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Money changers and the secret of their wisdom
THE foreign currency auction announced by the Reserve Bank of Zimbabwe recently appears to have started on a high note, but there is a nagging fear that those favourable comments by observers may have...Published: 28 Jun 2020 at 08:08hrs | 5731 | by Jonathan Maphenduka
Withdrawal limit increased
DEPOSITORS will be able to withdraw up to $1 000 weekly starting next Tuesday, the same day when new $10 and $20 notes will be introduced into circulation, the Reserve Bank of Zimbabwe (RBZ) said yest...Published: 16 May 2020 at 07:15hrs | 910 | by Staff reporter
German firm prints, delivers 60 tonnes of Zimbabwe's new bank notes
Zimbabwe on Thursday received 60,000kg (60 tonnes) in freshly-printed higher denomination bond notes, which the central bank says will go into circulation at the end of the month.The RBZ annou...Published: 14 May 2020 at 13:07hrs | 16345 | by Staff reporter
Zimbabwe to get new bank notes soon
THE Reserve Bank of Zimbabwe will introduce a new set of higher denomination bank notes over the next few weeks to increase physical money supply and curb prevailing cash shortages.Authorities...Published: 10 May 2020 at 07:32hrs | 1223 | by Staff reporter
RBZ offers reward to locate cash baron
THE Reserve Bank of Zimbabwe (RBZ) is offering a reward to anyone who will help locate a man captured in a video circulating on social media on Monday counting new $5 notes. In a statement, RB...Published: 08 May 2020 at 00:29hrs | 1447 | by Staff reporter
Significant decline in cash premiums: RBZ
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has said the recent injection of new bank notes and coins into the system has resulted in significant decline in cash premiums. In ...Published: 03 Dec 2019 at 07:18hrs | 2014 | by Staff rpeorter
Let's wield the whip if need be
No matter how many times it is told, the fable of "The Arab and the Camel" is never time-worn.Instead, it continues to hold an incredibly powerful reverence and relevance.Not surprisin...Published: 24 Nov 2019 at 14:04hrs | 95 | by Staff reporter
Police dismiss social media reports on wads of notes 'linked' to Mutodi
POLICE have dismissed as false, social media reports claiming that they intercepted wads of new bank notes linked to Media, Information and Broadcasting Services Deputy Minister, Energy Mutodi. ...Published: 15 Nov 2019 at 06:16hrs | 313 | by Staff reporter
Long queues as Zimbabwe releases new bank notes, coins
New bank notes and coins finally hit the streets of Zimbabwe on Tuesday after a false start the day before, with depositors forming long queues at banks and ATMs. The new notes are part of Pre...Published: 12 Nov 2019 at 12:07hrs | 3383 | by Staff reporter
Depositors fail to get new bank notes
LONG queues resurfaced at banks in Bulawayo on Monday morning as depositors hoped to withdraw the new Zimbabwean dollar notes as promised by the Reserve Bank of Zimbabwe.A snap survey conducte...Published: 11 Nov 2019 at 14:24hrs | 1844 | by Staff reporter
Let's embrace new Zimbabwean dollar notes
WE welcome the roll out of the new Zimbabwe dollar five and two dollar notes, which begin circulating today and urge the nation to embrace them as the country takes another major step in its currency ...Published: 11 Nov 2019 at 06:24hrs | 1666 | by Staff reporter
Policy inconsistency dogs economy
ZIMBABWE is again back in the jaws of policy inconsistency and discord, which characterised the late president Robert Mugabe's administration, pushing away foreign direct investment as a result, analy...Published: 10 Nov 2019 at 08:44hrs | 89 | by The Standard Editorial comment
Mnangagwa says new notes to ease cash shortages
The new bank notes and coins that are set to be introduced into the market tomorrow are expected to ease cash shortages and save the transacting public from being charged extortionate premiums by mobi...Published: 10 Nov 2019 at 08:21hrs | 472 | by Staff reporter
Government should introduce higher-value denominations
THE Reserve Bank of Zimbabwe (RBZ) should consider introducing higher value denominations than the current ZW$5 in order to reduce seigniorage losses, businessdigest has learnt.This comes afte...Published: 08 Nov 2019 at 05:13hrs | 773 | by Staff reporter
$2 coins issuance date set
