The Central Africa Building Society (CABS), which is a banking subsidiary under Old Mutual Zimbabwe, has underlined that it is dedicated to assist private sector investments that have potential to aid economic growth. Read more.
Tags : Reserve Bank of Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has commenced the functionality of the incremental export incentive scheme, which is said to have a goal of boosting export-led growth by seeing to it that some exporters retain up to 100% of their portion of earnings. Read more.
The treasury has indicated plans to raise $30 billion through the issuance of Treasury Bills and bonds to finance more Government projects in line with the 2021 National Budget. Read more.
As a way to mobilise more funds for the auction system, the Reserve Bank of Zimbabwe (RBZ) revised the forex retention threshold in January 2021 resulting in exporters surrendering 40% of their earnings to the Central Bank. Read more.
