What is Dirty Money?

Many people encounter discussions about money that originates from criminal activities. Dirty money refers to cash gained through illegal means. This type of money can appear in many corners of society. It is sometimes used to support harmful operations that damage communities. In certain regions, it is also known as black money. Authorities around the…

ZESA Holdings and ZETDC in Zimbabwe

ZESA Holdings and ZETDC play different roles in Zimbabwe’s electricity sector. ZESA Holdings operates as the state-owned company overseeing the entire electricity supply industry. It ensures that power generation, transmission, and distribution occur through its subsidiaries. ZETDC functions under ZESA Holdings, focusing on the transmission and distribution of electricity to consumers. This arrangement allows ZESA…

What is a Dirty Float?

A dirty float represents a monetary policy approach in which central banks or monetary authorities intervene in foreign exchange markets yet refrain from adjusting the domestic money supply to counterbalance these interventions. This practice differs from fixed exchange rate systems and clean floating regimes. Central banks engage in dirty float operations when they wish to…

What is Ramadan?

Ramadan is a holy month for Muslims around the world. It is the ninth month of the Islamic calendar. During Ramadan, Muslims do not eat or drink from sunrise to sunset each day, a practice called fasting. This is a time when Muslims pray more, read the Quran, help others, and spend time with family….