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September 17
Zimbabwe: Guard Gets Away With U.S.$134k At Gunpoint
Police have launched a manhunt for a 46-year-old security guard who over the weekend held hostage ZB bank Sanyati branch employees before stealing US$134 000 and R33 800 at… Read more »
September 11
Zimbabwe: Nedbank Makes Zig73m Half-Year After-Tax Profit
Nedbank Zimbabwe posted ZiG72,54 million after-tax profit in the half-year period to June 2024, underpinned by significant growth in fees and commissions. Read more »
August 27
Zimbabwe: Time Bank Proposes U.S.$35bn Loan to Govt
Time Bank of Zimbabwe (Time Bank) has proposed to offer a syndicated loan of US$35 billion to the Government for purposes of paying compensation to 10 key groups of people, among… Read more »
August 08
Zimbabwe: Nedbank Zim Records Constant Loans Growth
Nedbank Group says its loan book Zimbabwe has been on a constant growth trajectory largely driven by the US dollar book from which the bank is supporting key productive sectors,… Read more »
July 30
Zimbabwe: Afreximbank Earmarks U.S.$400m for Zim Firms
The African Export-Import Bank (Afreximbank) has earmarked US$400 million for Zimbabwean-based pan-African firms seeking to undertake investments across the continent, a… Read more »
Zimbabwe: The Essential Role of Liability Insurance
Liability insurance is a critical safeguard for small businesses, offering protection against potential financial losses arising from claims of injury, property damage, or… Read more »
July 29
Zimbabwe: U.S.$50m to Boost Interbank Market
THE Reserve Bank of Zimbabwe (RBZ) is set to inject US$50 million into the interbank foreign exchange market to assist banks fund key imports and ease the demand for foreign… Read more »
July 24
Zimbabwe: Zig Acceptance Grows Across Economy - RBZ
The Reserve Bank of Zimbabwe (RBZ) has noted the growing acceptance of the local currency, ZiG, by both businesses and individuals, as the central bank continues its efforts to… Read more »
July 23
Zimbabwe: National Health Insurance Can Bolster Access to Antenatal Care
For any pregnant woman, the rhythmic thump of the baby's movement means everything. Read more »
June 18
Zimbabwe: High Interest Rates Frustrate Tobacco Funding
Stakeholders in the tobacco industry have described local financial institutions' interest rates as prohibitive and impeding Government's efforts to localise funding for the… Read more »
June 17
Zimbabwe: CBZ Secures U.S.$80m Loan From Afreximbank to Support Exporters
CBZ Bank has secured a US$80 million loan facility from the African Export-Import Bank to support trade financing for the country's productive sectors of the economy as well as for… Read more »
June 12
Zimbabwe: Change Booths Will Aid Zig Circulation
New Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu is at least talking to the right people when it comes to the problems of the small change, most of the major kombi… Read more »
Zimbabwe: Zim Seeks Investment Banks to Drive Growth
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has issued a clarion call to investors, urging them to establish an investment bank the… Read more »
Zimbabwe: Retailers Pledge to Address Change Shortages
Retailers yesterday promised to approach banks to get ZiG coins and the small-denomination notes to help resolve the shortage of small change, which has been building up since last… Read more »
June 05
Zimbabwe: RBZ Bosses Sign Integrity Pledges
The Reserve Bank of Zimbabwe's top managers yesterday reinforced their non-tolerance to corruption by signing the Zimbabwe Anti-Corruption Commission (ZACC) Integrity Pledges, in… Read more »
May 15
Zimbabwe: Schools Must Keep Their Money in a Bank
The beginning of each school term sees school fees and levies being paid, and regrettably some schools are still willing to accept cash payments, and that tempts thieves and… Read more »
May 14
Zimbabwe: New Products Drive Fidelity Life Revenue
Fidelity Life Assurance (FLA) insurance contract revenue grew by 243 percent in 2023 to $116,6 billion compared to $34,1 billion in the prior year, driven by uptake of new… Read more »
April 29
Zimbabwe: FCB Eyes Fresh Lines of Credit
First Capital Bank (FCB) says it has engaged the African Development Bank (AfDB) and Trade Development Bank (TDB) for fresh lines of credit after significant drawdowns on previous… Read more »
April 23
Zimbabwe: AFC Insurance Collaborates With Botswana Firm
AFC Insurance is collaborating with Phoenix Insurance Company of Botswana to map out ways of boosting agricultural production in both countrie, a development expected to boost… Read more »
April 01
Zimbabwe: Herentals Bank On Underdog Tag
WinlessESS Herentals College will be hoping to exploit the underdog tag when they face Castle Lager Premier Soccer League leaders, FC Platinum at Rufaro this afternoon. Read more »
March 06
Zimbabwe: Nedbank Challenge Cup Preps On Course
Zimbabwe Rugby Union (ZRU) vice president Martin Shone says preparations for the third edition of the Nedbank Challenge are well on course as they aim to play host to an exciting… Read more »
February 13
Zimbabwe: Ipec Demands Early Settlement of Claims
The Insurance and Pensions Commission (IPEC) has directed all insurance companies to timely settle claims after an increasing number of policyholders sought the Commissioner's… Read more »
January 29
Zimbabwe: Central Bank Auction Boosts Industrial Production
The Confederation of Zimbabwe Industries (CZI) says most businesses that benefited from the Reserve Bank of Zimbabwe (RBZ) auction system have seen improved capacity, product… Read more »
February 03, 2023
Zimbabwe: Reserve Bank Slashes Lending Rates, Increases Forex Retention
The Reserve Bank of Zimbabwe (RBZ) has trimmed its bank policy rate to 150 percent from 200 percent per annum and increased foreign currency retention thresholds for exporters on… Read more »
January 20, 2023
Zimbabwe: Bankers, Analysts Call for Forex Market Liberalisation
The Reserve Bank of Zimbabwe said the country had total foreign exchange payments of US$8,6 billion in the year 2022, but only 3 percent of that money was facilitated through the… Read more »
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