Political largesse broke the Reserve Bank of Zimbabwe; now the state wants the public to fill up the coffers, but they are not amused.
High-level sources say the former Reserve Bank governor looks certain to become finance minister.
A former Reserve Bank adviser has asked Zimbabwe’s Constitutional Court to verify his claims that millions were stolen during Gideon Gono’s tenure.
The central bank governor’s term ends this month but if President Robert Mugabe asks him to stay on again, he might.
The recently launched mobile banking platform EcoCashSave could further shake a banking sector already reeling under financial strain.
Allegations of corruption levelled against Reserve Bank governor Gideon Gono have returned to haunt the sacked Zanu-PF MP Munyaradzi Kereke.
Zimbabwe Reserve Bank governor Dr Gideon Gono says the government has no plans to reintroduce the local currency in the near future.
Implats has taken "legal advice" to protect its rights.
The Zimbabwean government is pushing to revive Interfin Banking Corporation because it owes it millions.
Indigenisation Minister Saviour Kasukuwere and Reserve Bank of Zimbabwe governor Gideon Gono are locked in a battle over indigenisation policy.
Unstable policies have resulted in Zimbabwe’s citizens relying more on cash and shying away from depositing their money in banks.
The Reserve Bank of Zimbabwe is severely hamstrung by a debt bill of $1.5-billion.
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.
Speculating about the alleged misfortunes of their leader is a national pastime for Zimbabweans.
Governance at Zimbabwe’s central bank must be strengthened and its role refocused after the country abandoned its local currency, the IMF says.
Zimbabwe’s lower house of Parliament has passed a Bill to reform central bank operations that will reduce the powers of its governor.
Zimbabwe’s central bank chief on Wednesday accused Finance Minister Tendai Biti of stalling the distribution of -million received from the IMF.
Zimbabwe’s crippled economy received a boost when the IMF sanctioned a -million loan, its first to the country in a decade.
Zimbabwe’s central bank governor on Thursday proposed bringing back the worthless local currency and ensuring its value by backing it with gold.
Zimbabwe Reserve Bank Governor Gideon Gono has slammed some local banks for allegedly holding on to millions of US dollars.
