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GLOBAL uncertainty has intensified with international payment systems being disrupted daily by new innovations and technologies. With sanctions on payment systems becoming a powerful weapon for...
TREMORS from the Russian invasion of Ukraine are spreading across the world as well as in Zimbabwe as record-high oil prices, excessive spending during forthcoming elections...
THE high inflation rate remains a major threat to the banking sector’s profitability, with its viability seen heavily dependent on the Reserve Bank of Zimbabwe’s ability...
CURRENCY instability and low investor confidence saw Zimbabwe raking in nearly US$150 million in foreign direct investment (FDI) last year, 23% lower than the previous year’s...
ZIMBABWE’S trade deficit is seen widening in 2022 to 2.4% of gross domestic product (GDP) as imports continue to outstrip exports while the current account surplus...
MTHULI NCUBE WHEN I was sworn in as Zimbabwe’s minister of Finance and Economic Development in September 2018, our economy was characterised by sustained fiscal imbalances,...
THE Reserve Bank of Zimbabwe (RBZ) says the value of transactions processed through the national payment systems hit the ZW$7.8 trillion mark last year, rising by...
HERE is an extract from the Monetary Policy Statement: “Pursuant to Government’s announcement in November 2021 on the country’s preference to introduce the central bank digital...
THE future of the Zimbabwe dollar, rapidly losing ground to the greenback currently, is bleak, unless the government starts preferring it for the payment of all...
TRADE finance processes are still predominantly paper-based, not only in Zimbabwe but everywhere. This results in unnecessary costs, delays and inefficiencies. With a number of digitisation...