HARARE – Ecocash, a subsidiary of ZSE-listed Cassava Smartech, is engaging in shadow banking and is a Ponzi scheme that is creating fictitious money and balances in the system, FinX can report.
According to the Reserve Bank of Zimbabwe, Ecocash has...
Air travel passenger numbers across the region show a steady recovery and growth in 2025 compared to the previous year, according to recent statistics covering January to August. Total passenger movements increased from approximately 1.45 million in the first...
Shamiso Ngwena
Air Zimbabwe is set to resume domestic flights next Wednesday after enduring a period of tumultuous times that led to the national airline failing to service some of its regional and international...
HARARE- The Zimbabwe Energy Regulatory Authority has announced a nominal increase in the price of fuel after the Zimbabwe dollar took a knock against the United States greenback at the Foreign Currency Auction System this week.
The local currency continued...
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...
Christopher Mahove
Zimbabwe could lose out on the vast opportunities that exist in the African Continental Free Trade Area because the country is not manufacturing enough for exports and has some of the most difficult condition for starting a...
The Restaurant Operators’ Association of Zimbabwe has expressed concern over the renewed closure of restaurants and has challenged the misperception that restaurants pose a threat to public health. ivermectina estomago
ROAZ president Bongai Zamchiya said the livelihoods of restaurateurs,...
Rutendo Maraire
President Emmerson Mnangagwa has withdrawn a public law that prohibited the publication of how and who would be supplying medical equipment on alleged national interests.
On Friday, the office of the president and cabinet published General Notice 635 of...
HARARE (FinX) – President Mnangagwa has further relaxed the coronavirus-induced national lockdown as he sought to re-activate what he termed ‘freedoms promised’ at the outset of the ‘new dispensation.’
In an address, which contained reminders of perhaps the difficult task,...
David Whitehouse
Zimbabwe’s inflation slowdown in February may reflect the impact of COVID-19 restrictions imposed in January rather than a genuine downward trend.
But prospects of a good harvest and improving confidence from business leaders points to relief down the road.
The...
