News Zimbabwe Banks: Zimbabwe needs long-term currency fix, says analysts
The erosion of the Zimbabwe dollar’s buying power has been a highlight of the country’s economic crisis. And authorities have been battling to defend the currency through various prescriptions ...
News Zimbabwe Banks: Zimbabwean Central Bank explores digital currency
THE Reserve Bank of Zimbabwe (RBZ) says it is moving ahead with plans to create Zimbabwe’s own Central Bank Digital Currency (CBDC) on a phased approach. RBZ Governor Dr John Mangudya said the bank’s ...
News Zimbabwe Banks: Mnangagwa says Zimbabwe banks have gone rogue
PRESIDENT Emmerson Mnangagwa says most of Zimbabwe's banks have gone "rogue" and are operating in contravention of the country's laws.Writing in his column in T...
News Zimbabwe Banks: Zimbabwe Commends EU for Lifting Sanctions Imposed on Chiwenga, Grace Mugabe And Army Commander
The Zimbabwean government has commended the European Union (EU) for removing restrictive measures against the country, vice president, army commander and former first lady Reacting to the removal of the targeted sanctions imposed by the EU on Constantino Chiwenga, army chief Valarie Sibanda...
News Zimbabwe Banks: Zimbabwe exports to Dubai jump to US$1.4 billion
ZIMBABWE has registered remarkable growth in exports to Dubai, a key province in the United Arab Emirates (UAE), to clock US$1.4 billion in 2020 earnings from just above US$200 million in 2015 to ...
News Zimbabwe Banks: Zimbabwean economists cautions Central Bank on cash limits
In his recent monetary policy statement, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya also urged consumers to embrace the local currency. Mangudya, who ruled out a return to dollarisation, ...
News Zimbabwe Banks: Zimbabwe: Ipec, World Bank Partner to Insure Smallholder Farmers
The International Finance Corporation (IFC), a World Bank Group member, has partnered the local insurance industry to create tailor-made insurance products for smaller-holder farmers to protect them from the vagaries of climate-induced losses.
News Zimbabwe Banks: Credit Suisse Banked And Financed Zimbabwean Fraudster In Deal That Saved Mugabe
Details from the Suisse Secrets leak cast new light on Credit Suisse’s role in a controversial platinum mine sale that helped finance a wave of violence around Zimbabwe’s 2008 election. The bank he...
News Zimbabwe Banks: Suisse Secrets: Bank financed Zimbabwean fraudster in Deal that saved Mugabe
and kept Zimbabwe on the road to an economic disaster from which it is yet to recover. Now, leaked data from Swiss banking giant Credit Suisse has shed new light on the role the bank played in the ...
News Zimbabwe Banks: Zimbabwe: RBZ Auction Rejects 424 Suspicious Bids
Foreign Exchange Auction shows that a total 424 suspicious bids were rejected as the authority has moved a step up to improve efficiency.
News Zimbabwe Banks: Zimbabwe: Ariston Banks On New Shareholder for Growth
Ariston Holdings says the new foreign shareholder in the group will provide financial leeway for the company to expand and grow sales in the export markets.