Reserve Bank of Zimbabwe

HH 152-23 Duncan H. Cocksedge V CABS and The Reserve Bank of Zimbabwe & The Minister of Finance and Economic Development

This is an application which, in the main, seeks an order adpecuniam solvendam. In other words, the claim is for the first respondent (hereinafter called “CABS”) to pay to the applicant the sum of US$179, 541-45 within seven (7) days from the date of the order, plus 5% percent interest on the aforesaid sum from 5 December 2016 to date of payment.

GN 2021-854 Government Guarantee issued by the Republic of Zimbabwe-CBZ Bank Limited

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 18(2) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development hereby issued the following—
(a) Guarantee, binding the Government of Zimbabwe as surety for the repayment of US$750,000,00 (50% of the facility) to  Luxaflor Roses (Private) Limited from CBZ Bank Limited to finance the procurement of raw materi

GN 2021-853 Government Guarantee issued by the Republic of Zimbabwe-Agricultural Bank of Zimbabwe and Agricultural Marketing Authority

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 18(2) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development hereby issued the following—
(a) Guarantee, binding the Government of Zimbabwe as surety for the repayment to the subscribers to the Agro bills issued by Agricultural Bank of Zimbabwe (Agribank) and Agricultural Marketing Authority (AMA) of the

GN 2021-371 Government Guarantee Issued by the Republic of Zimbabwe- Commercial Bank of Zimbabwe (CBZ)

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment of US$11,180,000,00 (65% of the Facility) to Steel Makers Zimbabwe (Private) Limited from the Commercial Bank of Zimbabw

GN 2021-370 Government Guarantee Issued by the Republic of Zimbabwe- Commercial Bank of Zimbabwe (CBZ)

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment of ZWL$10,000,000,00 (50% of the Facility) to Mbano Manor Hotel/Mambano Hotels (Private) Limited from the Commercial Ban

GN 2021-369 Government Guarantee Issued by the Republic of Zimbabwe- CBZ Agro-Yield (Private) Limited

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for due and punctual performance of the Guarantee by the 2020/2021 Maize and Soya Bean farmers for 80% loan repayment obligations to the Cred

GN 2021-368 Government Guarantee Issued by the Republic of Zimbabwe- Commercial Bank of Zimbabwe (CBZ)

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as as surety for the repayment of US$4,000,000.00 (40% of the Facility) to Sub-Sahara Tobacco (Private) Limited from the Commercial Bank of Zimbabwe

GN 2021-367 Government Guarantee Issued by the Republic of Zimbabwe- CBZ Agro-Yield (Private) Limited

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, as read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for due and punctual performance of the Guarantee by the 2020 Winter Wheat farmers for all their obligations to the Creditor;

GN 2021-245E Government Guarantee issued by the Republic of Zimbabwe - Agricultural Bank of Zimbabwe (Agribank)

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment by Agricultural Bank of Zimbabwe (Agribank) of the value subscribed through the Agro bills up to a total amount not exceedi

GN 2021-245D Government Guarantee issued by the Republic of Zimbabwe - Silo Food Industries

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment by Silo Food Industries of the value subscribed through the Silo bills up to a total amount not exceeding three hundred and

GN 2021-245C Government Guarantee issued by the Republic of Zimbabwe - CBZ Agro-Yield (Private) Limited

Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe to pay up to 50 percentum of the indebtness which the 2020 winter maize farmer owes to CBZ Agro-Yield (Private) Limited in the event that the beneficiary farmer fails to pay any of its o

GN 2021-245B Government Guarantee issued by the Republic of Zimbabwe - Agricultural Bank of Zimbabwe (Agribank) and FBC Bank

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following  Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment by Agricultural Bank of Zimbabwe (Agribank) and FBC Bank Limited of the value subscribed through the Agro bills up to a to

GN 2021-245A Government Guarantee issued by the Republic of Zimbabwe - Infrastructural Development Bank of Zimbabwe (IDBZ)

IT is hereby notified, in terms of section 300(3) of the Constitution of Zimbabwe, read with section 20(1) of the Public Debt Management Act [Chapter 22:21], that the Minister of Finance and Economic Development has issued the following Government Guarantee—
(a) guarantee, binding the Government of Zimbabwe as surety for the repayment by Infrastructural Development Bank of Zimbabwe (IDBZ) of the value subscribed through the bonds up to a total amount not e

GN 2021-0170 Loan Agreement Between the Reserve Bank of Zimbabwe and the African Export-Import Bank

IT is hereby notified that, in terms of section 300(3) of the Constitution of Zimbabwe, that on the 31st of December, 2019, the Government of the Republic of Zimbabwe acting through the Minister responsible for Finance and Economic Development was a guarantor to a loan agreement concluded between the Reserve Bank of Zimbabwe, represented by the Governor, and the African Export-Import Bank on the following terms—

GN 2021-0169 Loan Agreement Between the Reserve Bank of Zimbabwe and the African Export-Import Bank

IT is hereby notified that, in terms of section 300(3) of the Constitution of Zimbabwe, that on the 27th of December, 2017, the Government of the Republic of Zimbabwe acting through the Minister responsible for Finance and Economic Development was a guarantor to a loan agreement concluded between the Reserve Bank of Zimbabwe, represented by the Governor, and the African Export-Import Bank on the following terms—

GN 2021-0168 Loan Agreement Between the Reserve Bank of Zimbabwe and the African Export-Import Bank

IT is hereby notified that, in terms of section 300(3) of the Constitution of Zimbabwe, that on the 21st May, 2019, the Government of the Republic of Zimbabwe acting through the Minister responsible for Finance and Economic Development was a guarantor to a loan agreement concluded between the Reserve Bank of Zimbabwe, represented by the Governor, and the African Export-Import Bank on the following terms—

Public Accounts Committee [PAC] Report - Reserve Bank of Zimbabwe (Compliance Issues)

INTRODUCTION
1.1 Section 119 of the Constitution, gives Parliament power to ensure that provisions of the Constitution are “upheld and that the State and all institutions and agencies of government at every level act constitutionally and in the national interest.”
1.2 Section 299 of the Constitution confers the Public Accounts Committee with unlimited oversight powers over all State revenues and expenditure.

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