‘Bond notes will start circulating by the end of next month’- Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya

‘Bond notes will start circulating by the end of next month’- Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya

 THE Reserve Bank of Zimbabwe (RBZ) has announced that bond notes will start circulating by the end of next month with an initial equivalent of about $75 million injected into the market by the end of the year. Presenting his Mid-Term Monetary Policy Statement yesterday, RBZ Governor, Dr John Mangudya, said the bond notes strategy would impact positively on the economy as he appealed for Zimbabweans to have trust and confidence in the merits of the…

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Zimra Revenues Fall As Company Executives Divert Earnings To Individual Accounts

THE Reserve Bank of Zimbabwe (RBZ) yesterday made shocking revelations that company executives were diverting earnings to individual accounts to dodge the tax collector. RBZ governor, John Mangudya’s remarks at the Confederation of Zimbabwe Industries (CZI) meeting to unveil the Manufacturing Sector Survey report for 2015 stunned guests, as it brought to the fore the cat-and-mouse games between companies battling to preserve scant earnings and the Zimbabwe Revenue Authority (ZIMRA) struggling to meet revenue targets….

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