Finance Minister Mthuli Ncube announced a US$75 allowance for civil servants as a cushion against the ever-increasing cost of inflation. Government made it clear that the allowance was not withdrawable. Therefore, the only way to use the US dollar allowance is by liquidating it into Zimbabwe dollars and use it as cash or electronic money … Continue reading POSB & CABS solve civil servants’ Nostro account debit cards shortages
This morning RBZ gave us an update about its investigation on a video which circulated on social media showing a certain guy flaunting stacks of cash. In its statement, RBZ's Financial Intelligence Unit said it had identified the guy and where he got the cash he was showing off from. What was particularly noteworthy from … Continue reading RBZ fails to name & shame. Why?