RBZ Falls Deeper Into A Crisis of Confidence

By Mufaro Three years ago Mnangagwa assured “business and the general populace that bond notes are not going to replace the multi-currency basket”. Fast forward to today, trading in any other currency outside the bond note and RTGS is now illegal in Zimbabwe through Statutory Instrument 142 of 2019. RBZ’s policy interventions this week have sent …

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Kudos to RBZ On Cyber Security Drive, But….

By Tafadzwa Muranganwa The recent monetary policy by the Reserve Bank of Zimbabwe (RBZ) acknowledged cyber security risks the country faces and encouraged financial institutions to take pre-cautionary measures to deal with the phenomenon but a lot remains to be done. The institutions said it is, ‘aware that cyber risks will keep changing due to …

Continue reading “Kudos to RBZ On Cyber Security Drive, But….”

The post Kudos to RBZ On Cyber Security Drive, But…. appeared first on Kalabash Media.

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Kudos to RBZ On Cyber Security Drive, But….

By Tafadzwa Muranganwa The recent monetary policy by the Reserve Bank of Zimbabwe (RBZ) acknowledged cyber security risks the country faces and encouraged financial institutions to take pre-cautionary measures to deal with the phenomenon but a lot remains to be done. The institutions said it is, ‘aware that cyber risks will keep changing due to …

Continue reading “Kudos to RBZ On Cyber Security Drive, But….”

The post Kudos to RBZ On Cyber Security Drive, But…. appeared first on Kalabash Media.

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[DOWNLOAD] Reserve Bank of Zimbabwe 2019 Monetary Policy Statement

The Bank has taken note of the excellent contributions from the business community, bankers, the academia, the media and members of the public on the need to establish an inter-bank foreign exchange market to formalise the selling and buying of USDs through banks and bureau de change. This is essential in order to bring sanity …

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