New Currency In 2 Weeks – Mangudya Drops Bombshell

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has just announced that the central bank will release a new currency in two weeks....

Zimbabwe’s cash-starved government prints new banknotes

Reserve Bank starts printing higher denominated notes ‘to meet required cash demands’...

Lacking common cents: how Zimbabwe went from economic star to financial basket case

In 2008, a hyperinflation crisis destroyed Zimbabwe’s currency. The embattled African nation appears to be heading...

Zimbabwe bans mobile money agencies amid cash crunch

The Zimbabwean central bank has banned mobile money agencies from facilitating cash withdrawals or deposits with...

Zimbabwe’s central bank has shut down the use of mobile money for cash transactions

The disabling of cash-in and cash-out options on the mobile money menus of the Zimbabwean operators...

Zimbabwe needs higher productivity and exports

Reserve Bank of Zimbabwe deputy governor Dr Jesimen Chipika emphasised to chartered secretaries meeting in Victoria...

Zimbabwe Black Market Gap Vanishes After Central Bank Intervenes

The gap between Zimbabwe’s black market and official currency rates vanished after the central bank tightened...

Zimbabwe’s currency is collapsing

The Zimdollar started melting down two weeks ago, and it's getting worse....

Back to the Basics

In the past week we have seen another collapse of our money system. After about two...

Zim freezes accounts of country’s biggest fuel supplier, car dealership

Zimbabwe’s local dollar has lost more than 80% of its value since February....

Zimbabweans forking out for cash as crunch worsens

Cash-starved Zimbabweans are forking out premiums as high as 55% to get cash on the black...

Zimbabwe’s forex inflows fall just when they are needed most

Zimbabwe's foreign currency inflows fell by a quarter for the six months to June 2019, as...

Hyperinflation Returns to Zimbabwe, 70% Interest Rate and 230% Inflation

Zimbabwe raised its benchmark interest rate to 70% in an attempt to curtail a second round...

Desperate Zimbabweans use cell phone transfers to get cash

HARARE, Zimbabwe (AP) — After protests brought Zimbabwe’s capital to a standstill earlier this month, Harare...

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