Zimbabwe’s government has released more money into the market in order to deal with economic and financial problems affecting the country.
With strikes looming ahead due to non payment of civil servants bonus, the treasury has been forced to authorise more money into the troubled market.
The Reserve Bank of Zimbabwe (RBZ) has released five dollar bond notes worth fifteen million dollars into the domestic market starting yesterday, 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.
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