Fuel Shoots Up Again The Zimbabwe Energy Regulatory Authority (ZERA) has announced yet another increase in the price of fuel effective tomorrow, Monday, 25 November 2019. Diesel has gone up by 16 cents per litre to cost ZWL$17.90 per litre while Blended Petrol has gone up by 37 cents per litre to cost ZWL$17.44 […]
Category Archives: Local
Special People Don’t Have Cash Withdrawal Limits – Mangudya Speaks On Mega Withdrawals Of $44 000 & $15 000
Cash Withdrawal Limits Don’t Apply To Everyone Reserve Bank of Zimbabwe (RBZ) governor John Panonetsa Mangudya has said that cash withdrawals do not apply to everyone as some have special exceptions. Mangudya’s comments come after outraged Zimbabweans questioned how Ecobank and CBZ allowed certain customers to withdraw $15 000 and $44 000 in cash […]
CBZ Speaks On $44 000 Withdrawal: Our Hands Are Clean, It Was A Legitimate Withdrawal
CBZ Speaks On $44 000 Withdrawal Local financial institution CBZ seems to be in fire fighting mode after the Reserve Bank of Zimbabwe issued a damning statement alleging that the bank had allowed one customer to withdraw a massive $44 000. This amount is above and beyond the current weekly withdrawal limit of $300 for […]