Bankers Association of Zimbabwe

By Tatenda Dewa | Harare Bureau | The Reserve Bank of Zimbabwe (RBZ) has reduced charges on electronic transactions as part of its measures to promote non-banking hall services amid a biting cash crunch. The central bank announced…
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By Clive Mphambela Much has been said in the last weeks about the recent announcement by the Reserve Bank of Zimbabwe (RBZ), that it will introduce bond notes into the economy. The move, which has drawn immense speculation from a…
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HARARE - Zimbabwe is set to introduce a new regime of “special coins” indexed at par with the United States coins by December, the Reserve Bank of Zimbabwe clarified.
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HARARE - Bankers Association of Zimbabwe (Baz) has warned that Zimbabwe will soon run out of money to sustain imports.
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MUTARE - The Zimbabwe dollar (Zim Dollar) will not come back into circulation until the public regains trust in the eschewed currency, Bankers Association of Zimbabwe (Baz) president, Sam Malaba said.
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The reintroduction of the Zimbabwe dollar is not a realistic option available to this country in the short to medium term given the compelling need to increase liquidity in the economy, the Bankers Association of Zimbabwe has said.
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Since the turn of the new millennium, Zimbabwe's economy has been on a downward trajectory, characterised by hyperinflation, chronic unemployment and soaring national debt levels.
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HARARE - Finance minister Patrick Chinamasa has told industry to be innovative in dealing with economic challenges facing the country, rather than wait for government to tackle them alone.
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Zimbabwe has started levying a tax on mobile money transactions after intense lobbying from the Bankers Association of Zimbabwe (BAZ) for the Zimbabwean central bank to regulate mobile money services “to create a level playing field” in the…
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LIQUIDITY conditions have worsened in the last two weeks with more banks limiting cash withdrawals in recent days amid fears the financial services sector is headed for troubled times.
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