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Policy inconsistency hurting economy
The Reserve Bank of Zimbabwe (RBZ) reintroduced the Zimbabwean Dollar and outlawed the use of multicurrencies on the local market on the 24th of June 2019, despite widespread concerns on burning the m...Published: 05 Aug 2019 at 09:12hrs | | by Victor Bhoroma
Zimbabwe to continue using multicurrencies
Zimbabwe's use of the multicurrency system will continue until such a time that the country's macroeconomic fundamentals have re-aligned, President Emmerson Mnangagwa said today in his inaugural State...Published: 18 Sep 2018 at 19:36hrs | | by Staff reporter
MMM pyramid scheme takes Zimbabwe by storm
Yes, it is possible to earn 100% per month here, but this is not a HYIP (high yield investment programme), boasts pyramid scheme Triple M on its website.It claims the platform is a communi...Published: 14 Aug 2016 at 14:15hrs | | by Staff reporter
'Zimbabwe not going rand route'
BANKING sector lending to the Small to Medium Enterprises sector has gone down by about 1,7 percent in the last three years as the country's biggest source of employment continues to receive the least...Published: 10 Jul 2016 at 09:51hrs | | by Roberta Katunga
Zim coins to start circulating December 18
THE new Zimbabwe coins were yesterday unveiled by the central bank, but will only start circulating in the country on December 18.Reserve Bank of Zimbabwe governor John Mangudya said the count...Published: 06 Dec 2014 at 07:37hrs | | by Staff Reporter
Multicurrencies: impact of the Chinese currency
The recent addition of the Chinese currency, among others, into Zimbabwe's much-admired multicurrency system (which the new RBZ governor has already branded as being sin qua non to the Zim economy rev...Published: 30 May 2014 at 13:51hrs | | by Colls Ndlovu
Multicurrency system: Zimbabwe continues to lead the world
For the first time ever in its de facto one party rule since 1980, one must agree that Zimbabwe has gotten one and only one thing right: ,i.e. the multicurrency system. This is one area where Zimbabwe...Published: 14 Feb 2014 at 15:46hrs | | by Colls Ndlovu
Zim$100 000 000 000 000 000 000 000 000
The figure above is the last official currency in, real terms, that was issued as legal tender by the Reserve Bank of Zimbabwe if you add back the 13 zeros that had been slashed off the last Zim$100...Published: 31 Oct 2013 at 15:58hrs | | by Colls Ndlovu
Zimdollar versus the multicurrency system
The ongoing debate within Zimbabwe's financial markets about the possible return of the now-defunct Zimdollar serves to further destabilise the country's still fragile economy in general, and the fina...Published: 28 Oct 2013 at 16:07hrs | 1 | by Colls Ndlovu
Zimbabwe's multicurrency system: a critical appraisal
Dollarisation entails the de jure abandonment of a country's own currency and ipso facto the adoption of a more stable currency of another country, generally the U.S. dollar as its legal tender. Howev...Published: 23 Nov 2011 at 17:29hrs | | by Colls Ndlovu
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