Introduce Bigger Notes, RBZ Told
Zimbabwe has endured cash shortages for years, a situation that led to the birth of a thriving parallel market bank note selling the business at premiums of up to 50 per cent of the value of a physical banknote.
Is The Zim Dollar Already Phasing Out?
Barely six months since the return of the Zimbabwe dollar as the sole unit of transacting in the country, its fate has taken a rather quick and dramatic twist as market players are switching back to transacting in United States dollars (USD). In June this year,
Zim Economy Making Progress, As Experts Reject Rand
Zimbabwe has in the past few months made significant progress on key macro-economic fundamentals despite headwinds currently prevailing on the market which are short-lived, economic analysts have noted. The economy is undergoing acute shortages of fuel, electricity, rising inflation and stagnated growth, as its foreign reserves
Which Game of Thrones Character Would Lumumba Assume In Zim Politics
William "Acie Lumumba" Mutumanje's rebound video after a two months hiatus from his live sessions has somehow revealed his obsession with the multi award winning Game of Thrones television series which is characterized by deceit, betrayal, lies, treachery and most importantly secrets. [caption id="attachment_39405" align="aligncenter" width="350"]
Mangudya Discourages People From Chasing Parallel FOREX Rates
The Reserve Bank of Zimbabwe (RBZ) has warned Zimbabweans against losing value for their money while chasing parallel exchange rates saying foreign currency receipts for the first nine months of the year amounted to around $5 billion hence everyone still has access to Forex for
#Tajamuka takes Ncube head on
In a strongly worded letter to the Minister, the pressure group said is will embark “an array of constitutionally guaranteed measures to expose government politically”
Govt Secures US$500 million Nostro Stabilisation Guarantee Facility
Government is finalising discussions with the African Export-Import Bank (Afreximbank) towards a US$500 million Nostro Stabilisation Guarantee Facility (NSGF) to provide Nostro FCA holders with assurance that foreign currency shall be available when required by the account holders, the Reserve Bank of Zimbabwe (RBZ) has
Prof. Mthuli Ncube: How to kick start Zimbabwe’s economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth over a period of 10 years which
RBZ Releases $20 Million For Wheat Imports
The Reserve Bank of Zimbabwe has released $20 million needed by millers to pay for the wheat they are importing from Canada and Germany. The $20 million is part of the payment for the 200 000 metric tonnes of wheat which millers through their APEX representative body, the Grain Millers
Talking Points: Marange Diamond Mining Operations Under ZCDC
Right from the beginning, the sunny side of Marange’s rich alluvial diamonds was obscured for many Zimbabweans. More so, to communities impacted by diamond mining activities, who have been subjected to counting the costs of mining and hardly counting any benefits.