Bond notes lifespan limitedBOND notes and coins will continue being used as legal tender in Zimbabwe for a limited period alongside new notes and coins, which will be put into circulation this mon...Published: 05 Nov 2019 at 06:45hrs | 3336 | by Staff reporter
$2 coins issuance date set
THE Reserve Bank of Zimbabwe (RBZ) will issue two-dollar coins on Monday next week and these will circulate alongside the two-dollar bond note, the Governor, Dr John Mangudya, said yesterday. ...Published: 05 Nov 2019 at 06:44hrs | 527 | by Staff reporter
New notes above board, monetary policy education key
The announcement of the imminent introduction of new bank notes and coins by the Reserve Bank of Zimbabwe (RBZ) on Tuesday prompted divided opinion among the transacting public.The development...Published: 01 Nov 2019 at 14:21hrs | 2495 | by Ashley Kondo
New Zimdollar notes and coins explained
The Reserve Bank of Zimbabwe (RBZ) will introduce new bank notes and coins to be used together with the bond notes in the next two weeks. Said RBZ governor Dr John Mangudya at the inaugural pr...Published: 31 Oct 2019 at 07:13hrs | 1721 | by Staff reporter
It's not a new currency, says Mthuli Ncube
FINANCE Minister Mthuli Ncube Tuesday said the country was not introducing a new autonomous currency as widely reported within local media but was only introducing a new family of domestic notes to wo...Published: 30 Oct 2019 at 07:47hrs | 5437 | by newzimbabwe
US$ ghost haunts Zimbabwe
ZIMBABWE remains stuck in the shackles of "dollarisation" despite the government's move to end the multicurrency system after a decade.On June 24, through SI 142 of 2019 also known as Reserve ...Published: 29 Oct 2019 at 19:58hrs | 2424 | by Staff reporter
New Zimdollar notes being printed
NEW bank notes will be introduced into the market in a few months' time to ease the current serious shortage of cash in the country, a Reserve Bank of Zimbabwe (RBZ) official has revealed.RBZ ...Published: 17 Oct 2019 at 08:59hrs | 38 | by Staff reporter
RBZ explains exchange rate depreciation
THE depreciation of the Zimbabwe dollar against the United States dollar and other currencies in recent weeks is as a result of the closure of the tobacco marketing season which is a major foreign cur...Published: 16 Sep 2019 at 23:53hrs | 2238 | by Staff reporter
We trust Zimbabwe has a future
We are not exactly optimists in this country. We have seen too many disasters; man-made disasters I should hasten to addWe have seen a Tsunami like Cyclone Idai, and we expect "the next cyclon...Published: 08 Aug 2019 at 07:56hrs | 485 | by Fr Oskar Wermter SJ
'Grace Mugabe apologised, admitting she had been fooled'
Former Zanu PF women's league treasurer Sarah Mahoka became one of the first ruling party top officials to push the G40 onslaught against President Emmerson Mnangagwa before he was briefly pushed out ...Published: 29 Apr 2018 at 09:37hrs | 15789 | by Staff Reporter
VST Enterprises codes a brighter economic future for Zimbabwe
First-of-its-kind national deployment to tackle counterfeiting, improve security and boost traceabilityManchester, UK - To support the rebuilding of th...Published: 25 Jan 2018 at 18:25hrs | 688 | by Agencies
Bids for new '£5 note' exceeds £35,000 on eBay
A new £5 note has reached over £35,000 on eBay with only 5bids.The bank note has a serial number ...Published: 11 Oct 2016 at 16:51hrs | 1470 | by Moyo Roy
Tsvangirai warns, Zanu-PF wants to pay debt
Opposition MDC leader Morgan Tsvangirai has accused President Robert Mugabe's administration of seeking to pay off its local debt using bond notes.This comes as $245 million issued in treasury...Published: 06 Jun 2016 at 12:40hrs | 5373 | by Staff reporter
Tsvangirai calls on Zimbabweans to reject bond notes
Morgan Tsvangirai on Thursday urged Zimbabweans to reject bond notes, the soon-to-be-introduced local version of the US dollar, warning that the southern African country would "return again to the emp...Published: 13 May 2016 at 16:09hrs | 3635 | by Staff reporter
Zimbabwe imports coins, notes from US
GOVERNMENT has finalised the importation of coins and new bank notes from the United States to alleviate change problems and soiled notes that have affected consumers in their transactions....Published: 06 Oct 2011 at 04:53hrs | 755 | by Staff reporter
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