Banking
RBZ Becomes World’s Most Aggressive Central Bank Raising Key Rate to 200%
HARARE — Zimbabwe’s central bank raised its benchmark interest rate to a record high, one […]
Money and Banking
Banking
Zimbabwe Central Bank Plans Triple-Digit Interest Rate Hike to Tame Inflation
HARARE — Zimbabwe’s central bank plans to more than double the benchmark interest rate — […]
Banking
EU tightens up economic sanctions on Zimbabwe
THE European Union (EU) has blacklisted the Zimbabwean government and public sector from accessing loans […]
Banking
Chamisa pledges to introduce full dollarisation
CITIZENS Coalition for Change (CCC) political party has effectively backed the need for Zimbabwe to […]
Banking
Zimbabwe’s foreign currency generation sustains growth
OVERALL foreign currency performance has registered growth, with deposits recording a 139% increase, in what […]
Banking
WorldRemit closes transfers to Zimbabwe banks
British-based digital payments service, WorldRemit has announced its removal of direct bank transfers to Zimbabwean […]
Banking
Zimbabwe Fines 12 Banks on ‘Financial Indiscipline’
HARARE — Zimbabwe penalized 12 banks for “financial indiscipline” that fueled inflation and undermined the […]
Banking
Mthuli Ncube urges Zimbabweans to use Zim dollar
BULAWAYO – The beleaguered Zimbabwean government says it is on course to achieve a positive […]
Banking
‘Let us de-dollarise now or else we peril’ – Eddie Cross
Yet again, Zimbabwe is on the edge of another crisis period. This is one such […]
Banking
Zimbabwe Central Bank shells out $2.4bn on foreign payments
HARARE – The Reserve Bank of Zimbabwe (RBZ) says total foreign exchange payments for the […]