Bond notes -a legal perspective

May 7, 2016

On the 4th of May 2016, the Reserve Bank Governor of Zimbabwe, John Mangudya, issued a press statement wherein he…

ZIMRA boss Gershom Pasi  suspended

May 7, 2016

Zimbabwe Revenue Authority (ZIMRA) boss Gershom Pasi has been suspended together with five other top executives over the importation of…

Zimbabwe needs ‘bold reforms’ says IMF

May 7, 2016

The International Monetary Fund has urged “bold reforms” to revive Zimbabwe’s economy after drought cut agricultural production and disrupted hydropower…

How people pay in Zimbabwe

May 6, 2016

Zimbabwe’s Central Bank has identified the low use of electronic payments as one of the causes of the pervasive cash…

Zimbabwe stems illicit outflows

May 6, 2016

Zimbabwe has lost $50 million through illicit outflows in the last three months, the Central Bank governor John Mangudya said…

Cash shortages – the real causes and the wrong diagnosis

May 6, 2016

One of America’s great entrepreneurs, the late S. Truett Cathy, once said: “In the Great Depression, you bought something if…

New bond notes-key questions answered

May 6, 2016

The Reserve Bank of Zimbabwe has announced plans to introduce local “bond notes” to circulate alongside a basket of foreign…

Industry embraces bond notes

May 6, 2016

The Confederation of Zimbabwe Industries (CZI) has urged Zimbabweans to embrace the proposed bond notes, saying they will boost internal…

Mangudya full statement on the introduction of bond notes

May 5, 2016

Zimbabwe will introduce local bond notes which the main opposition Movement for Democratic Change led by Morgan Tsvangirai today condemned…

Zimbabwe could earn $800 million annually from Marange diamonds – Chidhakwa says

May 5, 2016

Zimbabwe’s rich Marange diamond fields in the east of the country can produce one million carats of diamonds per month…