In Zim, the RBZ’s FIU can freeze your account without court order. A fact that won’t scare many who shun the official banking sector. For various reasons, Zimbabwe has been […]
There is a larger conversation to be had about whether or not Zimbabwe should officially redollarise. That is, to exclusively use the USD, or to at least scrap the Zimdollar […]
Multichoice has announced that DStv package prices are going up in South Africa. The price “adjustment” is a 2.7% uptick across all packages starting from April 1st 2022 and here […]
I must have been out of the loop all these years cause I had no idea ranking finance ministers and central bank bosses was a thing. It does make a […]
After a couple years of recession, the Zim economy grew in 2021. The World Bank says we grew by 5.1%. Now, increased economic activity necessitates and causes a growth in […]
If you were in a coma the whole of 2021, just know you didn’t miss out on anything. It was a garbage year, globally. Zimbabwe was no exception. Near the […]
In Liam Neeson’s voice, “whoever you are, wherever you are, if you’re participating in the foreign currency parallel market, we will find out how you are doing it and we […]
The Ministry for Finance has said that it will be implementing measures to curb black market dealings. Some of the ways the govt will be dissuading businesses from trading on […]
According to a study by Chainalysis, Africa’s cryptocurrency economy grew by 1200% between July 2020 and June 2021. The value of transactions was estimated to be US$105.6 billion during that […]
A few weeks ago the Zimbabwe Republic Police (soon to be Zimbabwe Police Service) sparked outrage when they announced that passengers are seen boarding non-ZUPCO buses would be fined $2000 […]
So, I was randomly scrolling through the Google Play Store, as anyone does when they are bored, and I came across something interesting. While there, and for some reason, I […]
BancABC has announced that you can now collect your Mukuru remittances at their branches nationwide. You can now collect your @mukurudotcom 💵 order at any @BancabcZW branch 🏦. Bring your […]
One of the most memorable ads from the last decade is, at least for me, the Vodacom “we have been having it” series of ads including this one. In them, […]
Judging by the comments and views we get on crypto-currency articles and social media intelligence, Zimbabwe does have a very thriving and vibrant cryptocurrency community. A lot of these people […]
A hail Mary, wise decision or is this the RBZ trying to stop a hurricane with an electric fan?
If your operations cross borders then you might want to consider opening an FNB non-resident account as an alternative to PayPal and Skrill restrictions
Zimbabwe’s most recent economic revival plans are now a trilogy, will the NDS1 be any different from the last?
It is an understatement to say 2020 has been an unusual year. Thanks to Covid-19 a lot of people have spent entire months cooped up in their houses stuck with […]
Over the past month, Zimbabwe Stock Exchange and mobile money platforms have come under scrutiny from the government. This scrutiny came to a head when the Permanent Secretary of the […]
The Reserve Bank this afternoon issued a statement that made Zimswitch the national payment switch. This means that EcoCash will be relegated to just being wallet and will have to […]
The Reserve Bank has added more bond notes into circulation. The most recent increase came on the 19th of June where they injected ZWL$64 million. This raised the hard currency […]
The government last night through Information Secretary Nick Mangwana decided to suspend all forms of mobile money. Now the reasons behind that decision aside, what does it mean for all […]
With recent news of Government’s attempt to ban EcoCash and all mobile money platforms, I got to thinking. How many times has the government and financial authorities shifted the goalposts […]
Zimbabwe’s central bank has made it hard for me to write of them in any positive light in a very long time. In recent weeks they have issued unilateral decisions […]
It’s been a scandalous month for the Reserve Bank and mobile money service providers with EcoCash at the centre of the Central Bank’s dart board. Background… The economy has been […]
[Image Source: Vaya Africa] A few months ago, Econet Global CEO Strive Masiyiwa announced that Vaya would start using Electric Vehicles (EVs) and it seems those electric vehicles are finally […]
When Golix’s tussle with the Reserve Bank began last year, one would have assumed that since the RBZ initially announced Golix would have a 60-day pardon to give the exchange […]
When the Minister of Finance first proclaimed that the multicurrency system had been scrapped we argued that this did not necessarily mean forex was banned. Now, the government through the […]
Zimbabwe’s Anti-Corruption Commission has said like you and me, they are not particularly pleased with what EcoCash agent’s and the EcoCash system has become. The issue of selling cash by […]