Current challenges with the availability of cash in the economy have opened up a very hot debate about the future of the business environment. Zimbabweans have, over the last few years, operated in a cash economy.
Cash shortages roiling Zimbabwe’s financial markets have driven many banks into a new age of innovative products designed to promote transactions through digital and electronic platforms.
FBC’s Executive Director-Retail Banking & e-Commerce Agrippa Mugwagwa (pictured) is the new president for the Marketers Association of Zimbabwe (MAZ).
The African Development Bank and Africa Export Import Bank are set to construct their regional offices in Harare and Government has requested land valued at more than $600 000 from Harare City Council.
Zimbabwe’s economy is projected to rebound from the sluggish 1,2 percent growth expected this year to a steely 4,8 percent driven by a cocktail of reforms and positive external factors.
Zimbabwe’s trade deficit narrowed 13 percent to $2 billion in the nine months to September compared to $2, 3 billion in the same period last year on lower imports.
Zimbabwe has cleared its arrears with the International Monetary Fund as part of efforts to settle its overdue financial obligations to the multilateral institution.
A CROSS-SECTION of manufacturers and retailers are optimistic that bond notes, which are expected in the market early next month, will improve liquidity in the economy. Reserve Bank of Zimbabwe Governor Dr John Mangudya has said bond notes are bac
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