WATCH LIVE : Reserve Bank of Zimbabwe Panics after another blunder

Zimbabwe has a currency crisis and not an economic crisis

WATCH LIVE as Gambakwe Media speaks to Tinashe Jonas about the latest blunder made by the Reserve Bank of Zimbabwe.

In its latest report, the reserve bank of Zimbabwe found that :

1. 15 entities were involved in black market dealings.

2. The RBZ auction is being used for black market transactions.

Solutions

1. Banks can not borrow more than 25% of their capital to one entity and 75% to a group at concessionary rate.

2. Suspension of lending to the 15 entities has been lifted on 17 June 2022.

Key questions for discussion 

1.Is the RBZ deliberately sabotaging President ED Mnangagwa?

2. Is the RBZ deliberately sending out confusing information into the market.

3. Is the RBZ working with the identified entities through the auction system?

Please watch the video above this post for more details.