adminRBZ to pay a flat rate of US$5 per account in order to all genuine and normal bank accounts
Conditions for Zimdollar return set: Forex reserves equal to one-year import cover, living wages, healthy business sentiment and healthy job market
Bond Coins: RBZ subsidiary, Easy Link Money Transfer Agent to distribute bond coins at no cost; a US50c bond coin to be introduced in March
Banks urged to slash interest rates to below 4 percent of the cost of funds per annum
ZAMCO buys US$65 million worth of NPLs; Calls for quid pro quo: Banks urged to return the favour by lowering charges
RBZ wants provision of basic banking services: Account opening deposit of US$5, Positive interest on deposits, Access to bank statements at no charge, only a copy of national ID must suffice to open an account.
US$200 million Afreximbank interbank facility now operational.
RBZ mobilises US$50 million to be managed by Fidelity Printers and Refiners and invested into gold production. Targets gold production of 30 tonnes by 2020
Fidelity Printers and Refiners to form a SPV with ZMDC in order to venture into gold mining
DIMAF facility for Bulawayo funds to be expanded and restructured
Threshold of accessing foreign loans without prior Exchange Control approval increased to US$10 million from US$7,5 million.
Tourism: RBZ calls for two-tier system: One for locals and another for foreigners. Urges Government to designate Victoria Falls a special economic zone
Wage and salary freeze proposed
Calls for tariff review
Expeditious review of Labour Act
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