Withdrawal limit review next week, says Mangudya


Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya said next week the central bank will review upwards bank withdrawal limits that have been pegged at $300 per week for over a year now.

Dr Mangudya revealed this on the sidelines of an interactive meeting convened by the First Lady Auxillia Mnangagwa involving monetary and fiscal authorities and female church leaders over the recently introduced Statutory Instrument 142.

The aim of the meeting was to find ways on how the stakeholders can explain the instrument in a manner that benefit the general public.

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