Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
HARARE – The Reserve Bank of Zimbabwe (RBZ) has provided an update on the two bureau de change that were suspended from operations earlier in the month. Cash Twenty Four and Crediconnect were flagged for money laundering and were...
HARARE – (FinX) The Reserve Bank of Zimbabwe (RBZ) through its Financial Intelligence Unit (FIU) has singled out China Nanchang among the rate manipulators who have been engaging in activities that have exerted pressure on the exchange rate in...
Talkmore Gandiwa
HARARE (FinX) - Zimbabwe’s broad money position recorded a marginal increase in September 2025, rising by 0.32% to ZiG 99.5 million, a gain of just ZiG 321.46 million from the August level of ZiG 99.2 million. While the...
Farai Mabeza
Government’s new five-year National Development Strategy lacks a clear funding plan, posing a threat to its potential success and business will be watching keenly how it is implemented, lobby group the Zimbabwe...
Reason Razao
HARARE - Government says it has put in place initiatives to boost food production and take advantage of international markets as it aims to increase agricultural outputs to US $8.2 billion while growing exports to US$4.2 billion through...
HARARE - The Financial Intelligence Unit has directed that the accounts of four retail chains be frozen to allow for investigations on possible money laundering allegations related to parallel market activity.
According to a letter from the FIU to all...
Jonathan Waters
BRITAIN had introduced daylight saving during World War I ostensibly to save coal. While this has been found to be a fallacious argument given the same number of daylight hours remain regardless, there was a good deal of...
HARARE – The Zimbabwe Energy Regulatory Authority has hiked the price of fuel, although it remains below US$1, after admitting that pricing could not follow the parallel market rates as it would heighten inflationary pressures.
In a notice, ZERA increased...
