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Denford Mutashu

Fears grow as economy skids

Analysts have raised fears that the country’s troubled economy could soon plunge into another full blown crisis akin to the ugly 2008 hyper-inflationary era — unless the government acts urgently to address the wave of price increases, as…
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Balooning prices dampen Xmas

Thousands of ordinary Zimbabweans who had anticipated having a decent festive season — on the back of promising policies by President Emmerson Mnangagwa’s government — risk enduring a bleak Christmas as retailers have hiked prices of…
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RBZ deploys crack team on retailers

By Golden Sibanda The Reserve Bank of Zimbabwe says it has deployed teams on the ground to deal with issues of indiscipline by some traders who have insisted on multi-tier pricing for different modes of payment. RBZ Governor Dr…
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Retailers admit cash back facility abuse

By Kiyapili Sibanda The Confederation of Zimbabwe Retailers (CZR) has admitted that some of its members are hoarding cash and abusing the cashback facility. The association said the collaboration between the Reserve Bank of Zimbabwe…
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POS supplies undermine cashless campaign

Zimbabwe’s campaign to promote cashless transactions due to worsening cash shortages is under threat from a critical shortage of Point of Sale (POS) machines for credit and debit card transactions. The market has an estimated 35 000…
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