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Zimbabwe: Reserve Bank of Zimbabwe Moves to Curb Exorbitant Bank Charges

Zimbabwe: Reserve Bank of Zimbabwe Moves to Curb Exorbitant Bank Charges
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Zim must address high sovereign risk - The Zimbabwe Independent

This is not a good sign. The reason for this rejection is simple. ....

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High country risk gives banks, firms headache - The Zimbabwe Independent

This, Rukarwa said, was in the backdrop of policy uncertainties, especially around sustainability of the dual currency system. ....

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Banks under pressure over charges - The Zimbabwe Independent

Banks charge between 1% and 2% for interbank transfers, internal transfers and bill payments among others. ....

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Wanted: Roadmap on currency regime

THE country’s banking sector is pleading for clarity on the journey the economy is going to take on the multicurrency system, which was entrenched into law for the period of National Development Strategy 1 (January 2021–December 2025). Effectively, this implies that multicurrency ceases by December 31, 2025, unless there are extensions. In June 2022, the… ....

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