According to the Reserve Bank of Zimbabwe, the increase is expected to bolster economic activity and ensure timely foreign payment settlements.
Editorial Comment

Incentivise informal sector to bank

THE Reserve Bank of Zimbabwe (RBZ) estimates that over US$2 billion is circulating in the informal sector in the country. This is too much money outside the country’s formal banking system and the major question is why is the situation like that. Several theories have been bandied around to try and explain this sad scenario…

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