zim dollar

Analysts have accused President Emmerson Mnangagwa’s administration of being "stubborn" noting its refusal to implement proposed measures to end the skyrocketing financial and economic crisis by economic stakeholders. This comes after…
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Zimbabwe’s largest business group has warned that the economy faces collapse if the government insists on foisting the rapidly weakening local currency on the market when it is obvious that it is no longer viable.
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President Emmerson Mnangagwa yesterday directed all businesses in the country to comply with the new monetary policy regulations as there is no going back on the use of the Zimbabwe dollar for all local transactions.
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Not for the first time, government has ruled out adopting the South African rand as its main currency.
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By Ndakaziva Majaka Reserve Bank of Zimbabwe (RBZ) governor John Mangudya yesterday dismissed rumours about the return of the discredited Zimbabwe dollar (ZW$) following vicious rumours that were making the rounds in the market.…
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By Dr Tapiwa Mashakada The cash-strapped ZANU-PF government has finally succumbed to its inevitable failure and has predictably decided to re-introduce the Zimbabwe dollar in the midst of an unprecedented liquidity crisis in the recent…
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By Brian Sedze There is a plethora of long term investments being sold to Zimbabweans including but not limited to pension funds, funeral, retirement, endowment, education and wealth funds. The future of these long term…
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The Deposit Protection Corporation is paying demonetisation proceeds to qualifying Zimbabwe Dollar account holders for banks under liquidation, as part of a demonetisation exercise to bring finality to issues of local currency holdings.…
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The Reserve Bank of Zimbabwe allayed fears over the return of the local currency after panic gripped the banking public yesterday following a fake message circulating on social media platforms which said Government has resolved to…
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Zimbabweans will soon be asked to surrender their Zimbabwe dollar notes to the Reserve Bank of Zimbabwe in exchange for United States dollars as part of a demonetisation exercise to bring finality to issues of local currency holdings.
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