Techzim

Zimbabwe and regional technology news and updates

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RECHARGE

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ZW$ Has Not Been Devalued – RBZ

RBZ has denounced claims circulating on social media suggesting that the central bank has devalued the local currency. In a Twitter post, the bank has said such disinformation is a tactic to cause panic: The Bank would like to advise the public to disregard, with the contempt it deserves, the false and mischevious article circulating […]


We’re Going To Freeze Accounts Of Manipulators Upsetting Forex Markets – RBZ

The Reserve Bank of Zimbabwe took to Twitter this morning with a warning for individuals who are “destabilising” the country by putting pressure on the forex market. It has come to the attention of the Bank that there are some exchange rate manipulators that are exerting pressure on the forex market with the intention of […]