The Reserve Bank of Zimbabwe (RBZ) has released five dollar bond notes worth fifteen million dollars into the domestic market starting today (Thursday).
The RBZ Governor Doctor John Mangudya confirmed this latest development saying this brings the total amount of bond notes released to date to US$87.9 million which is 77.8 percent of the aggregate value of the export incentive scheme.
Dr Mangudya also said the security features of the five dollar bond notes are similar to those of the two dollar bond notes.
VICE President Emmerson Mnangagwa has said it was high time Zimbabweans started trusting government’s intention regarding the introduction of bond notes. This comes as negative sentiments over the imminent introduction ...
HARARE - Zimbabwean companies face increasing problems in making international payments and getting their hands on foreign currency.
This is owing to the termination of correspondent-bank arrangements by international finance institutions, ...
Drake ended Ed Sheeran’s two week reign atop the Billboard 200 album chart on Monday, selling a monster 505,000 copies of his new album “More Life,” according to figures from Nielsen SoundScan. The Canadian rapper, […]
RONNIE Mudhindo’s musical journey is not complete without the mentioning of his early days with the late Tongai “Dhewa” Moyo and Utakataka Express band. The reference involves both sweetness and sourness. Utakataka fans may remember […]