finance

RBZ issues ZiG500 million bill to stabilise currency

Advertisements THE Reserve Bank of Zimbabwe (RBZ) has issued a 90-day open-market ZiG500 million instrument to manage liquidity and stabilise the local currency.Advertisements The ZiG Denominated Term Deposit Facility Bill (ZiGDTDF) is a modern liquidity sterilisation tool introduced under the 2026 Monetary Policy Statement. In a notice, the RBZ said it aimed to “enhance reserve…

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Zinara targets nationwide tollgate modernisation

Advertisements THE Zimbabwe National Roads Administration (Zinara) has launched a programme to refurbish and modernise tollgates across the country aimed at sharpening service delivery, tightening revenue security, and eliminating traffic bottlenecks.Advertisements The initiative responds to growing public and government pressure to upgrade aging tolling infrastructure that is currently struggling to handle surging traffic volumes. In…

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