Masarira v The Reserve Bank of Zimbabwe (296 of 2025) [2025] ZWHHC 296 (7 May 2025)

Masarira v The Reserve Bank of Zimbabwe (296 of 2025) [2025] ZWHHC 296 (7 May 2025)

The applicant failed to establish a direct and substantial interest or factual foundation for the declaratory relief sought, rendering the application speculative and academic. Without a valid declaratory order, consequential relief in the form of mandamus cannot be granted. The court lacks power to order the...

Source-derived case information.

Citation
[2025] ZWHHC 296
Parties
Applicant: Linda Tsungirirai Masarira; Respondent: The Reserve Bank of Zimbabwe
Court
Harare High Court
Jurisdiction
Zimbabwe
Case Number
296 of 2025
Procedural Posture
Court Application for a Declaratur and Consequential Relief / Judgment
Outcome
Application dismissed with costs.
Legal Topics
Declaratory Orders, Mandamus, Access to Foreign Currency, Monetary Policy, Standing (locus Standi), Judicial Review, Separation of Powers
Source Language
en
Administrative Law Banking and Finance Law Constitutional Law Declaratory Orders Mandamus Access to Foreign Currency Monetary Policy Standing (locus Standi) +2 more

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Summary, issues, holding and outcome

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Parties

Linda Tsungirirai Masarira

Applicant

The Reserve Bank of Zimbabwe

Respondent

Procedural Posture

Court Application for a Declaratur and Consequential Relief / Judgment

  1. 1 Whether the applicant has locus standi to seek a declaratory order regarding public access to foreign currency.
  2. 2 Whether the existing regulatory framework unlawfully restricts access to foreign currency for the applicant.
  3. 3 Whether the court can compel the respondent to revise monetary policy or operational guidelines via mandamus.

Ratio Decidendi

The applicant failed to establish a direct and substantial interest or factual foundation for the declaratory relief sought, rendering the application speculative and academic. Without a valid declaratory order, consequential relief in the form of mandamus cannot be granted. The court lacks power to order the executive to revise or expand monetary policy absent a challenge to legality.

Court Disposition

Application dismissed with costs.

Orders

  • The application is dismissed with costs of suit.