cash crisis in zimbabwe

Zimbabwe’s foreign reserves have depleted to $200 million against a requirement of $1 billion cover as the country is struggling to emerge out of a near-recession, the Reserve Bank of Zimbabwe (RBZ) has said.Jesimen Chipika, the central…
Read More...

The Reserve Bank of Zimbabwe (RBZ) says people should expect to withdraw more cash from their banks in the coming weeks, just like what happened at the weekend when Automated Teller Machines (ATMs) dispensed United States dollars to the…
Read More...

By Bridget Mananavire As Zimbabwe's economy crumbles, it is leaving a trail of destruction, destroying young people’s dreams and old people’s investments. Children are going to bed hungry because their parents cannot afford to…
Read More...

By Shingai Nyoka | BBC News | It is midnight and about 30 people are preparing to settle down for the night on the streets of Zimbabwe's capital, Harare. Their floral fur-pile blankets are spread out over cardboard boxes on the cold,…
Read More...

Long queues worsened at Zimbabwe’s banks hours after the Reserve Bank of Zimbabwe (RBZ) launched an aggressive campaign to educate the market on a new currency set to be introduced later this month. Known as the bond note, the…
Read More...

By Cathy Buckle Dear Family and Friends, After weeks of extremely high temperatures there’s nothing nicer than going out early in the morning before the October heats sets in for the day. If you’re lucky you might hear a night jar…
Read More...

By Bernard Chiketo Quest Motors (Quest)’s assembling plant is facing operational challenges due to central bank’s failure to approve their payments to its Japanese and Chinese kit suppliers for over eight months, the Daily News has…
Read More...

By Ivy Chibanda My heart bleeds when i think of my nation, I don't think any other nation has a miserable people as much as my nation does. One can only wish for the night to be longer as day brings nothing more than more problems.…
Read More...