Update: The previous title of this article was “Dr Mangudya ranked worst Reserve Bank Governor” this was incorrect. The Reserve Bank Governor got a C-“ Global Finance has been publishing […]
The Reserve Bank of Zimbabwe (RBZ) governor, Dr Mangudya, sat down for an interview with Trevor Ncube. We got another look into the man’s mind. He called for respect when […]
For a brief period of time, it appeared the Zimbabwean govt was going to adopt cryptocurrencies into the economy and that had us salivating a little. They then yanked that […]
Cassava SmarTech (trading as EcoCash Holdings) released the audited financial statements for the year ended 21 February 2021. These are the statements that were delayed resulting in the suspension of […]
Cryptocurrencies and Zimbabwe have been water and oil since the Reserve Bank of Zimbabwe (RBZ) banned traditional financial institutions from conducting business with crypto exchanges. Many have made the argument […]
National Building Society (NBS) Bank has a facility that is offering up to USD500 for school fees at the auction rate. This program is being done through the Bank’s Bureau […]
Steward Bank recently released its financial statements for the year ended 28 February 2021. Pouring through the abridged version of the audited accounts raised a few questions. At first glance […]
FBC Bank has, in a tweet, announced that the daily limit for debit card swipe transactions has been increased. Good news: Swipe limits have been increased! Now you can swipe […]
Even though cryptos are now widely accepted throughout the world including on our beloved African continent-authorities are still struggling with how they should handle them. Even here in Zimbabwe, the […]
The Zimbabwean government has officially announced that they have received almost a billion US dollars from the International Monetary Fund via the institution’s Special Drawing Rights (SDR). SDR refers to […]
It has been almost three years since Finance Minister Mthuli Ncube introduced his much-hated 2% tax. It’s still not clear why the tax was introduced, so many reasons have been […]
It seems South African regulators are grappling with how to regulate Bitcoin. A lot of people, in Mzansi, are participating in the Bitcoin rush drawn in by the tantalising prospect […]
The last time I talked about Binance, one of the world’s most popular crypto exchanges I was complaining about how they didn’t seem to want Zimbabweans on their platform. Now […]
Members of the National Mattress Bankers Union of Zimbabwe won’t be too surprised by this… It appears that if you make a USD or Forex deposit into your NOSTRO account […]
What are they thinking?
The Reserve Bank of Zimbabwe (RBZ) has ordered all banks to surrender their excess cash or liquidity. For this, the banks will get Non-negotiable Certificates of Deposit (CDs) yielding no […]
A number of Zimbabweans have revealed on social media that their Binance and/or Coinbase accounts were recently restricted. They were then asked to withdraw their funds to other wallets or […]
The Reserve Bank of Zimbabwe (RBZ) has, according to a report by the Herald, said that it is working with the banking sector to create incentives that will entice people […]
The future is crypto!
They were warned…
Establish trust and be very careful…
Its a “fees for all”
According to the Reserve Bank of Zimbabwe, remittances stood at just over US$1 billion in 2020 making it the gughest figure ever recorded in a single year.
The Reserve Bank of Zimbabwe has acknowledged the reports of a $50 banknote that is set to come but has denied plans for $100 & $200 banknotes..
The Reserve Bank of Zimbabwe is set to introduce ZWL$50, 100 and 200 banknotes according to Eddie Cross a memeber of the MPC.
The Reserve Bank of Zimbabwe has urged local banks to update their cyber risk management policies in the face of COVID-19. Ok, that’s a bit misleading. RBZ says since digital […]
The RBZ seems to have some idea of the plight of Civil Servants when it comes to the liquidation of their US$75 allowance. There have been banking institutions that have […]
The Finance Ministry, on Thursday last week published the mid-year budget review, in this they outlined the “progress” the country has made over the past six months. The more interesting […]
The Bankers Association of Zimbabwe (BAZ), whose main mandate is to support the banking business of member banks, supports the Foreign Exchange Auction Trading System introduced by the Reserve Bank […]