RBZ injects more money into circulation. According to statistics released last Friday by the central bank, cash in circulation increased to $1.661 billion for the week to June 19, 2020 up from $1.552 billion for the week ending 12 June 2020.
The Reserve Bank of Zimbabwe (RBZ) says it injected approximately $64 million cash into circulation during the week ending June 19, 2020.
The central bank is, however, taking a cautious approach in injecting cash into circulation given the lack of confidence in the market.
Both RBZ governor Dr John Mangudya and Finance Minister Mthuli Ncube have said cash will be injected into the economy on a gradual basis.
Source – Bulawayo24 News
In other news – Mai Titi buys herself a Mercedes Benz: Video
Mai Titi buys herself a Mercedes Benz: Video. Its good news coming from Mai Titi’s side as she has bought herself a Mercedes Benz. The comedian/singer who has been making headlines as of let clashing with the controversial USA-based Prophet Passion Java overpayment of adverts and issues of cars as well has done it.
Mai Titi real name Felistas Edwards has come a long way and her hard workings are speaking for themselves. She might be all-over social media for all the wrong things but one thing we all…continue reading.