Production imperative in generating forex: RBZ

William Manhimanzi, director of capital markets at the Reserve Bank of Zimbabwe (RBZ), on Wednesday said production was imperative for the country to generate foreign currency.

Speaking during a Catholic Professional Network of Zimbabwe dialogue series on economy and media at Silveira House in Harare, Manhimanzi said in order for the country to generate foreign currency, there was need for production and a minimisation of imports.

“If we don’t go back to the basics that we need to produce ourselves and export, we are not going anywhere in this economy.”

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