cash shortages

With under three weeks to go until Nigeria's presidential elections, major shortages of cash and fuel have plunged Africa's most populous country into crisis.
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Zimbabwe will issue new notes and coins soon to replace the country’s quasi currency (bond note) that was introduced three years ago in an attempt to counter a crippling shortage of cash.
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The Harare City Council(HCC) could have been swindled of thousands of dollars after a forensic audit revealed that some of its point-of-sale (POS) machines were not linked to its bank accounts.
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The leader of Zimbabwe main opposition party, Nelson Chamisa, alighted from his car, grabbed a microphone and made a bold promise to scrap bond notes if he wins the July 30 presidential election to stem the worsening cash shortages and…
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Finance minister Patrick Chinamasa has said shortages of cash reflect the mismatch of US dollars in bank accounts and physical cash in the economy.
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By Carter Mavhiza In the first instalment (Part 1) of tracking the multi-layered arbitrage practices that are becoming rampant in the Zimbabwean economy due to currency shortages, we defined arbitrage as exploiting market imperfections…
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By Golden Sibanda Reserve Bank of Zimbabwe Governor Dr John Mangudya has accused banks of playing a part in driving away depositors through punitive bank charges for their service and products while they do not offer meaningful interest…
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HARARE- The Bankers Association of Zimbabwe on Tuesday allayed fears of cash shortages during the festive season, saying that all banks had sufficient cash to deal with the demand associated with the holidays.
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