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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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#Zimbabwe Finance Minister: “Stop Fresh Farm Invasions, You Are Scaring Investors Away”

Zimbabwe Finance Minister: “Stop Fresh Farm Invasions, You Are Scaring Investors Away” Elita Chikwati Senior Reporter — Government has ordered people to stop fresh farm occupations as they scare away investors eyeing the agriculture sector. Presenting the 2017 National Budget recently, Finance and Economic Development Minister, Patrick Chinamasa, said farmers …

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