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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...
Happi Zengeni/Tinashe Nyamunda Zimbabwe has spent at least half its fiscal existence using temporary cash, other people’s cash with additions, facing cash shortages, counterfeiting its own currency and generally providing collectors of notes and coins with a wide range of...
Jonathan Waters SUNDAY May 17 marks the 60th anniversary since Kariba Dam was officially opened by Her Majesty Queen Elizabeth, the Queen Mother. At 10:57am on what was a Tuesday morning, the Queen Mother pushed a button to start the...

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