Taxpayers expected to rescue Zimbabwe’s Reserve Bank
Political largesse broke the Reserve Bank of Zimbabwe; now the state wants the public to fill up the coffers, but they are not amused.
Gideon Gono
‘Gono is set to replace Chinamasa’
High-level sources say the former Reserve Bank governor looks certain to become finance minister.
Gono, Biti and missing cash
A former Reserve Bank adviser has asked Zimbabwe’s Constitutional Court to verify his claims that millions were stolen during Gideon Gono’s tenure.
Zim: Will Gono go gracefully?
The central bank governor’s term ends this month but if President Robert Mugabe asks him to stay on again, he might.
Zim: Mobile bank shakes up industry
The recently launched mobile banking platform EcoCashSave could further shake a banking sector already reeling under financial strain.
Zanu-PF acts to silence Kereke
Allegations of corruption levelled against Reserve Bank governor Gideon Gono have returned to haunt the sacked Zanu-PF MP Munyaradzi Kereke.
No Zim dollars yet, says Reserve Bank
Zimbabwe Reserve Bank governor Dr Gideon Gono says the government has no plans to reintroduce the local currency in the near future.
Mugabe broadside leaves Zimplats takeover in a muddle
Implats has taken "legal advice" to protect its rights.
Scramble to rescue Zim bank
The Zimbabwean government is pushing to revive Interfin Banking Corporation because it owes it millions.
Row over Zim indigenisation deals
Indigenisation Minister Saviour Kasukuwere and Reserve Bank of Zimbabwe governor Gideon Gono are locked in a battle over indigenisation policy.
Zimbabwean depositors shun banks
Unstable policies have resulted in Zimbabwe’s citizens relying more on cash and shying away from depositing their money in banks.
No image available
Zimbabwe’s reserve bank up to its ears in debt
The Reserve Bank of Zimbabwe is severely hamstrung by a debt bill of $1.5-billion.
No image available
Zim central bank to cut 1 600 jobs
Zimbabwe’s central bank will lay off 74% of its workers as part of a drive to return focus to its core role as a monetary authority.
No image available
Cuckold story taken with a pinch of salt
Speculating about the alleged misfortunes of their leader is a national pastime for Zimbabweans.
No image available
IMF: Zim central bank needs reform
Governance at Zimbabwe’s central bank must be strengthened and its role refocused after the country abandoned its local currency, the IMF says.
No image available
Zim Parliament passes Bill to reform central bank
Zimbabwe’s lower house of Parliament has passed a Bill to reform central bank operations that will reduce the powers of its governor.
No image available
Zim officials clash over use of IMF cash
Zimbabwe’s central bank chief on Wednesday accused Finance Minister Tendai Biti of stalling the distribution of -million received from the IMF.
No image available
IMF provides $510m loan for Zimbabwe
Zimbabwe’s crippled economy received a boost when the IMF sanctioned a -million loan, its first to the country in a decade.
No image available
Zim state bank boss calls for gold-backed currency
Zimbabwe’s central bank governor on Thursday proposed bringing back the worthless local currency and ensuring its value by backing it with gold.
No image available
Gono slams Zim banks
Zimbabwe Reserve Bank Governor Gideon Gono has slammed some local banks for allegedly holding on to millions of US dollars.
No image available
Mugabe defends beleaguered central bank chief
Zimbabwe’s central bank chief, who presided over world-record hyperinflation, will keep his job despite objections raised within the unity government.
No image available
Zim admits to raiding private bank accounts
Zimbabwe’s central bank governor admits he took money from the bank accounts of private businesses and foreign aid groups without permission.
No image available
Gono: Zim must repay debt, reform economy
Zimbabwe’s central bank governor said the country must repay debts to multilateral institutions, restore donor relations and push through reforms.
No image available
Gono under pressure to go
Gideon Gono, governor of the Reserve Bank of Zimbabwe, seems determined to cling to his job amid mounting opposition clamour for his removal.
No image available
New banknotes, same problems in Zimbabwe
Zimbabwe rolled out a new set of banknotes and coins on Friday to ease the effects of a ravaging economic crisis.
No image available
Zim to lop 10 zeros off currency
Zimbabwe will re-denominate its dollar by removing 10 zeros from August 1, central bank Governor Gideon Gono said on Wednesday.
No image available
Journos added to EU hit list
Even for those who are not Robert Mugabe’s nearest and dearest will see shopping trips to Europe becoming something of the past.
No image available
Zim inflation zips to new daily highs
Zimbabwe’s official inflation rate has escalated to 2,2-million percent, driving the cost of a loaf of bread to about one-third of a teacher’s monthly salary.
No image available
Zim inflation hits 2,2-million percent
Zimbabwe’s annual rate of inflation has hit a new record high of 2,2-million percent, central bank Governor Gideon Gono said on Wednesday.
No image available
UK names clique of six men behind ‘campaign of terror’
Zanu-PF rose to the top after Zimbabwe’s independence in 1980 by being more centralised, conspiratorial and ruthless than all its rivals.
No image available
As prices soar, Zimbabwe hopes for end to turmoil
Before Zimbabwe’s disputed elections in March, Z-billion could get you a room in a five-star hotel. Today, Gabriel Matope hopes it will buy him two litres of cooking oil — if he can find some. More than six weeks after the poll, Zimbabwe’s economic crisis is deepening every day and pushing ordinary citizens to despair.
No image available
Zimbabwe opposition rejects presidential run-off
Zimbabwe’s opposition Movement for Democratic Change (MDC) will not participate in a presidential run-off against Robert Mugabe, a top party official said on Thursday, after reports of escalating violence deepened a post-election crisis. The MDC believes its leader Morgan Tsvangirai won the outright majority in the March 29 election.
