Zimbabwe’s 2021 Economic Prospects Not Promising: Biti

HARARE – Former Finance Minister Tendai Biti has said the country’s economic outlook for this year is not looking good due to several reasons including the...

Zimbabwe central bank lets exporters hold dollars beyond 60 days

HARARE (Reuters) - Zimbabwe’s central bank on Friday reversed a decision to force exporters, including mining...

Zimbabwe embraces U.S. dollar as currency shortage continues

Zimbabwe government officials assure their citizenry and businesses that damaged, worn out, but trusted, U.S. dollars...

Zimbabwe Jan-Sept diaspora remittances up 45% y/y due to lockdowns

Zimbabwe's central bank governor said on Thursday official remittances from the diaspora were up 45% during...

Focus on Zimbabwe

Currency crisis, bad weather limits grain output in food insecure country....

Zimbabwe Moves to Eliminate Parallel Exchange Rate in New Law

Zimbabwe set new regulations to compel businesses to use a single exchange rate for pricing goods...

Zimbabwe could be headed for political upheaval as economic and health crises spiral

With security forces having seized control of economic and financial policy at a time of shrinking...

Biggest Zimbabwe Bank to Buy Small Lenders in Consolidation Push

Zimbabwe’s biggest bank plans to buy several smaller lenders in a consolidation drive to leave the...

Hello? – How Zimbabwe’s got the wrong number when it comes to mobile money

“The unprecedented measures have been necessitated by the need to protect consumers on mobile money platforms...

Zimbabwe central bank raises main lending rate to 35% as inflation soars

HARARE (Reuters) - Zimbabwe’s central bank will raise its main lending rate to 35% from 15%...

Zimbabwe’s New Currency System Adequately Funded: Central Bank

Zimbabwe has sufficient foreign currency reserves to sustain the reintroduced foreign currency auction system, the state-run...

Holders of Foreign Currency Accounts with Zimbabwean banks are worried about losing money

As the central bank kicks in new regulations...

RBZ abandons fixed forex exchange system

THE Reserve Bank of Zimbabwe (RBZ), which was using the fixed exchange rate of US$1:$25, says...

Zimbabwe central bank leaves rates unchanged, bullish on inflation

HARARE (Reuters) - Zimbabwe’s central bank left its benchmark interest rate at 35% on Monday, citing...

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