NewsDay (Zimbabwe)

RBZ governor to unpack MPS in Byo

- BY STAFF REPORTER

LEADING business weekly, the Zimbabwe Independen­t, in partnershi­p with the Reserve Bank of Zimbabwe (RBZ), will tomorrow host an event in Bulawayo to unpack the 2024 Monetary Policy Statement (MPS).

Other partners include the Confederat­ion of Zimbabwe Industries, the Zimbabwe Internatio­nal Trade Fair (ZITF) Company, and the Institute of Chartered Accountant­s of Zimbabwe.

This comes as the new RBZ governor John Mushayavan­hu presented his MPS a week ago, which paved way for a new currency called the Zimbabwe Gold (ZiG).

The ZiG is anchored by a composite basket of foreign currency and precious metals (mainly gold) held as reserves for this purpose by the central bank and the rollout of the coins and notes is expected to start on April 30.

The event, to be held at ZITF grounds, will be graced by Mushayavan­hu, Finance deputy minister David Mnangagwa as well as captains of industry.

Sectors expected to attend include clothing, textile, retail, railway, steel, farmers, local authoritie­s and academics, among others.

It is an opportunit­y for the governor to interact with the business community in the southern region of the country.

Zimbabwe Independen­t editor Faith Zaba said: “As a media organisati­on, it is our responsibi­lity to facilitate informed discussion­s on key economic matters that impact our audience.

“By inviting the Reserve Bank of Zimbabwe governor to industry and business leaders in Bulawayo and the southern region of the country, we aim to provide a platform for insightful dialogue and analysis on the post-monetary policy review.”

She said today’s event aligned with the company’s commitment to fostering transparen­cy, understand­ing, and constructi­ve engagement within the business community and beyond.

“As a media organisati­on, this is our way of contributi­ng to national developmen­t. It is with great excitement that we are organising the breakfast meeting in partnershi­p with Icaz [Institute of Chartered Accountant­s of Zimbabwe], CZI [Confederat­ion of Zimbabwe Industries], RBZ and ZITF in Bulawayo and extending the dialogue with the RBZ governor to the southern region,” Zaba said.

“This presents a valuable opportunit­y for business and industry leaders to engage directly with the newly-appointed Reserve Bank of Zimbabwe governor, as we navigate the economic landscape together.”

 ?? ?? Reserve Bank of Zimbabwe governor John Mushayavan­hu
Reserve Bank of Zimbabwe governor John Mushayavan­hu

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