Today I was joined by the former member of the Reserve Bank of Zimbabwe’s Monetary Policy Committee, Eddie Cross. We explored the recently launched ZWL $50 note, the contrast in policy and environment from Rhodesia to present-day Zimbabwe. The forex auction system and if it has been a success, his current capacity in financial policymaking and the general outlook going forward.
You can download or play the podcast with the link below:
NB: Techzim is now zero-rated for text-based content. However, for embedded videos and media like podcasts, you will need to have data. Alternatively, you can download the podcast on WhatsApp by sending the word “Podcast” to 0717 684 274.
You can subscribe & listen to Technikari with Eddie Cross on these podcast sites & apps
You should also check these Technikari episodes
If you deposit USD into a local foreign currency account, that money is not covered by the Deposit Protection Corporation (DPC). This means if a bank goes belly up there are few guarantees that your forex could be recovered.
Deposit incentives but no protection for USD, the mess that is Zim’s monetary policy
One week after SI 127 and well there are no prizes for anyone. Because experts, pundits and even armchair economists were all right about the effects of the statutory instrument.
One week of SI 127: experts & armchair economists were right
ZIMRA recently gave a grace period for the importation of cars that are 10 years or older. Now, this comes after the ban the govt instituted in April 2021 which leads us to believe it’s all about the revenue dip ZIMRA was experiencing on its end.
Extending 10-year-old car imports after “the ban” is all about the money
Zimbabwe’s Cannabis grower’s licence is priced way too high and this is keeping the country from a rapidly expanding and lucrative industry.
The cannabis growers licence fee is keeping Zim from a billion-dollar industry
4 comments
I guess Eddie is right to a certain extent. Zim’s future is bright, but then again you can pick any moment in Zim’s history and say the same thing. My point is, yes there is massive potential, there has always been massive potential, yet we all go about our business dreading any new anouncements from RBZ/Finance Minister/President/Vice President, because we all know thats all it takes to blow everything up.
Eddie is quite the character and I have to say the guy is kind of full of it at times, but i like that he is not afraid to speak his mind.
I thoroughly enjoyed this episode. Thank you.
Zim’s economy can do better with less announcements from government by the way announcements which confuse or destabilise the markets.Government officials should learn to be on mute when there is nothing of substance to talk about….that will help our economy ndatenda…
The problem is RBZ is not fair to manufacturing jeweller’s when we apply for gold they say pay in USD so they should provide us the USD to purchase from fidelity refiners whats the the point of giving us licenses when we cant acquire the USD
I never had you Mr cross condemn anytime this money printing story year after year you respond I the same.
.I m excited..