Tag Archives: exchange rates
WATCH: Why Zororo Makamba Is Talking BS On New Zim Dollar – Nomalisa Musasiwa
A rebuttal video from Nomalisa Musasiwa in which she disputes some of the ‘facts’ mentioned by Zororo Makamba in his video on the reintroduction of the Zimbabwe Dollar.
“Zim Dollar Will Soon Be Recognised Outside The Country” – RBZ
The Reserve Bank of Zimbabwe (RBZ) has that it is currently working on measures to ensure that the newly reintroduced Zimbabwe Dollar will be recognised across the whole world. NewsDay reports that RBZ director of research John Mafararikwa told a meeting organised by the Institute of Chartered Accountants of Zimbabwe, We have sent messages …
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PICS: “Haukudyi Uku” – More Abnormal Prices From Restaurants Following Reintroduction Of Zim Dollar
It seems that the reintroduction of the Zimbabwe Dollar and the abolishing of the multicurrency system will not fare well for tourists and customers of the hospitality and food industry. Some of the operators have raised their prices to abnormally high levels in the local currency as well as foreign currency, which would make it …
Mnangagwa Sued Over Return Of Zim Dollar
President Emmerson Mnangagwa has been sued over his government’s decision to reintroduce the Zimbabwe Dollar and abolish the multicurrency system. Businessman and losing presidential candidate Joseph Makamba Busha has lodged an application at the High Court seeking to have Statutory Instrument 142 of 2019 reversed. Part of Busha’s court papers filed by his lawyers, Tichawana …
WATCH: Return of the Zimbabwe Dollar Explained | State of the Nation with Zororo Makamba
Talk-show host and producer, Zororo Makamba speaks on President Emmerson Mnangagwa’s government’s decision to ban the multicurrency system and reintroduce the Zimbabwe Dollar.
“We Are Only Printing $400m To Increase Paper Money” – Mangudya Allays Fears Of Abuse Of Printing Press
The Reserve Bank of Zimbabwe (RBZ) has reassured the nation that it will not plunge the country back into the hyperinflation era by overprinting money. RBZ governor John Mangudya insisted that the central bank was only going to print $400 million worth of bond notes in order to increase the amount of paper money and …
PICS: Cheer For Fast Food Lovers As Prices Get Slashed
Quick service restaurants (QSR) operator Simbisa Brands has decreased the prices of some of its products, following the reintroduction of the Zimbabwe Dollar and the banning of the multicurrency system. Simbisa Brands announced a decrease in prices at Chicken Inn, Pizza Inn, Haefelis, Creamy Inn and Steers. The prices at Bakers Inn have not decreased. …
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Official & Black Market Exchange Rates – 04 June 2019
MarketWatch.co.zw ( June 04, 2019, 9:13 am) 100 USD = 795.0 RTGS (695.0%) 100 USD = 775.0 Bond (675.0%) 100 USD = 968.0 RTGS (868.0%) (Old Mutual Implied Rate) 100 USD = 1441 South African Rand (ZAR) 100 Bond = 120.0 RTGS 100 …
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PIC: Fake Bond Notes Flood The Streets
Following revelations that a criminal syndicate is printing fake bond notes and offloading them onto the parallel foreign currency market, images have emerged of $5 bond notes with the same serial number. Below is one such image So please, be a little extra vigilant when receiving bond notes, especially if they are a lot. …