Zimbabwe Stock Exchange Stops Trading for Mobile Money Probe
The government says it needs to investigate "malpractices, criminality and economic sabotage" activities on the stock exchange and mobile money services. Zimbabwe has struggled to maintain the stability of its local currency since reintroducing it back in 2016.
Zimbabwe's inflation rose to 785.55% year-on-year in May from 765.57% the previous month, Zimstat has announced, as citizens grapple with rising prices of basic goods and a ... Read more »
Zimbabwe's cash-strapped government has splurged millions of United States dollars on top-of-the-range vehicles for senior military officials at a time when President Emmerson ... Read more »
A High Court in Zimbabwe has set aside a central bank exchange control directive which had unilaterally ordered the conversion of U.S. dollar bank account balances into Zimbabwe ... Read more »
The U.S. has removed Agribank and the Infrastructure Development Bank of Zimbabwe from the sanctions list, a move that will allow them to do international business more easily and ... Read more »
A woman displays the new $10 banknotes on her way out of a bank in Harare (file photo).