Population: 2,150,000
Harare
WeatherTransportationThings To DoMore...
More Topics...

Banking and Finance in Harare: What do you need to know?

11 local experts
Share
Share

From retail banking to investing, here's what 11 local experts had to say about finance in Harare.

Leave a comment

Harare is the capital city of Zimbabwe. Public transport is quite a challenge. Driving into town in the morning around 8am and leaving town in the peak hours is a nightmare. The people are super friendly and always helpful to outsiders. Be wary of pickpockets and criminals. Banks do not always offer services for foreigners so check with your bank in your country before leaving. Avoid street money deals, they are illegal. Car hire is reasonable and fuel is readily available at most places. Buy water if you can for drinking. Parking in the city is expensive but pay to avoid being clamped or towed away. A lovely and generally safe city to live in as there are lots of fun places to go to, nice coffee shops and restaurants.

– How to work the currency system as this country uses multiple currencies.
– the tap water is not safe for drinking. The best thing to do is rent a house or an apartment that comes with a borehole.
– the public transport system is difficult to navigate.
– if you choose to rent/ buy a car, you will need to grapple with the problem of finding fuel and joining long queues for it.

Tendai, says: 2020

Harare is the capital city of Zimbabwe. It was formerly known as Salisbury before 1980 and has earned the nickname sunshine city due to its favorable hot weather. It has an estimated population of about two million people. The largest building in the city is called the Reserve Bank which is the home of the Zimbabwe Central Bank.

Gloria, says: 2020

One needs to be understanding of daily fluctuations in the exchange rates as this affects their buying and selling. They are to be emotionally and psychologically since being in my city does not require a degree to be successful but requires one to think outside the box to make ends meet. If one is planning on just visiting then I am disappointed to say that there is not much to see. Overall it’s filled with intelligent, kind and prayerful people.

Koshesayi, says: 2020

Be aware of the daily interbank and parallel market rates of the local currency. The ability to hold a conversation with a random stranger is something to be anticipated and even enjoyed by anyone seriously moving to Harare. always be ready to become a politics major, unofficially of course.

Tendai, says: 2020

Harare is a beautiful city filled with people trying to make ends meet by making money through selling and investing in a number of businesses. It has a Central Business District for businesses, it has a number of clubs for leisure and other departments also fit in depending on what you find interesting.

Rumbidzai, says: 2020

Harare is a sunshine city whose residents are welcoming and very friendly to visitors. One of the most outstanding features in Harare is the official residence of the Head of state which is called state house. There are banks in Harare. Commerce and trade thrive in Harare. There are also schools for higher learning in Harare.

Living in my city requires patience and a long-suffering mentality. If you are adaptable you may be able to cope, because our economy is not favorable to foreigners. Most do not understand how our currency works. Employment is impossible, regardless of your education and the earning potential is very low.

Nyasha, says: 2020

our City is still on an upward trajectory, which can be considered a positive for one who is interested in investing. My city is filled with fun loving people which means you could be part of one big happy family. The most important part is that we respect all ethnicities and we strongly shan all forms of racism.

The names of the streets in the city are named after African Presidents. For example, Nelson Mandela and Kwame Nkrumah. The longest street in the city is Samora Machel Avenue. That is where the Central Business District is located. A variety of Banks are mainly on this street. You can also find a Food Court on every corner of the city.

Moreblessings, says: 2020

Someone moving to Harare needs to know we use buses for transportation rather than private vehicles. The city is usually congested in the morning and in the evening, therefore, they must arrive during the mid-day to avoid being caught up in traffic congestion. He/she must also avoid using pirate taxis as these are usually associated with thieves. Finally, they must carry some bit of cash as most banks do not give cash anymore.

Tadiwa, says: 2020
WeatherTransportationThings To DoMore...
More Harare Topics...

Comments are closed.

Names of respondents may have been changed.

Share
Share