Tag: rbz

Zim’s new measures for importers to declare sources of forex

In Zimbabwe new reforms have introduced an interbank foreign exchange system, which is an official market to buy and sell foreign currency in Zimbabwe. Joining CNBC Africa to discuss the new measures for importers to declare sources of forex in Zimbabwe is Batanai Matsika, Head of Research at Morgan & Co.

Zim central bank introduces new currency

Zimbabwe’s central bank will be introducing a new currency amid a serious cash shortage in the country. Batanai Matsika, Head of Research at Morgan & Co joins CNBC Africa for more on the deliberations of the MPC in Zimbabwe.

Why this economist thinks Zim’s foreign currency ban is a premature move

In the battle of Zimbabwe versus the world, foreign currencies have been banned for all local transactions. The announcement made by Finance Minister Mthuli Ncube officially put an end to Zimbabwe's multiple currency regime. Who stands to gain or lose the most? Economist, John Robertson joins CNBC Africa for more.

Zimbabwe, the land of three prices at least

Millions moving into the system in cash-strapped Zimbabwe this morning to ease shortages of fuel and medicine brought on by the lack of hard currency.
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