive their salaries today. In a statement issued yesterday by the Ministry of More...

BOND notes
By reporter263 On Sunday, January 15th, 2017

$5 dollar bond note only coming in March

Reserve Bank of Zimbabwe governor John Mangudya has called on Zimbabweans to embrace plastic money as the $5 bond note is only coming in March and it will be released gradually like he did with the $2 note. The More...

By reporter263 On Monday, January 9th, 2017

Motorists Face New Road Fee In Zimbabwe

Harare motorists are set to fork out more for using city roads as the local authority mulls introducing a fee for road maintenance following inadequate allocations from the Zimbabwe National Road Administration More...

By reporter263 On Friday, January 6th, 2017

Zimbabwe pumps more bond notes into circulation

THE Reserve Bank of Zimbabwe (RBZ) has more than doubled the current holdings of bond notes to $79 million in just less than a month as the central bank moves to ease a biting cash crunch amid concerns the apex More...

By Lex Vambe On Thursday, January 5th, 2017

How Manx money is helping Zimbabwe

Louise Whitelegg plays leggy with children at a special needs unit in the Binga district of Zimbabwe. Christian Aid regional co-ordinator Louise Whitelegg travelled across Zimbabwe in December More...

By Lex Vambe On Monday, January 2nd, 2017

Chinotimba asks why Parliament is debating bond notes when they are already in circulation

Buhera South legislator Joseph Chinotimba told Parliament not to waste time by discussing a currency that was already in circulation. “We should just make sure the bill ion bond notes sails through so that More...

By Lex Vambe On Saturday, December 31st, 2016

Bond notes are Zimbabwe dollars:MDC-T

MDC-T Shadow Minister for Finance says bond notes are Zimbabwe dollars Movement for Democratic Change Shadow Minister for Finance Tapiwa Mashakada says the Reserve Bank of Zimbabwe Amendment Bill which is aimed More...

By reporter263 On Friday, December 23rd, 2016

Tourists buy up old trillion dollar bills in Zimbabwe

  old trillion dollar bills in Zimbabwe Western visitors to Zimbabwe are snapping up old, defunct bank notes, most notably the 100 trillion dollar  Zimbabwe dollar bill, as an economic souvenir. At 100 followed More...