FULL TEXT: Employees Salaries Payments In USDs, RBZ Terms & Conditions

The FBC Bank’s internal circular of 4 October suggests that the bank is paying its workers in United States Dollars. The circular meant to guide bank branches on the Terms and Conditions which were set by the central bank, the Reserve Bank of Zimbabwe to govern organisations paying workers’ salaries in USD.


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Reserve Bank of Zimbabwe

The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe

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3 comments on “FULL TEXT: Employees Salaries Payments In USDs, RBZ Terms & Conditions

  1. This zimdollar currency is not even accessible by the transacting public . Please spare us the confusion we have had enough . Hamunyari makaita sei?

  2. I have my doubts that they would be getting paid in U.S. Such civil servants will be lucky if they get a few bond notes. Like most financial documents they might have U.S. dollars written on them but it is understood that it is bonds.

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