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The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe, established by the Reserve Bank of Zimbabwe Act. Its primary mandate is to formulate and implement monetary policy with the main objective of ensuring low and stable inflation levels. The RBZ also fosters the liquidity, solvency, stability, and proper functioning of Zimbabwe's financial system, issues currency (most recently the Zimbabwe Gold - ZiG), manages gold and foreign exchange reserves, acts as a banker and financial advisor to the Government, and plays a crucial role in promoting economic development.
Serves as the primary administrative and operational hub for all central banking functions, including monetary policy formulation, financial market operations, banking supervision, currency issuance, and economic research.
The RBZ building is an iconic high-rise structure in Harare's skyline, known for its distinctive architecture. It houses secure vaults for currency and gold reserves, and advanced data processing centers.
The work culture is characterized by professionalism, precision, and a high degree of confidentiality, reflecting its critical role in national economic management. Emphasis is placed on analytical rigor, policy adherence, and public service.
The headquarters is the nerve center of Zimbabwe's monetary system, where key decisions impacting the nation's economy, inflation, and financial stability are made and implemented.
As Zimbabwe's central bank, the RBZ's primary operations are domestic. Its international engagement includes maintaining relationships with other central banks, participating in international financial institutions (like the IMF, World Bank, African Development Bank, SADC Committee of Central Bank Governors), managing foreign currency reserves, and facilitating international payments.
80 Samora Machel Avenue
Harare
Harare Province
Zimbabwe
Address: Leopold Takawira Avenue / Main Street, P.O. Box 162, Bulawayo
Facilitates currency distribution, banking services for financial institutions in the Matabeleland region, economic monitoring, and implementation of RBZ policies at a regional level.
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As of April 2025, Reserve Bank of Zimbabwe' leadership includes:
Reserve Bank of Zimbabwe has been backed by several prominent investors over the years, including:
The most significant executive change in the past year was the appointment of a new Governor, Dr. John Mushayavanhu, following the end of Dr. John Mangudya's term.
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The common email format for the Reserve Bank of Zimbabwe generally follows a pattern using the employee's name. For official correspondence, it's recommended to use contact forms or general inquiry emails provided on their official website to ensure your message reaches the correct department.
[first_initial][last_name]@rbz.co.zw or [first_name].[last_name]@rbz.co.zw
Format
jchigome@rbz.co.zw
Example
60%
Success rate
Reuters • May 7, 2024
Zimbabwe's new gold-backed currency, the ZiG, has continued to strengthen against the U.S. dollar since its introduction in April, trading at 13.42 to the dollar on Tuesday from 13.56 at its launch. The central bank has been closely monitoring its performance....more
Bloomberg • April 5, 2024
The Reserve Bank of Zimbabwe introduced a new currency, known as Zimbabwe Gold (ZiG), which is backed by a basket of foreign currency reserves and precious metals, primarily gold. This is the latest attempt to create currency stability and curb high inflation....more
The Herald Zimbabwe • April 29, 2024
The Reserve Bank of Zimbabwe allotted US$4,6 million through the wholesale foreign currency auction system as it moves to ensure adequate ZiG liquidity in the market. The funds were primarily for banks to support their customers' international payment needs....more
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