Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2008
Criticism of quasi-fiscal activities during the inflation crisis
During Zimbabwe's severe economic and inflationary crisis, economists and lawmakers criticized the RBZ for activities viewed as extending beyond conventional central banking. Some proposed abolishing or substantially reforming the institution, while parliamentary debate considered statutory limits on quasi-fiscal operations.
2007
Controversy over the Farm Mechanisation Programme
Critics alleged that the RBZ's agricultural-equipment programme disproportionately benefited ministers, senior officials, judges and other well-connected or affluent recipients. Many reported beneficiaries did not repay the associated obligations, contributing to later disputes over whether the transfers were loans or subsidies.