Zimbabwe Resists Reserve Bank Debt Takeover

The proposed takeover of the Reserve Bank's debt faces resistance as members of the public, bankers and the business community are calling for a thorough audit of the debt following revelations that the government is not aware how part of the debt accumulated.

  • Zimbabwe:   RBZ Debt Takeover Faces Resistance

    The Herald, 19 September 2014

    The proposed takeover of the Reserve Bank of Zimbabwe debt faces stiff resistance as members of the public, bankers and the business community called for a thorough audit of the… Read more »

  • Zimbabwe:   Zimbabweans Refuse to Adopt U.S.$1.3 Billion RBZ Debt

    New Zimbabwe, 16 September 2014

    ZIMBABWEANS on Tuesday told a parliamentary committee that only those who benefited from the central bank's quasi-fiscal activities at the height of the country's economic crisis… Read more »

  • Zimbabwe:   RBZ Debt Hearing Starts

    The Herald, 15 September 2014

    THE Finance and Development portfolio committee public hearings on the Reserve Bank of Zimbabwe Debt Assumption Bill start in Mutare today. The committee's four meetings will be… Read more »

  • Zimbabwe:   Zimbabweans to Repay U.S $1.3 Billion RBZ Debt

    New Zimbabwe, 14 September 2014

    THE government has moved to formalise its takeover of the controversial US$1.3 billion Reserve Bank of Zimbabwe (RBZ) debt in a development a Zanu PF legislator warned could mean… Read more »

  • Zimbabwe:   RBZ Takes Kombo Moyana's Firm to Court

    The Herald, 10 September 2014

    The Reserve Bank of Zimbabwe is embroiled in a legal battle with the firm of its former governor Dr Kombo Moyana over the sale of a block of flats in Avondale, Harare, seven years… Read more »

  • Zimbabwe:   Meikles Pins Hopes On RBZ

    Zimbabwe Independent, 5 September 2014

    LISTED diversified group Meikles Ltd (Meikles) is pinning its hopes on concluding the recovery of the remaining half of a US$90 million that was held on deposit at the Reserve Bank… Read more »

  • Zimbabwe:   Zim Set to Join Elite Financial Market

    The Herald, 22 September 2014

    Zimbabwe is set to join the world's elite financial markets group and become the ninth African member country if its application is approved by the Financial Markets Association at… Read more »

  • Zimbabwe:   RBZ Struggles to Pay Water Bill

    Zimbabwe Independent, 29 August 2014

    In a development which symbolises Zimbabwe's liquidity crunch, the Harare City Council recently cut off water supply for more than two weeks to the Reserve Bank of Zimbabwe (RBZ)… Read more »

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