Central Banking

Cash shortage still grips Zimbabwe

The Reserve Bank of Zimbabwe is printing over R218 million worth of cash to inject in the market and counter the current shortages. ATM machines are empty in the country and the note printing is unlikely to help inflation currently running at over 300%.

Source: SABC News

Zimbabwe is still experiencing an acute shortage of cash that has seen financial institutions cutting down on the withdrawal amounts per day.

Automated Teller Machines are completely empty making the lives of ordinary citizens d