What Does Reserve Bank of Zimbabwe Do?

Total employees650
HeadquartersHarare
Founded1964

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.

Where Is Reserve Bank of Zimbabwe's Headquarters?

HQ Function

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.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' robust structure and formal design reflect values of stability, security, authority, and economic stewardship for the nation.

Location:

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.

Street Address:

80 Samora Machel Avenue

City:

Harare

State/Province:

Harare Province

Country:

Zimbabwe

Where Else Does Reserve Bank of Zimbabwe Operate Around the World?

Bulawayo, 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.

Buying Intent Signals for Reserve Bank of Zimbabwe

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Reserve Bank of Zimbabwe? Meet the Executive Team

As of April 2025, Reserve Bank of Zimbabwe' leadership includes:

Dr. John Mushayavanhu - Governor
Dr. Jesimen T. Chipika - Deputy Governor
Dr. Innocent Matshe - Deputy Governor

Who's Investing in Reserve Bank of Zimbabwe?

Reserve Bank of Zimbabwe has been backed by several prominent investors over the years, including:

The Government of Zimbabwe (as the sole shareholder)

What Leadership Changes Has Reserve Bank of Zimbabwe Seen Recently?

Hire1
Exits1

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.

Departures

Dr. John Panonetsa Mangudya, Dr. John Mangudya's term as Governor ended upon its expiry.

New Appointments:

Dr. John Mushayavanhu, Dr. John Mushayavanhu appointed to lead the Reserve Bank of Zimbabwe as the new Governor.

What Technology (Tech Stack) Is Used byReserve Bank of Zimbabwe?

Discover the tools Reserve Bank of Zimbabwe uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Reserve Bank of Zimbabwe Email Formats and Examples

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

What's the Latest News About Reserve Bank of Zimbabwe?

ReutersMay 7, 2024

Reserve Bank of Zimbabwe news title: Zimbabwe's new ZiG currency continues to firm against US dollar

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

BloombergApril 5, 2024

Reserve Bank of Zimbabwe news title: Zimbabwe Introduces New Gold-Backed Currency Called ZiG

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 ZimbabweApril 29, 2024

Reserve Bank of Zimbabwe news title: RBZ allots US$4,6m on wholesale forex auction

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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