Banking
Why Zimbabwe’s govt stopped banks from lending to businesses, individuals
HARARE – Some companies operating in the agro-business sector in Zimbabwe have stopped offering credit […]
Money and Banking
Banking
Zimbabwean Central Bank launches crackdown foreign currency on ‘errant’ banks
THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) division has directed banks to […]
Banking
New measures to wipe out 50 percent of banks income
Local financial institutions, BancABC and FBC, have lamented that new bank measures put in place […]
Banking
Zimbabwe central bank says bank lending freeze is temporary
HARARE, (Reuters) – Zimbabwe’s freeze on bank lending is a temporary measure which is meant […]
Banking
Zimbabwean ruling party says currency instability now a national security threat
HARARE – Zanu-PF national secretary for security Lovemore Matuke has described Zimbabwe’s fast weakening local […]
Banking
Zimbabwe Central Bank Data Shows Local Currency Devalued 40%
(Bloomberg) — The Zimbabwe dollar’s exchange rate was quoted 40% weaker against the U.S. dollar […]
Banking
Zimbabwe govt suspends bank lending in bid to arrest currency decline
HARARE, (Reuters) – Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect […]
Banking
Economic fundamentals in place as diaspora remittances go up
ECONOMISTS say Zimbabwe has the right fundamentals to consolidate growth spurred by a 29 percent […]
Banking
Mutsvangwa says Chinese investments will stabilise the Zim dollar
ZANU PF spokesperson Christopher Mutsvangwa claims Chinese investments will help stabilise the Zimbabwean dollar and […]
Banking
‘No plans to dump Zim dollar’ – Govt
FINANCE deputy minister Clemence Chiduwa yesterday said the government had no plans to dump the […]
