Monetary Policy Committee wants Zimdollar taxes

Official statistics show that foreign currency transactions make up 80% of payments with the remainder being made in local currency.
By Tafadzwa Mhlanga 6h ago

Reserve Bank secures $800m in BOP support

In its 2022 annual report released late last month, the central bank said the money includes letters of credit (LCs).
By Mthandazo Nyoni Dec. 1, 2023

Managing NPLs for better asset quality

The dramatic expansion of the banking sector in the late 1990s culminated in the financial sector crisis, leading to the closure of a number of banking institutions.
By Chiedza Chonzi Dec. 1, 2023

Effectively resolving inflation problem

The scarcity of money supply arising from the aforementioned interventions will result in reduced demand for goods and services in the economy.
By Kevin Tutani Dec. 1, 2023

Ceteris Paribus: ZSE surpasses October turnout half-way into November: Outlook

An average of ZW$1,44 billion exchanged hands on ZSE on a daily basis in October, and this has grown one-fold to ZW$3,2 billion per day in November.
By Tinashe Duma Nov. 24, 2023

Why don’t we copy from India?

We talk about this to highlight that, while the government is working on tapping into the informal sector, it needs to speed up whatever it is doing.
By The Zimbabwe Independent Nov. 24, 2023

Monthly economic review: Here is how October panned out

As such, adverse rate movements in the parallel markets compel companies to review ZWL prices upwards to minimise exchange rate losses.
By Zvikomborero Sibanda Nov. 24, 2023

Banks race to curb surge in card cloning

Statistics from the Reserve Bank of Zimbabwe (RBZ) point to a daily average of nearly ZW$50 billion being transacted through point-of-sale machines where bank cards are mostly used.
By Belinda Chiroodza Nov. 24, 2023

State of the economy: A helicopter view!

For some time now, Zimbabwe has witnessed excellent records of foreign currency inflows with the latest annual number being a record-breaking US$11,7 billion in 2022.
By Rufaro Hozheri Nov. 10, 2023