CASH SHORTAGES TO END : MANGUDYA

Banks should constantly update the central bank on the
amount of money they need to meet demand from depositors, Reserve Bank of
Zimbabwe (RBZ) Governor Dr John Mangudya has said.

Ordinary Zimbabweans are struggling to access cash from
banks despi…

Banks should constantly update the central bank on the amount of money they need to meet demand from depositors, Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has said. Ordinary Zimbabweans are struggling to access cash from banks despite the introduction of new notes and coins in November last year. Cash is, however, readily available on the parallel market where it is sold at