RBZ tightens debt rules to safeguard reserves

RBZ governor John Mushayavanhu

THE Reserve Bank of Zimbabwe (RBZ) has tightened rules governing foreign investment financing and stepped up oversight of sustainable finance in a bid to protect the country’s foreign currency reserves and align with international standards. Presenting his Monetary Policy Statement, RBZ governor John Mushayavanhu warned that the growing reliance on debt by foreign investors was…

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