John Mushayavanhu

Zimbabwean bank governor

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6 quotes

If we wanted to buy back all the local currency in circulation using our reserves, we could do so at an exchange rate of around 15 to the dollar,
By June 2026, mobile operators must, with the assistance of the Registrar General, verify all accounts and remove any that cannot be validated with a legitimate ID (identity document),
The Reserve Bank encourages bank encourages banks to deepen financial intermediation, expand their depositor base and put in place incentives or structures that further minimize bank charges to depositors, such as fee waivers for depositors who maintain a specific minimum, consistent with international best practices,
We need to make sure inflation is anchored first, therefore the policy rate will remain at 35%,
The banking sector has come under heavy scrutiny and criticism for high bank charges and fees,
This will be achieved via sustained export surrender enforcement, strategic mineral purchases and our robust external sector.... A growing reserve chest will further entrench ZiG stability and external shock resilience,

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