Too early to drop 1:1 currency rate, says leading asset firm
It is too early to get rid of the 1:1 currency peg, as doing so in the current environment may bring “irreparable damage” to the economy, according to analysts...
OPINION: How technology can help curb Zimbabwe’s bus accidents
By Tichawona Muzira
Can technology help to slow down the rate of road accident related carnage in Zimbabwe? Something needs to be done to reduce the number of people being...
Liquidators freeze R41.5 million ‘linked’ to Kamushinda in bank probe
Liquidators have frozen R41.5 million held in South African banks by an asset management firm they believed siphoned money to businessman Enoch Kamushinda, South Africa's City Press reports.
While VBS...
Forex crisis decimates 50 000 of Zimbabwe’s cattle
Zimbabwe has lost 50 000 cattle over the past year because it does not have foreign currency to import vaccines and dip chemicals, whose demand has grown as rising...
Of fires, accidents and goblins – and zero responsibility
It’s been almost a decade since five people died in Chitungwiza after a goblin exploded as it was being beheaded.
That, at least, is...
‘Re-dollarising’? EcoCash now offers a US dollar wallet
Cassava SmarTech now offers a foreign currency account (FCA) wallet on its EcoCash mobile money platform, following October’s “ring fencing” of US dollar balances by the Ministry of Finance.
Cassava Smartech is the...
