RBZ charges Ecocash directors for money laundering violations
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...
Machakaire calls on youths to register for relief fund
Staff Writer
Youth, Sport, Arts and Recreation Deputy Minister Tino Machakaire says youths must register through his ministry to access start-up and relief funds which are currently being distributed around the country.
Speaking at a Plumtree...
RBZ directs Steward Bank to limit payments into Ecocash Trust account
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...
Tobacco sales total US$59m in the first 15 days
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%...
Zim needs fiscal support to meet testing and health facilities targets: ZADHR
HARARE – Zimbabwe Association of Doctors for Human Rights (ZADHR) says the country continues to lag behind in meeting its testing and health infrastructure strengthening targets due to inadequate allocation of fiscal support from...
FSCA temporarily suspends Ecsponent Financial Services’ licence
The Financial Sector Conduct Authority (FSCA) on Wednesday imposed a two-week suspension on the operations of Ecsponent Financial Services (EFS), which stands accused of marketing “high risk” preference shares in its JSE-listed parent company...
We are on our own in fighting COVID-19 – Mangudya
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...
Mash Holdings rent collections drop to 70% in April due to coronavirus lockdown
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...
Money in Zimbabwean History: A Concise Currency Timeline
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...
Mother Touch School in online fees storm
Farai Mabeza
Parents with children at private schools, who, after being bombarded with United States dollar demands for online learning, are feeling the pinch of the COVID-19 pandemic.
With diminished incomes under lockdown, the latest bills...

















