liquidity crunch zimbabwe

One of the economic ills that continues to prevail in Zimbabwe is illiquidity in the money market. Banks and other financial institutions have insufficient resources to provide funding critically needed by commerce and industry,…
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HARARE - Although Zimbabwean savers of all descriptions, from individuals and small businesses to corporations and institutions, have suffered in the ongoing liquidity crunch, the effect is seen most starkly among Harare’s high-spending…
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The invention and widespread use of mobile phones in Africa and Zimbabwe in particular has greatly revolutionised lives of many people. The young and the elderly all converse in unprecedented ways than their predecessors.
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This is what many Zimbabweans are having to endure as the cash crunch in the country bites even more. This was the scene at MetBank in Bulawayo (Robert Mugabe Road and 9th Avenue) as customers queued from Monday through to Tuesday trying to…
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