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Zimbabwe Faces Liquidity Crisis as US Halts Foreign Aid

Summary by The Zimbabwean

Batsirai Mutara sells cheese, crackers and dairy products from the trunk of his car. Like many Zimbabweans who rely on US dollars for daily transactions, Mutara and other traders fear that the recent USAID funding cuts could trigger liquidity challenges in Zimbabwe’s banking system. Photo credit: Linda Mujuru, GPJ Zimbabwe HARARE, ZIMBABWE — Batsirai Mutara started selling cheese and dairy products from a makeshift roadside stand when he was 27.…

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Zimbabwe Faces Liquidity Crisis as US Halts Foreign Aid

Batsirai Mutara sells cheese, crackers and dairy products from the trunk of his car. Like many Zimbabweans who rely on US dollars for daily transactions, Mutara and other traders fear that the recent USAID funding cuts could trigger liquidity challenges in Zimbabwe’s banking system. Photo credit: Linda Mujuru, GPJ Zimbabwe HARARE, ZIMBABWE — Batsirai Mutara started selling cheese and dairy products from a makeshift roadside stand when he was 27.…

1 day ago·Colombia

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The Zimbabwean broke the news in Colombia 1 day ago on Friday, February 21, 2025.

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