Farai Mabeza
The High Court has dismissed with costs Ecocash’s application by Ecocash seeking an interdict against a Reserve Bank of Zimbabwe directive to suspend and freeze all agents accounts with a monthly transaction threshold above $100 000.
In his ruling,...
HARARE – The stock market rally surged at the start of a holiday shortened week buoyed by strong performances in select heavyweight counters. Turnover also continued in high territory as investors sought value preservation in the wake of renewed...
Staff Writer
Harare-based entrepreneurship promotion company, Tech-Hub, has launched the first-ever Start-Up Survey on COVID-19 and Recovery in Zimbabwe.
The study is expected to gather information and to understand how the pandemic has affected start-ups in Zimbabwe with a view to...
Farai Mabeza
HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecocash, the company’s chief executive officer Natalie Jabangwe and director Eddie Chibi, who is...
Farai Mabeza
The Reserve Bank of Zimbabwe has ordered Steward Bank to limits payments into the Ecocash Mobile Money Trust accounts from third parties to a maximum of Z$100 000 per month.
This is in line with the Central Bank’s latest...
HARARE - At least 26.4 million kilograms of tobacco worth US$59m have been sold so far since the start of tobacco selling season, statistics from the industry regulator show. The sales figure is 278.27% higher than US$15.6m from 8.8...
Farai Mabeza
Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency financial assistance extended to other countries by the International Monetary Fund, Reserve Bank of Zimbabwe...
HARARE - Mashonaland Holdings says that the coronavirus-induced lockdown had seen rent collection levels drop to 70% from the average 95%. This comes as over 70% of the group's tenants were prevented from being physically presented in the leased...
Early State-making and the historical foundations of Zimbabwe’s colonial monetary system: 1890-1900
Tinashe Nyamunda
What is money in Zimbabwe? Given the contentious and dynamic experiences in Zimbabwe’s recent history, there is no easy answer to this question. But a glimpse into...
Staff Writer
HARARE – In a judgment, which could have potentially far-reaching implications over the conversion of USD bank balances to RTGS, the High Court today nullified the exchange control directive issued by the Reserve Bank of Zimbabwe in October...
