RBZ finalising US$ deposit incentives

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya, says the apex bank is working with the Bankers Association of Zimbabwe (BAZ) on incentives to encourage corporates and individuals to bank US$. Zimbabweans, who suffered widespread losses during the hyperinflationary era, are largely reluctant to entrust large amounts of US dollars to the banks.Advertisements “We will…

Subscribe to read full article. Subscribe today

Related posts

Business prays for bold RBZ measures

Growth target faces ‘turbulence’

Zim inflation surges in January

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