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Zimbabwe: Cash Shortages - Bank Staff Held Hostage
New Zimbabwe, 3 December 2013
THERE was a drama Tuesday afternoon at a commercial bank branch in Mutare when restive depositors held employees hostage, demanding their money as the country's cash shortages… Read more »
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Zimbabwe: Banker Calls for Action on Economy
Zimbabwe Independent, 29 November 2013
A TOP Zimbabwean banker has spoken out on the country's liquidity crunch rocking the financial services sector and the economy, saying government must show policy consistency and… Read more »
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Zimbabwe: Fresh Cash Crisis for Citizens
SW Radio, 27 November 2013
Just a month before Christmas Zimbabweans are standing in long winding queues to withdraw cash from banks, amid reports of a fresh liquidity crunch. Read more »
Cash Crisis Hits Zimbabwe
The country's banking sector faces a mammoth liquidity challenge as many local banks fail to service clients prompting fears of an economic nose-dive.
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Zimbabwe: Radical Decisions Needed to Solve Liquidity Problems
The Herald, 25 November 2013
WITH the biting liquidity crunch persisting, there is need to look at broader ways of improving cash in circulation as the prevailing economic hardships are largely being reflected… Read more »
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Zimbabwe: Liquidity Crunch - Zimbabwe Banks Limit Withdrawals
Zimbabwe Independent, 22 November 2013
LIQUIDITY conditions have worsened in the last two weeks with more banks limiting cash withdrawals in recent days amid fears the financial services sector is headed for troubled… Read more »
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Zimbabwe: Second Bank Fails to Pay Depositors
New Zimbabwe, 20 November 2013
TRUST bank became the second financial institution to struggle to pay depositors their money this week as the country's banks battle a biting liquidity crunch which has been… Read more »
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Zimbabwe: Strategies On Tackling Liquidity Crunch
The Herald, 20 November 2013
THE notion of liquidity in economic literature relates to the ability of an economic agent to exchange his or her existing wealth for goods and services or for other assets. In… Read more »
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Zimbabwe: Liquidity Crunch Hound Banks
Zimbabwe Standard, 17 November 2013
BANKS have proposed the setting up of an emergency fund to bail out institutions among a raft of measures to stem the prevailing liquidity challenges. Read more »
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Zimbabwe: Economy - Be Afraid, Be Very Afraid!
New Zimbabwe, 24 November 2013
"BE AFRAID. Be very afraid!" is probably an apt warning for ordinary Zimbabweans as the economy continues to falter. All economic indicators are pointing at a troubled situation in… Read more »
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Zimbabwe: Civil Servants Bonuses At Risk As Banks Limit Cash Withdrawals
SW Radio, 22 November 2013
Civil servants who are due to receive their annual bonuses, and others whose minimum wage was recently increased by government, have expressed concern that they may not be able to… Read more »
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Zimbabwe: Banks Facing Liquidity Crisis Since Elections
SW Radio, 11 November 2013
The banking sector in the country is facing severe liquidity problems as the economy has been sliding backwards since the elections in July. Read more »
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Zimbabwe: Economic Outlook Uncertain
Financial Gazette, 26 September 2013
THE average loan-to-deposit ratio for Zimbabwe's banks rose to 93,4 percent in January this year, from 91,6 percent in December 2012, indicating how financial institutions had… Read more »
