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Zimbabwe: RBZ MPC Maintains Stability Course, Avoiding New Measures
The Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has resolved to maintain the current course of stability by refraining from implementing ...
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Zimbabwe Stops Foreign Currency Borrowing
Amidst weakening local currency, Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles to ...
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Zimbabwe: RBZ Raises Key Rate to 150 Percent Amid Financial Turmoil
The Reserve Bank of Zimbabwe (RBZ) has reviewed upwards the main policy rate to 150 percent from 140 percent as part of measures ...
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Zimbabwe: RBZ Raises Key Rate to 150 Percent Amid Financial Turmoil
The Reserve Bank of Zimbabwe (RBZ) has reviewed upwards the main policy rate to 150 percent from 140 percent as part of measures ...
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Zimbabwe’s Gold-backed CBDC poses threat to Financial Stability – IMF
The International Monetary Fund (IMF) has called on Zimbabwe’s financial authorities to attentively weigh the advantages of issuing a gold-backed digital currency against the possible ...
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Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations. Zimbabwe’s central bank has set a ...
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Zimbabwe: Old Mutual Zimbabwe Limited Launches a Fintech Business, Old Mutual Digital Services
Financial services giant Old Mutual Zimbabwe Limited has launched its Fintech business, Old Mutual Digital Services (Private) Limited (OMDS), a subsidiary that will ...
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Zimbabwe plans to issue gold-backed digital tokens
Zimbabwe’s central bank plans to sell a gold-backed digital currency to the public from May 8 in another attempt to stabilise its tumbling ...
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Zimbabwe: To boost its fiat currency, Zimbabwe will launch a gold-backed digital currency
Faced with Zimbabweans’ lack of confidence in the national currency, the government has resolved to introduce a gold-backed digital currency, which would allow ...
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Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country. The move ...