The Confederation for Zimbabwe Industries (CZI) has backed down on its earlier claims after public row with the Reserve Bank of Zimbabwe.
The row was over the central bank’s auction system and its handling of the foreign currency crisis.
In response, the central bank reprimanded the industries body, saying its claims we’re baseless and unfounded.
RBZ said CZI’s comments would cause discomfort in the market.
Meanwhile, CZI also backed down on its fears that the government may return to sole Zimdollar use.
Zwnews
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More