Techzim

Zimbabwe and regional technology news and updates

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RECHARGE


Eddie Cross: Zim should have a 5% transaction tax, halve PAYE & no company tax

I was joined yet again by Economist and former member of the Reserve Bank of Zimbabwe’s Monetary Policy Committee Eddie Cross to talk about financing a nation, tax collection and administration as well as electronic transactions You can play or download the podcast with the link below. Alternatively, you can download the podcast on WhatsApp […]


Eddie Cross: I’m excited about the Zim economy

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 […]


Eddie Cross has quit his post at the RBZ

Eddie Cross has stepped away from his position in the Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee.


We are getting ZWL$50, 100 and 200 banknotes

The Reserve Bank of Zimbabwe is set to introduce ZWL$50, 100 and 200 banknotes according to Eddie Cross a memeber of the MPC.


RBZ To Launch Electronic Trading Platform For Interbank Forex Platform

The RBZ is introducing a new measure to improve the efficiency or more specifically increase the trading of foreign exchange through legal means- an e-trading platform. Eddie Cross, a member of the Monetary Policy Committee said the platform might be launched this coming week: Next week, we hope to launch the new electronic trading platform […]


New Notes Are Going To Be Printed & Will Be Available In A Few Months – RBZ

The story about government introducing a new currency has been marked by twists and turns. Initially, Finance Minister Mthuli Ncube himself mentioned that a new currency in the form of new notes and coins will be introduced. And over a month later, Eddie Cross, who happens to sit on the Monetary Policy Committee, confirmed that […]


Government Speaks On Eddie Cross’s New Zim Currency Statement

Secretary for Information, Nick Mangwana issued a statement concerning remarks by former legislator and Economist, Eddie Cross about the introduction of a new currency next month. In the statement, government only said that Eddie Cross is not the mouthpiece of the Government nor RBZ (so we shouldn’t listen to him) but surprisingly it didn’t deny […]


Zim To Have A New Currency Next Month – Eddie Cross

Renowned Economist, Eddie Cross revealed that Zimbabwe is going to have a new currency next month. Mr Cross revealed this as he was urging the government to increase money supply so that EcoCash agents trading cash will be out of business and bring stability in the economy. The amount of cash in the market does […]


There Is More To An Economy Than The Value Of Bond Notes

My colleague has already delivered his rebuttal to Mr Eddie Cross’s claim that the bond note is the strongest currency in Southern Africa. In this article I am going to deliver my own rejoinder to the assertion by Mr Cross that because the bond note is stronger than all the other currencies in this region […]


“Bond Note Is The Strongest Currency In SADC”- Eddie Cross. Yes It Is, But………..

Prominent Zimbabwean Economist, Eddie Cross says the controversial bond currency is the strongest currency in the whole of southern Africa (SADC). Speaking to ZBC, the economist said: The underlying economy actually is fine, it’s growing, exports are growing and the fundamentals are strong and this was reflected by the fact that by Christmas the rate […]