Zimbabwe faces liquidity crisis as US halts foreign aid
In Zimbabwe, banks heavily rely on foreign currency for transactions, trade financing and maintaining reserves.
By Linda Mujuru
19h ago
Markets anxious as central bank inflicts more pain on companies
Many exporters rely heavily on retained foreign currency to import raw materials, pay foreign suppliers, and service external debts.
By Tatira Zwinoira
Feb. 14, 2025
Restore banking confidence first
Exorbitant fees erode the value of deposits, making it more rational for individuals and businesses to seek alternative savings solutions.
By The Zimbabwe Independent
Feb. 14, 2025
Implications of Zim’s currency surrender policy
By forcing exporters to give up a larger share of their foreign currency earnings, RBZ risks discouraging exports.
By Raymond Tendai Rusinga
Feb. 11, 2025
Biting the hand that feeds you
The ZiG has lost about half of its value since April last year which may have jolted monetary authorities into action to build sufficient reserves.
By Newsday
Feb. 11, 2025
Govt to speak on IMF plan as economy tanks
RBZ last week revealed that an increasing number of depositors were fleeing the banking sector amid a liquidity squeeze and declining foreign currency shortages.
By Tatira Zwinoira
Feb. 10, 2025
Premium
RBZ’s monetary new policy thrust gets mixed reactions
Mutambasere said the policy measures were reactive more than being strategic for the economy.
By Tafadzwa Mhlanga
Feb. 9, 2025
Premium
Tobacco farmers fret over slashed retention fee
Zimbabwe Progressive Tobacco Farmers Association president Mutandwa Mutasa said it is unfortunate that farmers are being taken for granted.
By Nhau Mangirazi
Feb. 8, 2025
HDC bemoans RBZ 5% decrease in export retention
HDC’s concerns come as they are targeting exports of US$1,32 billion for the year from increasing the area under horticulture from 36 600 hectares (ha) to 55 300ha.
By Business Reporter
Feb. 7, 2025
