MojoMula is close to that with its partnership with OK Zimbabwe. BancABC still only has its Pick’n’Pay booths and its bank branches while Mukuru is the clear leader, with Spar, ZB, NMB ...

He accused unnamed speculators of borrowing Zimbabwe dollars at below-inflation interest rates and using the money to trade in forex. Other measures include an increased tax on forex bank ...

HARARE, July 24 (Reuters) - Oil firms, chrome miners, embassies and international organisations in Zimbabwe can use foreign currencies for local transactions, the central bank said, easing rules ...

Harare — Zimbabwe has the potential for an expanded World Bank role that can be attained subsequent to improvements in the country's economic and social conditions, a World Bank representative ...

HARARE, Feb 6 (Reuters) - Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%. Spurred by food and housing prices, Zimbabwe's inflation rose ...

Zimbabwe is preparing to launch a gold-backed digital currency, according to a report from the state-run Sunday Mail that cited John Mangudya, the governor of the country's central bank.

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as legal tender in the country. The move is a government initiative to stabilize the local currency from ...

Ruvarashe Misi (25), who was employed by Trolleycom Finance (Pvt) Limited trading as MojoMula, appeared before Harare magistrate Fadzai Mtombeni, who remanded her out of custody to November 27 for ...

and can ensure a stable and competitive currency,” the World Bank said in its review of Zimbabwe’s public finances on Wednesday. “In turn, this would open up the historic possibility of ...

I write about economic policy for the 21st century. This month, the Central Bank of Zimbabwe launched a new gold-based currency, the first gold-based currency from a government since Richard Nixon ...

THE World Bank has advised Zimbabwe to continue to strengthen its fiscal policy to help move the country towards a sustainable medium-term fiscal pathway. The global lender said this in its Public ...