On the 28th of September 2024, many a Zimbabwean became aware of the resolutions of the monetary policy committee meeting held the day before. A number of resolutions were made which included an increase in the bank policy rate from 20% to 35% and reduction of the amount of forex an individual can take out […]
Tag Archives | Cryptocurrency
Is it time for Zimbabwe to adopt Bitcoin, stablecoins and other cryptocurrency?
The introduction of yet another new currency adds to the ongoing challenges of navigating Zimbabwe’s economic landscape. As history has shown, these moves have not often gone according to plan. The currency changes have led to the dollar losing its value and sky high inflation. The significant loses have affected peoples day to day survival […]