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 | US Dollar
Money Laundering in Zimbabwe; Why The Dirty US Dollar Bills?
According to a recent report from an international news network, money laundering in Zimbabwe takes on a different meaning because it literally means laundering money with soap and water versus what the phrase means in the traditional sense. For those who have cash in hand, the chances of them being in possession of a clean […]
Zimbabwe State Lotteries – Safest In The World!
During the 2009/2010 festive season, US$1 could have instantly made you US$100,000 richer. How? All you had to do was buy a scratch card from the State Lotteries and all going well you could have won that amount. Another popular game that was introduced was Bingo which people could play Monday to Saturday from 11am […]