Zimbabwe Under Threat of Losing U.S. Dollar Currency
The privilege of using the United States dollar as its major medium of exchange is under threat amid revelations the currency is being smuggled out of the country on a massive scale reports Zimbabwe Standard.
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Zimbabwe:
Economy Under Threat of Losing U.S. Dollar
Zimbabwe Standard, 1 May 2016
Zimbabwe's privilege of using the United States dollar as its major medium of exchange is under threat amid revelations the currency is being smuggled out of the country on a… Read more »
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Zimbabwe:
Cash Shortage - Lasting Solution Needed
The Herald, 3 May 2016
THE Zimbabwe International Trade Fair, National Workers' Day celebrations and the opening of schools for the second term today have exposed that the cash-flow challenges from the… Read more »
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Zimbabwe:
No End in Sight to Cash Shortage
The Herald, 28 April 2016
The cash supply situation remained critical in the country yesterday with workers failing to withdraw their salaries. This comes as parents and guardians also prepare for children… Read more »
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Zimbabwe:
Reserve Bank Sued Over 'New' Currency
The Herald, 28 April 2016
The Reserve Bank has been dragged to the Constitutional Court by an individual who claims that the bank declined the self-proclaimed research scientist's proposal to introduce… Read more »
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Zimbabwe:
Cash Crisis Hits Informal Sector
Zimbabwe Standard, 24 April 2016
The government should step up efforts to formalise the informal sector and promote financial inclusion as liquidity constraints continue to beset the economy, experts have said. Read more »
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Zimbabwe:
Panic in Govt As Chinese Loot Economy - Report
Financial Gazette, 21 April 2016
RELATIONS between Zimbabwe and China could sour after revelations nationals from the Asian country are mopping hard currency from the economy, creating a cash crisis that has… Read more »