Zimbabwe’s Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government

Zimbabwe’s Reserve Bank Orders Banks NOT To Lend Money To Anyone, Including Government       The Reserve Bank of Zimbabwe has ordered banks and financial institutions in the country not to lend money to anyone, including the government and private individuals. The central bank made the pronouncement following President Emmerson Mnangagwa’s address to the …

“Takatora Tsvimbo Ndokurova”: Mnangagwa Says EcoCash Was Sabotaging The Economy And Causing Runaway Inflation

Mnangagwa Says EcoCash Was Sabotaging The Economy     President Emmerson Mnangagwa has attacked the country’s biggest mobile money company Ecocash, accusing it of sabotaging the economy and causing the country’s runaway inflation. According to the President, EcoCash was creating billions of dollars of phantom money, which was prompting the country’s inflation to skyrocket. He …

Sweet News To Zimbos As Mnangagwa To Slash Prices Of 7 Basic Commodities Following Mealie Meal Subsidy

Mnangagwa To Slash Prices President Emmerson Mnangagwa has said that his government is going to slash the prices of 7 basic commodities in order to protect the people from skyrocketing prices. This comes a few days after the price of meal mealie was slashed by 50 percent from a $100 for a 10 kg packet …