Mukuru launches mobile wallet in Zim to bolster financial inclusion

He said Mukuru is using the wallet to tap into its strength which lies in its robust network and technology.
By Melody Chikono Jan. 14, 2025

Come back to your senses in 2025

The biggest of them all was the ditching of the RTGS currency, which  was replaced by the Zimbabwe Gold (ZiG) in April, touted as the panacea to the currency crisis and inflation.
By Newsday Dec. 31, 2024

Inflation recedes Zim's economy

Furthermore, since its launch, the Zig has had difficulty strengthening versus the USD. According to the RBZ, at the start of September, the Zig was trading at 13.79 to the USD
By Rudo Yvonne Dodzo Dec. 22, 2024

‘Banks in robust position as greenback deposits firm’

He said the banking sector should come up with instruments to deepen the financial markets, thereby providing more liquidity.
By Mthandazo Nyoni Dec. 13, 2024

Microfinanciers approve more loans based on movable collateral

PaR is a key financial metric used to measure the health of a loan portfolio, particularly in microfinance and banking.
By Lee Musaidzi Dec. 13, 2024

RBZ stance leaves market short on liquidity

While the RBZ move appears to have achieved short-term wins in exchange rate stability and inflation control, its implications on liquidity in the broader economy warrant a deeper dive.
By Newsday Dec. 6, 2024

Blowback: Controversial PVO Bill holds sway in US$21bn debt deal

They also want the Reserve Bank of Zimbabwe to end quasi-fiscal operations.
By Melody Chikono Nov. 29, 2024

The tale of Zim's 'torn' money buying brigade

Extremely worn out United States dollars (USD) are also rejected. For the money-buying brigade, damaged banknotes represent a business opportunity.
By Ophar Mavuri Nov. 27, 2024

‘Illegal dealers enticing lawyers to facilitate illicit financial flows’

The lawyer emphasised the importance of ensuring compliance with exchange control regulations and tax obligations.
By Tafadzwa Mhlanga Nov. 22, 2024