DPC doubles compensation fund to US$33m, clears legacy claims
With an estimated US$2,5 billion circulating in the informal sector, the DPC is also seeking to draw unbanked funds into formal channels by reinforcing depositor confidence.
By Blessed Ndlovu
3h ago
Banking sector profits drop in tough first half
Zimbabwe’s banking sector reported a sharp plunge in profits during the first half of 2025, with aggregate earnings falling to ZiG5,0 billion, the Reserve Bank of Zimbabwe (RBZ) said yesterday.
By Mthandazo Nyoni
Aug. 8, 2025
Zim banking sector sound, profitable
According to a banking sector report for the quarter ended December 31, 2022, all banking institutions were profitable during the period under review.
By Mthandazo Nyoni
Apr. 17, 2023
