Category: Investing

Zimbabwe’s central bank governor Dr John Panonetsa Mangudya, has incredibly claimed that Zimbabwean citizens were using the blockchain to create their own money. Mangudya, who also declared that he does not believe “in these bitcoins,” made the astonishing claims during an interview with publisher Trevor Noah on his program In Conversation With Trevor. The central […]

Acie Lumumba Chronicles How His Business Collapsed…..Dishes Out Advice To Start-up Businesses Social media personality, political activist, and businessman Acie Lumumba took to social media to chronicle how his business collapsed and how he had to rebuild it again. Acie Lumumba, real name William Gerald Mutumanje is the owner of Platinum Fuels which supplies fuel […]

Warren Park residents have expressed worry over the rejection of 5 bond notes by some supermarkets and vendors. Some of the supermarkets in the area are rejecting the notes and are limiting bond notes to purchases of only 100 bond. “I am perplexed about what these supermarkets are doing because my monthly salary is coming […]

Eddie Cross, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC), said that if he was the finance minister, he would raise the Intermediated Money Transaction Tax (IMTT) from the current 2% to 5%. Cross feels the 2% being collected by the Treasury is “nothing” and should be hiked to 5%. […]