Econet Wireless launched Smart USD bundles yesterday that allow customers to purchase voice airtime, data and SMS in USD. Customers can buy this USD airtime either through the EcoCash FCA […]
The Minister of Finance, Mthuli Ncube announced the introduction of a new $100 banknote. The minister announced this through Statutory Instrument 68A of 2022. In early 2021 we got reports […]
In the Monetary Policy Statement released by the Reserve Bank of Zimbabwe yesterday, it was revealed that the Deposit Protection Corporation (DPC) now covers foreign currency denominated accounts. This deposit […]
The biggest issue I have with all the economic theories, principles and rules I know is that they start with the qualifier, “All things being equal.” All things are never […]
So… Reserve Bank of Zimbabwe (RBZ) Governor Dr Mangudya released the Monetary Policy Statement (MPS) yesterday ahead of the scheduled date that was mentioned in The Sunday Mail… Well, that’s […]
The Reserve Bank of Zimbabwe yesterday released the 2022 Monetary Policy Statement (MPS). The central bank laid out a number of new measures and here are the highlights from the […]
The Reserve Bank of Zimbabwe released the Monetary Policy Statement for the second half of 2021. The RBZ has to release such a statement every six months “outlining the monetary […]
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya is set to deliver the Monetary Policy Statement (MPS) tomorrow (8/02/22) according to a report by The Sunday Mail. Now, as […]
The Reserve Bank of Zimbabwe (RBZ) has in a tweet announced that it would start taking action against entities that are breaching the Bank Use Promotion Act and those that […]
African fintech startups reigned supreme when it comes to attracting funding from investors. According to a report by Techcrunch, out of the US$5 billion raised by all African startups, Fintech […]
Act No.7 of 2021 Finance Act revealed the Reserve Bank of Zimbabwe’s (RBZ) blocked funds balance sheet as of 31 December 2020 and private sector as of 25 September 2021. […]
TM Pick n Pay is giving a 50% discount for goods bought in its store in USD. I first noticed this when I was at Pick n Pay Westgate and […]
Zimbabwe’s is finally making the switch to e-passports after more than 20 years when the technology was first deployed in Malaysia in 1998. I and many others don’t have too […]
The Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee (MPC) convened last Friday to deliberate on the state of economic policy. Below is the statement on the findings of the […]
The Reserve Bank of Zimbabwe (RBZ) has, in a statement, said that the govt has provided them with funds to clear the Forex Auction backlog. CLEARANCE OF THE RING-FENCED BACKLOG […]
The Zim govt is reportedly looking at the possibility of adopting cryptos and blockchain technology according to The Sunday News. The revelation was made at the Computer Society of Zimbabwe […]
Tough times are indeed a rich ground for scammers… Reportedly 10,000 Zimbabweans lost an estimated US$30 million to Ponzi Schemes this year. “At least 10,000 complainants reportedly lost over US$30 […]
The Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee (MPC) yesterday held a meeting (28/10/2021) and from that meeting came a status update on a number of movements in the […]
As far as I know, I have never owned a Telecel line and seeing as y’all were upset that I was “bashing” the country’s smallest mobile network operator for its […]
The Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit has in a circular told the country’s mobile network operators (MNOs) to decrease physical airtime vouchers or juice card sales as […]
The government/RBZ has shut down the black market rate tracking site Market Watch. If you go to Marketwatch now you’ll see that website is no longer in-service error. According to […]
The Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU) has put out a directive for banks to report those who are using local currency card swipe transactions to facilitate […]
The Confederation of Zimbabwe Industries (CZI) has called for the Reserve Bank of Zimbabwe (RBZ) to temporarily reduce the forex auction allocation to US$25 million over the next three weeks […]
It looks like the meeting that the Reserve Bank of Zimbabwe (RBZ) had with captains of industry has started a wider domino effect against those dabbling on the black market. […]
The Reserve Bank of Zimbabwe (RBZ), the Ministries of Finance, and Industry and Commerce today had a meeting with captains of industry to deliberate on the matter of the exchange […]
Earlier this year, the Reserve Bank of Zimbabwe (RBZ) announced that it was allocating money to licenced Bureaux de Change so that they can sell USD at the Auction Rate […]
From what have seen over the last week or so it is likely that the authorities are at the very least thinking about a new Exchange Rate or Price Control […]
Every single Zimbabwean knows more about economics than the average person everywhere else. We might as well do away with the Economics degrees at our colleges. The school of life […]