New Currency/Notes: Who should we believe, Mangudya or Mthuli?
Mangudya Suspends 4 Senior RBZ Officials
By Staff Reporter Zimbabweans find themselves at crossroads, unsure whether to believe Reserve Bank of Zimbabwe Governor John Mangudya or Finance Minister Mthuli Ncube on the currency issue. Mangudya had told the media at a press conference that the country will be introducing a new currency that will circulate alongside the Bond Notes, however, his …
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Mangudya And The “Command” Monetary Policy
PRESS STATEMENT Reserve Bank of Zimbabwe (the “Bank”) wishes to advise members of the public that following allegations of impropriety levelled against senior officials of the Bank, namely Messrs Mirirai Chiremba, Norman Mataruka, Gresham Muradzikwa and Azvinandawa Saburi, by Mr Lumumba, the Bank has found it necessary, for the sake of transparency and good …
Calls for Mangudya to resign intensifies
By Dr Baba The much anticipated monetary policy by the Reserve Bank of Zimbabwe (RBZ) did not live up to expectation as it favoured the elites at the expense of the suffering ordinary man in the streets and the ‘Gogo’ kumaruzevha uko. Given the ridicule and shame I got from my wife Dr Amai, […]
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[Download] Mid Term Monetary Policy Statement 2017
By Staff Reporter Zimbabwe Congress of Trade Union (ZCTU) has urged the government to immediately replace the Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya with a competent and non-partisan individual who can bring sanity to the monetary system. Responding to the current price hikes, shortage of basic commodities and fuel shortage in the country, ZCTU president Peter Mutasa said RBZ was to blame …
This Monetary Policy Statement is issued in terms of Section 46 of the Reserve Bank of Zimbabwe Act [Chapter 22:15] which requires the Bank to issue a statement containing an evaluation of the monetary policy of the last preceding six months and a description of the policy measures to be followed by the Bank during the next succeeding six months. Download Mid Term Monetary Policy …