The Government Gazette of the 24 & 26 July 2019

Thursday, 01 August 2019
Gill, Godlonton & Gerrans

"The Government Gazette Extraordinary of the 24th July 2019 published the Reserve Bank of Zimbabwe Amendment Bill 2019 the provisions of which:"

The Government Gazette Extraordinary of the 24th July 2019 published the Reserve Bank of Zimbabwe Amendment Bill 2019 the provisions of which:

  1. Enabled Minister of Finance to prescribe by notice in a statutory instrument the creation of an electronic currency.

  2. Provide for the issuance of the RTGS dollar.  This was previously created on a temporary basis in terms of the Presidential Powers Temporary Measures Statutory Instrument 33 of 2019.

  3. Confirmed the reintroduction of the Zimbabwe dollar in accordance with Statutory Instrument 142 of 2019.

  4. Allows the Minister of Justice in consultation with the Minister of Finance to adjust the nominal amounts of statutory fines, penalties and fees for a period of six months after the enactment of the bill.

 The Government Gazette Extraordinary of the 26th July 2019 publishes extensively details of registered suppliers to government.