cash crisis

By Sij Ncube As Zimbabwe’s tourism arrivals figures tumble ahead of the festive season amid severe cash shortages, pressure is piling on President Robert Mugabe’s administration to seriously and urgently consider adopting the South…
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By Helen Kadirire A woman died over the weekend after enduring long hours in a queue to withdraw $40 from a bank at Joina City in the Harare central business district. She was in the company of her minor child and had come from…
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By Cathy Buckle Dear Family and Friends, Arriving at the international bank on another sweltering November morning in Zimbabwe, I was pleasantly surprised not to see hundreds of people camped out on the surrounding pavements. It could…
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Finance minister Patrick Chinamasa has claimed that depositors are fuelling the country’s biting cash crisis by keeping money outside the formal banking system.
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Riot police were on Thursday called out to control a crowd of angry bank clients in Bulawayo, with people still unable to access cash from their accounts.
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Just a month before Christmas Zimbabweans are standing in long winding queues to withdraw cash from banks, amid reports of a fresh liquidity crunch.
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HARARE - Cash shortages are said to be worsening in some parts of Zimbabwe with reports that banks are now planning a series of measures to limit withdrawals. This picture by a Nehanda Radio Citizen Reporter captures a queue for cash at…
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