Zimbabwe
Zimbabwe central bank aims to regain LORL and rate-setting powers
The Reserve Bank of Zimbabwe set to offer overnight lending to banks at a rate based on government debt yields from the end of March; will also begin issuing government treasuries
Gono steps down as Zimbabwe government takes on Reserve Bank debts
Reserve Bank governor survived political upheaval to fulfil two five-year terms at the head of the central bank; final act was to see the bank relieved of its crippling debts by the government
Zimbabwe governor says return of local currency is not on the cards
Gideon Gono issues post-election statement on country's multi-currency regime; tells banks and investors to stop panicking and get on with their boardroom strategies
Gideon Gono fears ‘financial isolation’ for Zimbabwe
Central bank governor believes country could lose access to global payments platforms and external lines of credit if the indigenisation of foreign-owned banks is forced through
Zimbabwean central bank chief slams ‘reckless’ indigenisation
Gideon Gono asserts his authority over the indigenisation of the country’s banking sector; Standard Chartered still operating despite government threat to withdraw licence
Reserve Bank of Zimbabwe backs mandatory bank takeovers
Governor Gideon Gono says foreign banks must observe ‘indigenisation' laws, which force them to hand majority ownership to local people; foreign direct investment flight continues
Gono warns government against ‘firing harmful, verbal economic gunpowder’
Gideon Gono says no intention to withdraw foreign banks’ licences; rebukes Zimbabwean government for issuing warning of nationalisation
Gono urges caution in banking sector split
Gideon Gono says indigenisation and economic empowerment plan must be applied in a way that benefits the population most broadly; urges caution in division of banking industry
Zimbabwe demands foreign banks hand over majority stake to locals
Reserve Bank of Zimbabwe governor Gideon Gono says central bank will outline penalties for foreign banks failing to adhere to controversial indigenisation law
Zimbabwe told to look to commercial banks for US coin supplies
Contrary to local media reports, Federal Reserve has not made formal arrangement with Harare
Zimbabwe to axe 74% of staff: reports
Reserve Bank of Zimbabwe governor Gideon Gono says central bank will axe 1,600 jobs as part of measure to downsize institution, according to leading media
Gono’s alleged affair stirs varied reactions
Reports that Reserve Bank of Zimbabwe governor Gideon Gono allegedly had a five-year affair with Robert Mugabe’s wife ricochet around international media
Zimbabwe orders end to seizure of central bank assets
Zimbabwe's finance minister Tendai Biti stops auctioning of central bank assets in bid to revive beleaguered institution
IMF flags concern over Reserve Bank of Zimbabwe’s governance
IMF cites severe governance failings as Zimbabwe’s central bank maintains Gideon Gono as chair of its new governing board.
Gono retains top job in new Zimbabwe board
Reserve Bank of Zimbabwe governor Gideon Gono shock survivor of management cull; nine new board members appointed to improve governance standards
IMF calls for Zimbabwe to scrap governing board
Fund acknowledges success of multi-currency regime at close of Article IV consultation
Zim’s Gono blasts local takeover bill
Reserve Bank of Zimbabwe governor Gideon Gono slams new law that will force foreign-owned firms to transfer 51% of ownership to locals
Zimbabwe’s central bank ‘technically insolvent’: reports
Local media sources report that Zimbabwe’s central bank is bankrupt after high court judge orders that its property be attached to unpaid debts
Zim finance minister looks to cut central bank authority
Tendai Biti, Zimbabwe’s finance minister, has tabled a bill that seeks to reduce the powers of the Zimbabwe’s central bank and its governor
Zim finance minister promises new central bank law
New reform bill will bring to a close quasi-fiscal activities when it is passed, says Tendai Biti
IMF sees signs of recovery in Zimbabwe
International Monetary Fund notes fledgling recovery following Harare mission
Tussle over Gono intensifies
Political wrangling over Gideon Gono's position as the head of the Reserve Bank of Zimbabwe intensified on Tuesday after Morgan Tsvangirai, the prime minister, called for the governor to be removed from office.
Zimbabwe "raided private bank accounts
Gideon Gono, governor of the Reserve Bank of Zimbabwe, the country's central bank, admitted on 20 April that he took hard currency from the bank accounts of private businesses and foreign aid groups without authorisation, in efforts to keep the country's…
Zimbabwe's Gono in the dock over unpaid wages
Employees of the Reserve Bank of Zimbabwe are taking Gideon Gono, the governor of the central bank, to court over his failure to pay them for three months, say local media reports.