Blog #Finance

The World Bank Group officially removed Zimbabwe from its Fragile and Conflict-Affected Situations classification in July 2026. Being delisted is significant for economic growth and international partnerships because it signifies positive economic trajectory and favourable policies. For years, Zimbabwe has been a regular on this list primarily due to institutional fragility, ever unpredictale policies and Institutional assessment scores, and deep-seated macroeconomic instability. So if the country has seen positive change in the economy, enough to be delisted, why is life even worse for the average citizen?

In late July 2026, Zimbabwe's Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, stood in Bulawayo and launched something the country's capital markets had never quite had before. It was called the Zimbabwe Entrepreneurship Exchange, or ZEEX, and its purpose was disarmingly simple to state even though the problem it addresses has proven stubbornly difficult to solve: getting money into the hands of small and medium enterprises that banks have historically been unwilling or unable to fund. ZEEX did not appear out of nowhere. It was built by ZSE Holdings, the group that already runs the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange, and it is regulated by the Securities and Exchange Commission of Zimbabwe.

Well if you ever transacted in the past few days, you would have noticed a very big unpleasant change to the charges Ecocash is now charging. Where are we really going as a nation, is it a lack of worthy competitors, or government policies causing all these unrealistic charges. Apparently to transact $5 the charges are now about $2 that’s a 40% charge on a single transaction, all this is a result of the Digital Service Tax (DST) on top of the government tax and the service provider charges as well. Lack of clarity on actual charges is what is causing this uproar and the reasons for these ureasonable hikes yet to be disclosed to us, where will this money go and what will it be used for. Let’s take a look at what is really happening so we may try to get handle on the current situation.

For the past few weeks, as we have covered in our earlier articles, the government has been slashing prices on several fees for things like licenses, city parking and more though the price cuts haven’t come into effect. This comes at a time where citizens are suffering with the deteriorating economy and failing to pay some of these fees, another agency has joined the bandwagon to try and ease the financial issues the Citizens are facing. The Zimbabwe National Road Administration (ZINARA) has introduced flexible payment terms for motorists who are in arrears in terms of vehicle licences. The headline is you can now pay in structured payment plans to help everyone clear their debts.

It’s no secret that most if not all Zimbabweans have little to no trust in the banking sector in Zimbabwe and for good reason. Political instability, policy changes and currency volatility have been all major factors contributing to loss of trust in the banking system with all these issues greatly affecting our currency and economic landscape. Most people are skeptical of banking their because of these inconsistencies and loss of trust in the system. So what we are going to look at what exactly happens to customers when a bank closes in Zimbabwe for whatever reason and we will be looking at how previous failed banks were handled.

If there is one thing a business needs in the modern age, it’s a powerful POS system. The success of any retail or service business depends heavily on how fast, accurate, and efficient its operations are. At the heart of this efficiency is a powerful POS system, not just for processing payments, but for streamlining the entire customer journey. A modern point of sale system goes far beyond basic billing. It can manage inventory, track sales, handle customer loyalty, generate reports, and even support multi-location setups. The difference between a good system and a great one often comes down to its features. This guide explores why POS features matter, how they impact your business performance, and what to consider when selecting the right POS solution.

Credit cards and debit cards are two common financial tools that individuals use for various transactions. While they might seem similar at first glance, they serve distinct purposes and come with different features. Understanding these differences is crucial for making informed financial decisions. Let's delve into the key distinctions between credit cards and debit cards.

Taxation is an integral part of any functioning society, providing the government with the necessary funds to support public services and infrastructure. However, the terms "tax evasion" and "tax avoidance" are often used interchangeably, causing confusion. Understanding the distinctions between these two practices is crucial to navigating the complex landscape of taxation.