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Home » RBZ value preservation facility ‘promising’
National Report

RBZ value preservation facility ‘promising’

written by Mishma Chakanyuka, Staff Writer 0 comments
Rising debt levels and projected double-digit declines in official development assistance have highlighted the dire need for action plans that will enable Africa to pay for its own development, the African Tax Administration Forum (Ataf) cautions.
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THE introduction of a US dollar-denominated deposit facility (USDDDF) will protect exporters from potential foreign exchange losses on the surrender portion of their earnings, research firm FBC Securities has stated.The facility was introduced in the 2025 Monetary Policy Statement to safeguard value preservation.“Exporters with no immediate use for the Zimbabwe Gold (ZiG) equivalent of the…

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