THE new governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, will interact with the who’s who of local business, academia and other key stakeholders at a special post-monetary policy statement (MPS) meeting in Harare on Tuesday morning.
Hosted by the country’s first independent national commercial television station, 3Ktv, the high-profile gathering will offer attendees the first public opportunity to engage with the new RBZ chief, to gain more insights into Friday’s generally well-received MPS, as well as the country’s monetary policy under his watch going forward.
Besides Mushayavanhu, who will be the meeting’s guest of honour, other notable economic experts will also attend the event and share their views on the MPS, as well as the country’s overall economic situation.
Zweli Sibanda, the managing director of Jester Media Services’ Broadcasting Division, said yesterday that interest in the event had been “very high”.
“This is an important meeting which we are very proud to be part of as 3Ktv, as our own small contribution to the welfare and development of our country and its economy. “Unsurprisingly, there has been an overwhelmingly enthusiastic response to the meeting from many people and diverse sectors of the economy.
“As a result, we have had to procure a bigger venue in a bid to ensure that as many people who are eager to attend this are able to do so,” Sibanda said.
This comes after the RBZ introduced the country’s new structured currency on Friday, as authorities bid to end sustainably the exchange rate and prices crisis of the past few months. The currency will be launched tomorrow at an introductory rate of 13,56 to one American dollar, and will be backed by a basket of reserves that include gold, other precious metals and foreign currency.
3Ktv is a sister venture to Zimbabwe’s number one business publication, The Financial Gazette, as well as the inimitable Daily News and the Daily News On Sunday.
The fast-growing station went live on the 28th of February 2022, becoming the first licensed free-to-air private station to operate in the country since television was first introduced in the then Southern Rhodesia in November 1960.
The history-making station had been licensed in November 2020, having come tops following a public and keenly-fought bidding and hearing process.
