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Zimbabwe Banks Suspend Use of Visa Cards as Cash Crunch Worsens

(Bloomberg) —  CBZ Holdings Ltd., Zimbabwe’s largest bank, suspended the use of Visa Inc. cards for local transactions as the country struggles to cope with a cash shortage. Charges on making transactions are very expensive for customers, CBZ Chief Executive Officer Never Nyemudzo said by phone from Harare, the capital, on Friday. …

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#Zimbabwe Top 10 Most Promising Young Entrepreneurs

Chamu Chiwanza Chamu Chiwanza is a Zimbabwean entrepreneur and a the presidebt of the empowerment lobby group, Affirmative Action Group. He  runs a micro-finance and micro-lending business, Cernic Financial Group. He founded The Shift. a “church for entrepreneurs”  which is a monthly platform where people meet to share and discuss business …

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