Inflation kills off craving for TBs

LOCAL investors continue to shun government securities with low yields due to rising inflation, market experts have said. A fortnight ago, the Reserve Bank of Zimbabwe (RBZ)’s plans to raise $500 million to fund Covid-19 pandemic expenditure hit a snag after it got total bids amounting to $170 million, and only allotted $70 million for…

Subscribe to read full article. Subscribe today

Related posts

‘Financial crimes on the increase’

Zim taps into call centre business

Mining cadastre system nears completion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More