Business

RBZ issues $400 million Treasury Bills (TBs)

THE Reserve Bank of Zimbabwe (RBZ) this month march 2021, has gone to the market seeking to raise $400 million through the issuance of 270-day Treasury Bills to fund Government programmes and cashflow management with the previous TB action held in August 2019. Read more.

Zimbabwe

Zimbabwe dollar to devalue further in 2021

The introduction of foreign exchange system on 23rd June 2020 by Reserve Bank of Zimbabwe to stabilize the exchange rate has been described as a short-term measurement as the year on year inflation   continue to rise. Read more