Archive | Banks & Banking

Zimbabwe banking crisis

ZIMBABWEAN companies face increasing problems in making international payments and getting their hands on foreign currency. This is owing to the termination of correspondent-bank arrangements by international finance institutions, including […]

RBZ bows to pressure over bank charges

THE Reserve Bank of Zimbabwe (RBZ) this week slashed tariffs for electronic transactions and account administration, bowing to mounting pressure from the banking public which has suffered usurious transaction charges […]

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