Banking

LONDON (Reuters) – The pound found some solace on Friday after a leading eurosceptic minister pledged support for Britain’s embattled premier Theresa May, who struck a defiant tone despite strong opposition to her Brexit deal. […]

Money changers who had become a permanent feature of street corners and bus termini in town are reportedly becoming rarer. This follows government’s promulgation of new regulations on Monday to deal with illegal trade in foreign […]

HARARE-  President Emmerson Mnangagwa has used temporary powers for a new law that will see illegal currency traders being sentenced to up to ten years in jail, while ill-gotten wealth will be confiscated. Under regulations […]

RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes saying the real cause of problems facing the economy was not the surrogate currency but ballooning electronic balances, which […]

Zimbabwe is currently going through serious shortages of literally everything from bottled water to bread. Queues have become a common feature across the country as Zimbabweans struggle to purchase even the basics. Even after suspending […]

FINANCE Minister Mthuli Ncube is trying to impose top economist Andrew Bvumbe (pictured) as the new Reserve Bank of Zimbabwe (RBZ) governor to replace the incumbent John Mangudya following the expiry of his employment contract […]

PRESIDENT Mnangagwa is clear on the performance of Reserve Bank of Zimbabwe Governor, Dr John Mangudya and is about to renew his contract for a second tenure, Deputy Chief Secretary in the Office of the […]

Zimbabwe Miners Federation (ZMF) in collaboration with MetBank has rolled out an electronic multi-purpose membership card for miners. The electronic card allows miners to avail loans from the bank, reported chronicle.co.zw. Members can access the […]