It’s worrying that it took the past two weeks for the government to know the evils of a black market, yet in their nature, black markets are known to have […]
Here is the latest chapter in the Golix vs RBZ (Reserve Bank of Zimbabwe) saga. The RBZ filed its opposing application with the courts. Summary of how we got here: the […]
The Reserve Bank of Zimbabwe has issued a directive to Zimbabwean financial institutions prohibiting them from working with Cryptocurrency exchanges or holding any accounts of people trading in cryptos. The […]
PRESS STATEMENT ON COLLABORATION BETWEEN THE RESERVE BANK OF ZIMBABWE AND RETAILERS AND WHOLESALERS ON MEASURES TO ENHANCE REGULATORY COMPLIANCE AND USE OF PLASTIC MONEY IN BUSINESS TRANSACTIONS The Reserve […]
Zimbabwe’s Monetary Policy Statement for 2017 has been presented by the Governor of the Reserve Bank of Zimbabwe Dr John Mangudya. It highlights the steps that the RBZ is taking […]
The Reserve Bank of Zimbabwe (RBZ) has introduced the $5 bond note, releasing $15 million worth of the new money into the market. The notes started circulating on Thursday 2 […]
The Reserve Bank of Zimbabwe (RBZ) has finally announced a new set of bank charges following an agreement between the regulator, the providers of payment platforms and the Bankers’ Association of Zimbabwe.
The Governor of the Reserve Bank of Zimbabwe (RBZ), Gideon Gono, announced yesterday the introduction of a deliberate legal and regulatory framework for Mobile Financial Services. The announcement was made as part of the Monetary Policy Statement presentation.
Some years ago I founded an EdTech (educational technology) startup. We had solutions for primary and secondary schools. The solution may have been not so good or maybe it was […]
As the demand for reliable internet continues to grow across Africa, Starlink has emerged as a game-changer, especially in regions like Zimbabwe where traditional internet infrastructure has proved to be […]
We inherited the capitalist economies of the West, which cannot function without a decent financial system. Our struggles in Zimbabwe are partly due to not getting this right. A financial […]
The Zimbabwean government will need to make up its mind on financial inclusion soon. Their love-hate relationship with mobile money and Lite bank accounts needs to stop. In its never-ending […]
The Reserve Bank of Zimbabwe has released an official statement on the Nostro account issue. If you were under a rock, a couple of leaked bank memos raised concerns about […]
We saw it coming years before it was announced. Standard Chartered lost interest in the Zimbabwean market a long time ago and were, to be frank, just biding time, waiting […]
Day by day, the Zimbabwe government is admitting that the forex auction was a mistake. It is the main reason for the Zimdollar tanking. They won’t come out right and […]
I have to confess, I am not a fan of the International Monetary Fund (IMF) and the World Bank. It’s hard to be a fan as a Zimbabwean, I guess. […]
Apparently, the Harare Institute of Technology (HIT) is developing a central bank digital currency. HIT Vice Chancellor Dr Kanhukamwe revealed this at the graduation ceremony held at their campus a […]
Value preservation is the name of the game if you want to exist in Zimbabwe. With the local currency being a meme coin at this point, losing value faster than […]
We talked about Nyaradzo’s Sahwira Connect Card earlier this month. It is a welcome innovation which should not have been needed but is. When we talked about the card we […]
The Reserve Bank of Zimbabwe (RBZ) has announced that it has lifted the suspension of Metbank Limited’s dealer licence after the conclusion of its inquest into the bank’s alleged breach […]
It’s human nature to broadcast anything that supports our convictions and gloss over everything that undermines them. We shout our victories and whisper our defeats. We sometimes attach our identities […]
Everything is ‘with immediate effect’ with the Zimbabwean govt. Lending is unbanned as quickly as it was banned. It was only 10 days ago that we were surprised to hear […]
We have been going down the rabbit hole of the new “economic measures” and the most confusing one of them all was the suspension of lending or loans. I say […]
It started with a short paragraph by the President. If we hadn’t been living in Zimbabwe for the past 2 decades we would have been more shocked – all lending […]
There is no such thing as a purely capitalist economy and like many, Zimbabwe is a mixed economy. However, we have flirted with socialism more than most with our ‘command’ […]
The Reserve Bank of Zimbabwe (RBZ) is engaged in a never ending game of Whack-A-Mole. There are too many moles and too many holes for the RBZ to whack every […]
In my time, I have seen loan sharks break the legs of debtors that miss payments. I have seen treasurers disappear with ‘cooperative funds.’ Even church leaders have been known […]
In a press statement released by the Reserve Bank of Zimbabwe (RBZ), CBZ Bank and sister company CBZ Building Society have applied to be unified as a single entity The […]
Like it or not, the United States of America wields a lot of power and influence over countries like our Zimbabwe. In Zim’s case, it’s even worse as the USD […]