Public to continue using mobile money – RBZ suspends agent lines
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to.
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to.
THE Government has suspended phone-based money transactions with immediate effect as investigations into allegations that they fuel black market transactions that have caused.
FOLLOWING the introduction of a forex auction system this week on Tuesday by the Reserve Bank of Zimbabwe (RBZ), tobacco farmers are outraged.
THE official exchange rate of the US dollar is now 57.36 following the implementation of the market-based auction system. 92 bids were received.
The Zimbabwean government’s move to pay its workers US dollar-denominated allowances as the southern African country struggles to stabilise its local currency has.
Reserve Bank of Zimbabwe has announced a new forex auction system, saying it will bring “transparency and efficiency” to currency trade. The auction.
The US$75.00 and US$30.00 COVID-19 allowances awarded by the government to civil servants and government pensioners, respectively, will not be in notes form.
FINANCE and Economic Development Minister Professor Mthuli Ncube told the ruling Zanu-PF Politburo meeting this week that indeed, the economy is imploding and.
Zimbabwe’s central bank is limiting the number of internal bank transfers customers can make to two a day, as the central bank moves.
Tinashe Nyamunda In the previous article, I examined the currency crisis that slowed down the consolidation of white economic development in Southern Rhodesia.