Category: Finance

Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has already … Read More

Financial services provider POSB, has embarked on a skills audit exercise as part of its restructuring programme, according to an internal memo seen by The Herald Business. The exercise-being conducted … Read More

JOHANNESBURG. – South Africa and Eritrea have taken up shareholding in the African Export-Import Bank (Afreximbank) – the continent’s multilateral trade finance institution, in demonstration of their commitments to promoting … Read More

Dash, the top digital currency for payments, has announced an ambitious joint venture with KuvaCash, a program designed to solve Zimbabwe’s ballooning inflation, collapsing currency, and declining national economy. KuvaCash … Read More

The Reserve Bank of Zimbabwe (RBZ) has warned members of the public against using Bitcoin, saying its use is not legal in the country. The RBZ has been lax towards … Read More

“Cash is king!” Many times over, this statement has proven to be true, particularly in tough trading environments such as ours. The cash, we are referring to in this article … Read More

THE official United States dollar to bond note exchange rate remains 1:1 and members of the public should use licensed financial agencies in conducting their monetary exchange transactions, the Reserve … Read More

THE Reserve Bank of Zimbabwe has unearthed malpractices in the banking sector that could be fuelling cash shortages in the country. RBZ Governor Dr John Mangudya yesterday said a recent … Read More

The RBZ says it has come to their attention that certain retailers and traders of goods and services are refusing to accept modes of payment other than cash. I do … Read More