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Zimbabwe:
Employers Lose U.S.$40 Million to Cash Queues
Zimbabwe Independent, 28 April 2017
If we use an average minimum wage of US$250 per month the loss goes down to half. This will translate into slightly below half a billion US dollars per year if the cash shortages… Read more »
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Zimbabwe:
Businesses Cash in On Cash Seekers
New Zimbabwe, 26 April 2017
Business people are taking advantage of prevailing liquidity challenges by charging premiums of between 10 and 20 percent to desperate cash seekers. Read more »
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Zimbabwe:
Bond Notes Alone Won't Solve Nation's Problems - IMF Official
News24Wire, 24 April 2017
Bond notes alone won't address Zimbabwe's cash challenges, a top International Monetary Fund official has said. Read more »
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Zimbabwe:
No More Bond Notes for Now - Central Bank Governor
News24Wire, 23 April 2017
Are you hoping for respite from Zimbabwe's cash squeeze? Read more »
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Zimbabwe:
Where Is the RBZ?
Financial Gazette, 27 April 2017
LAST week, we reported that cash barons were on the prowl in the country, rescuing Zimbabwean firms with huge sums of foreign currency to pay for critical imports, but in the… Read more »
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Zimbabwe:
E-Payments Must Be Universal, Simple
The Herald, 28 April 2017
The shortage of banknotes, including bond notes, in the Zimbabwean banking system, has generated a huge surge in use of the electronic transfer systems, but to give Zimbabweans the… Read more »
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Zimbabwe:
Here's Why Zimbabwe Won't Adopt the Rand
News24Wire, 24 April 2017
It doesn't matter how much sense it makes to ordinary Zimbabweans: Zimbabwe will not formally adopt the rand, the central bank governor says. Read more »
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Zimbabwe:
Exploring The Economy 37 Years On
Zimbabwe Independent, 28 April 2017
April 18 2017 marked 37 years of the country's Independence from colonial rule. The definition of Independence in 1980 included freedom from the white minority regime, freedom of… Read more »
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Zimbabwe:
Government Admits 'Printing' Money
Financial Gazette, 27 April 2017
PRESIDENT Robert Mugabe's embattled administration has for the first time admitted printing money in the form of a virtual currency through the Real Time Gross Settlement (RTGS),… Read more »