Civil servants Nostro debit cards

RBZ speaks on unavailability of Nostro debit cards for civil servants

Some civil servants have been wondering why their respective banks haven't availed debit cards for their Domestic Nostro accounts, weeks after Finance Minister Mthuli Ncube announced the US$75 allowance. Well, the answer is here now. In a statement released by the Reserve Bank of Zimbabwe this afternoon, the central bank said many banks were caught … Continue reading RBZ speaks on unavailability of Nostro debit cards for civil servants

Mthuli Ncube

Mthuli Ncube to appeal against High Court’s ruling on the conversion of US dollars to RTGS

As expected, the Ministry of Finance will appeal against the High Court's ruling which said that the Reserve Bank of Zimbabwe's Directive that converted the US dollars into RTGS balances was illegal and unconstitutional. The matter will now go before the highest court, which is the Supreme Court. The Minister of Finance, Professor Mthuli NcubeContinue reading Mthuli Ncube to appeal against High Court’s ruling on the conversion of US dollars to RTGS