Civil Servants On Edge as Zimbabwe Runs Out of Cash

The government may struggle to pay salaries to civil servants in the coming months because of a cash crisis that sees the return of long queues at banks.

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    CAJ News, 6 July 2016

    THE South African opposition, Democratic Alliance (DA), has called on government to mitigate the escalating unrest in neighbouring Zimbabwe. Read more »

  • Zimbabwe:   Stocking Up On Rand

    Financial Gazette, 2 July 2016

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  • Zimbabwe:   Cash Crunch Hits Importers

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    Money transfer agents have taken over the role of banks by making payments at a fee for companies that want to pay for raw materials and other imports, a move that is set to… Read more »

  • Zimbabwe:   Moyana Ready to Help On Cash Crisis

    Zimbabwe Standard, 12 June 2016

    Zimbabwe's first black central bank governor Kombo Moyana says he is prepared to offer solutions to the prevailing cash crisis if he is asked to do so. Read more »

  • Zimbabwe:   Civil Servants On Edge As Govt Runs Out of Cash

    Financial Gazette, 16 June 2016

    THE cash-strapped government is facing increasing fiscal pressures on the back of a rapid decline in tax revenues amid tell-tale signs that it could struggle in the coming months… Read more »

  • Zimbabwe:   Cash Crisis Worsens

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    A CASH crunch that has forced banks to reduce withdrawal limits is worsening, despite assurances from the Reserve Bank of Zimbabwe (RBZ) that the crisis would abate. Read more »

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