Business We’ll not raid forex accounts: RBZ Oct 8, 2019 30,830 21 The Reserve Bank of Zimbabwe (RBZ) says it has no plans to tamper with depositors’ foreign currency accounts.
Business Locals stash US$1 billion offshore Dec 15, 2017 24,254 8 Funds held by Zimbabweans in offshore banks rose to US$1 billion last year, having declined to US$300 million four years ago,…
Business $800m needed to end bank queues Jul 31, 2017 780 27 Zimbabwe needs about $800 million to circulate in the formal economy in order to end cash queues in banks, Reserve Bank of…
Business Dollar shortages threaten Zim businesses Jul 18, 2017 8,692 0 Zimbabwean businesses are seeing tumbling output because of an acute dollar shortage that has forced banks to delay processing…
Business Bond notes running out as banks give out coins Jun 21, 2017 1,009 2 Long-suffering Zimbabweans are now being forced to accept huge sackfuls of coins from their banks and mobile money agents as bond…
Business $160m bond notes in circulation Jun 18, 2017 1,971 11 The Reserve Bank of Zimbabwe (RBZ) has released a total US$160 million worth of bond notes into circulation since last November as…
Business Zim needs $600m cash: RBZ Apr 24, 2017 217 7 By Ndakaziva Majaka Zimbabwe needs about $600 million in cash to achieve optimal liquidity ratios, a central bank official…
Business Cash crisis: Bond coins rule the roost Apr 13, 2017 300 0 By Nyasha Chingono Coins used to be for the piggy banks used by kids to save money given by their parents for break-time snacks…
Business US dollar flight persists Mar 31, 2017 172 6 United States dollar notes could soon become extinct in the economy as their supply continues to dwindle on the market. A…
Business It’s too late to adopt rand: Biti Mar 29, 2017 313 41 By Blessings Mashaya Ex-Finance minister Tendai Biti has said it is too late for Zimbabwe to adopt the South African rand as a…