26.7.2020 14:35

Zimbabwe Moves to Eliminate Parallel Exchange Rate in New Law

Bloomberg News
Zimbabwe set new regulations to compel businesses to use a single exchange rate for pricing goods and services as it seeks to control surging costs....
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18.7.2020 12:41

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...
10.7.2020 11:28

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...
3.7.2020 8:15

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...
1.7.2020 8:03

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%...
29.6.2020 7:23

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...
14.6.2020 13:42

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

As the central bank kicks in new regulations...
9.6.2020 13:41

RBZ abandons fixed forex exchange system

THE Reserve Bank of Zimbabwe (RBZ), which was using the fixed exchange rate of US$1:$25, says...
18.2.2020 7:50

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...
18.2.2020 7:27

Zimbabwe Central Bank to Settle $1.2 Billion of Legacy Debt

The Reserve Bank of Zimbabwe approved the payment of $1.2 billion in legacy debt, but rejected claims for...
27.1.2020 6:42

Zimbabwe freezes Chinese firm’s account over currency manipulation

HARARE (Reuters) - Zimbabwe’s central bank has frozen an account of a Chinese company it accused...
16.12.2019 6:20

Zimbabwe’s economy is hobbled by a clash of egos

At the heart of Zimbabwe’s economic paralysis is a personality clash....
12.11.2019 9:27

‘Where’s the money?’: Zimbabwe’s new banknotes fail to arrive

Banks say there is no communication from central bank on fresh tender intended to ease cash...
2.11.2019 19:32

Zimbabwe introduces new currency, but here’s why it won’t help

Zimbabwe’s yet-to-be-named currency targets the liquidity shortages in the Southern African country, giving the central bank...

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