Zimbabwe: Zimbabwe Formally Applies to Join Asian Infrastructure Investment Bank

ZIMBABWE has formally applied to join the Asian Infrastructure Investment Bank (AIIB), the country's Ministry of Finance, Economic Development and Investment Promotion said in a… Read more »

Zimbabwe: RBZ Governor 'Irregular' Washington Affidavit Results in Central Bank's Loss in U.S.$7 Million Gold Dispute

The High Court has criticised the conduct of Reserve Bank of Zimbabwe (RBZ) governor, John Mushayavanhu and his legal team, describing their handling of court papers as… Read more »

Zimbabwe: Diaspora Insurance Appoints Ugandan Musician Queen Sheebah As Brand Ambassador

Sheebah Karungi will be responsible for assisting with the visibility of Diaspora Insurance among Africans living in respective foreign countries. Read more »

Zimbabwe: RBZ Shelves Plans to Withhold 10% Forex Earnings From Small Scale Miners

THE Reserve Bank of Zimbabwe (RBZ) has temporarily halted earlier plans to withhold 10% foreign currency from small scale gold miners. Read more »

Zimbabwe: RBZ Governor Says Still Early Days to Reduce 35% Interest Rate

THE Reserve Bank of Zimbabwe (RBZ) has defended its position of maintaining the Bank Policy Rate at 35% arguing that it is still early days to shift it downwards. Read more »

Zimbabwe: Nmbz Draws Down Afreximbank's U.S.$50 Million Loan Facility

NMBZ Bank has begun drawing down Afreximbank's US$50 million loan facility, with the mining and construction sectors emerging as the biggest beneficiaries after absorbing 50% of… Read more »

Zimbabwe: Diaspora Insurance Launches 2025 Charity Campaign

//diasporainsurance.com/">Diaspora Insurance has launched its 2025 Charity Campaign, a major initiative aimed at supporting underprivileged communities across Africa. Read more »

Zimbabwe: Man Blows Money Mistakenly Deposited Into His Bank Accounts

A RUSAPE man has appeared in court for squandering money mistakenly deposited into his bank account. Read more »

Zimbabwe: CZI Says RBZ On Track to Meet 2025 Inflation Target

The Confederation of Zimbabwe Industries (CZI) says the annual inflation target set by the Reserve Bank of Zimbabwe (RBZ) remains within reach, citing consistency in the… Read more »

Zimbabwe: Insurance Fraud Undermines Policyholders' Trust and Integrity of Sector

THE scourge of insurance fraud poses a serious threat to the economy by undermining trust in financial services institutions, affecting genuine policyholders, the courts have said. Read more »

Zimbabwe: FNB Warns of Cross-Border Scam Involving Fake Business Accounts Sold to Non-Residents, Including Zimbabweans

FIRST National Bank (FNB) has issued a warning about a scam in which criminals are illegally selling South African business accounts to non-residents, mainly in Zimbabwe and… Read more »

Zimbabwe: Central Bank's Financial Intelligence Unit Officials Arrested Over U.S.$2,500 Extortion

Two officials from the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have been arrested on allegations of extorting US$2,500 from a Bulawayo businessman, promising… Read more »

Zimbabwe: Fidelity Insurance Contract Revenue Up 45 Percent

Fidelity Life Assurance has seen insurance contract revenue growing by 45% compared to the prior year, signifying the group's resilience. Read more »