Search results
Results from the WOW.Com Content Network
From 1994 to 1997, the Reserve Bank introduced the second series of Zimbabwe banknotes into circulation. Due to high inflation, which at the time peaked at 42.1% in 1992, [33] the rollout began with two new denominations, $50 and $100. Other denominations followed in 1997, while the $2 note was replaced by a coin. [34]
Mutapa Investment Fund, formerly known as the Sovereign Wealth Fund of Zimbabwe is a Zimbabwean sovereign wealth fund formulated by the Sovereign Wealth Fund Act (Chapter 22:20). [2] It was renamed after the re-election of Emmerson Dambudzo Mnangagwa as the president of Zimbabwe , doing so by using Statutory Instrument 156 of 2023. [ 3 ]
AFC Commercial Bank Ltd, state-owned; African Banking Corporation Zimbabwe Ltd (BancABC), part of Atlas Mara Group; CBZ Bank Ltd; Ecobank Zimbabwe Ltd, part of Ecobank Group; FBC Bank Ltd, part of the FBC Group; First Capital Bank Zimbabwe Ltd, part of First Capital Bank Group; Metbank Ltd; Nedbank Zimbabwe Ltd, part of Nedbank Group; NMB Bank Ltd
Zimbabwean bond notes were a form of banknote in circulation in Zimbabwe. Released by the Reserve Bank of Zimbabwe, the notes were stated to not be a currency in itself but rather legal tender near money pegged equally against the U.S. dollar. In 2014, prior to the release of bond notes, a series of bond coins entered circulation. [1]
Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation, the finance minister said in a government notice on Thursday, at a time inflation is soaring ...
Ministry of Finance and Investment Promotion formerly known as Ministry of Finance and Economic Development is a government ministry, responsible for the economy of Zimbabwe. The incumbent Finance Minister is Mthuli Ncube [ 1 ] while the Deputy Minister is David Kudakwashe Mnangagwa . [ 2 ]
In November 2016 backed by a US$200 million Afreximbank loan the Reserve Bank of Zimbabwe began issuing $2 bond notes. [4] Two months later US$15 million worth of new $5 bond notes were also released. [5] Further plans for $10 and $20 bond notes were ruled out by the central bank's governor, John Mangudya. [6]
Pages in category "Government-owned companies of Zimbabwe" The following 15 pages are in this category, out of 15 total. This list may not reflect recent changes .