Banking
First Capital profits up 168%, secures US$20 million credit lines
LEADING financial services provider, First Capital Bank (FCB) has seen profits soar by 168% in […]
Money and Banking
Banking
Sasai Money Transfer Expands Zero-Fee Remittance Service Across Africa in Partnership with Airtel Money
HARARE – Sasai Money Transfer, a division of Cassava Technologies, has announced a strategic partnership […]
Banking
Zimbabwe Central Bank Issues New Exchange Control Guidelines for 2024
Harare, Zimbabwe – The Reserve Bank of Zimbabwe (RBZ) has released new regulations for authorized […]
Banking
Zimbabwe Central Bank Injected $190 Million Into FX Market Since ZiG’s Adoption
HARARE — Zimbabwe’s central bank has injected $190 million into the foreign-exchange market to meet […]
Banking
Parallel Market Rates Surge Despite RBZ Intervention, Analysts Weigh In
HARARE, Zimbabwe, – The past three weeks have seen a noticeable rise in parallel market […]
Banking
Zimbabwe’s ZiG Currency Gains Public Confidence, Reaches 91% Acceptance Rate
HARARE,– Zimbabwe’s local currency, the ZiG, has seen a remarkable surge in public confidence, with […]
Banking
Industry calls for measured approach to de-dollarisation
Government has to listen to economic actors and analyse trends in the market in order […]
Banking
Zim Fin. Minister says de-dollarisation ‘well underway’
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, reaffirmed the Government’s commitment to […]
Banking
Zimbabwe’s ZiG Currency Holds Steady Amid Economic Turmoil
HARARE – The official Zimbabwe ZiG currency has held quite well this month even as […]
Banking
Zimbabwe Faces Familiar Currency Crisis Five Months After Switch to Gold-Backed ZiG
HARARE – Nearly five months after introducing a new gold-backed currency to curb rampant inflation, […]