Banks call for policy consistency
He added that the effectiveness of fiscal and monetary policies on the banking sector hinged on their coherence and consistency.
By Melody Chikono
Mar. 17, 2024
Bank deposits transitory: Baz
Research has shown that depositors prefer banking their monies inside their homes which some have coined as the “Mattress Bank of Zimbabwe.”
By Blessed Ndlovu
Dec. 7, 2023
Bankers propose sweeping changes to the tax regime
This comes as Finance Act No 7 of 2021 introduced an obligation for companies to pay their corporate and income taxes according to the currency used.
By Melody Chikono
Nov. 29, 2023
Banks race to curb surge in card cloning
Statistics from the Reserve Bank of Zimbabwe (RBZ) point to a daily average of nearly ZW$50 billion being transacted through point-of-sale machines where bank cards are mostly used.
By Belinda Chiroodza
Nov. 24, 2023
BancABC beefs up its cybersecurity
This comes as the Bankers Association of Zimbabwe has bemoaned the increase in bank fraud.
By Blessed Ndlovu
Nov. 24, 2023
Bankers blame bank charges on plethora of costs
In emailed responses to NewsDay Business, Baz chief executive officer Fanwell Mutogo said banks, like any other industry, incurred costs when providing a service to their clients.
By Blessed Ndlovu
Nov. 7, 2023
Global markets reject govt loan guarantees
Zimbabwe’s debt has spiralled from US$600 million in 1980, following protracted defaults.
By Shame Makoshori
Sep. 22, 2023
High country risk gives banks, firms headache
This, Rukarwa said, was in the backdrop of policy uncertainties, especially around sustainability of the dual currency system.
By Melody Chikono
Sep. 8, 2023
Zim must address high sovereign risk
This is not a good sign. The reason for this rejection is simple.
By The Zimbabwe Independent
Sep. 8, 2023
Mazowe Dam owners in for hefty windfall
Local News
By Tinashe Kairiza and Julia Ndlela
Mar. 15, 2024