First National Bank (FNB) has issued a warning over a fraudulent scheme in which criminals are illegally selling South African business accounts to non-residents, particularly in Zimbabwe and Mozambiq...
By Staff reporter | Published: 31 August 2025
The Tsholotsho Rural District Council (RDC) in Matabeleland North has been flagged by the Auditor General (AG) for failing to comply with International Accounting Standards (IAS) in its financial repo...
By Staff reporter | Published: 17 August 2025
WhatsApp has taken down 6.8 million accounts that were "linked to criminal scam centers" targeting people online around that world, its parent company Meta said this week.The account deletions, which ...
By Staff reporter | Published: 07 August 2025
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...
By Staff reporter | Published: 06 August 2025
President Emmerson Mnangagwa has directed government departments and programme coordinators to produce detailed, province-by-province reports on the impact of the Presidential empowerment funds disbur...
By Staff reporter | Published: 31 July 2025
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...
By Staff reporter | Published: 08 July 2025
Frustrated residents across Masvingo province have written to their elected representatives demanding transparency and accountability in the use of Constituency Development Funds (CDF) and ploughback ...
By Staff reporter | Published: 30 June 2025
Zimbabwe's former Minister of Information Communication Technology and opposition Citizens Coalition for Change (CCC) leader Nelson Chamisa has become the latest high-profile political figure to fall...
By Staff reporter | Published: 10 June 2025
The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...
By Staff reporter | Published: 18 October 2019
A total of 124 new accounts were opened on the Central Securities Depository in September, bringing the total number of accounts that have been opened to 26,845. This is against the historical peak of...
By Staff reporter | Published: 17 October 2019
A MAKOKOBA resident was on Monday defrauded of $26 612,97 by suspected cyber criminals after they allegedly hacked his bank account by sending text messages instructing him to punch a code which gave ...
By Staff reporter | Published: 10 October 2019
THE Reserve Bank of Zimbabwe (RBZ)'s decision to tighten regulations on withdrawals of foreign currency by Zimbabweans who earn their salaries in foreign currency faces litigation, while analysts war...
By Staff reporter | Published: 07 October 2019
Zimbabweans employed by exporting companies and earn their salaries in foreign currency will now have their money converted into local currency or only withdraw the forex after getting approval from t...
By Staff reporter | Published: 06 October 2019
OPPOSITION parties have expressed anger over the shambolic accounts at the Agriculture ministry which saw it using $2 billion budget with no supporting documents. This came out this week when the Tend...
By Staff reporter | Published: 11 July 2019
The Zimbabwe Revenue Authority (Zimra) has garnished Walter Magaya's Prophetic Healing and Deliverance (PHD) Ministries accounts for alleged tax arrears amounting to $22 million.According to a Zimra s...
By Staff reporter | Published: 07 February 2019
ACCOUNTANT-General Daniel Muchemwa has been ordered by Parliament to produce and publish government's consolidated financial statements for 2016 and 2017 before year-end.Muchemwa, who on Monday appear...
By Staff reporter | Published: 04 December 2018
THE Thokozani Khupe-led MDC-T has challenged the new government to abide by the Constitution and to be accountable and responsive to speed up the country's economic transformation.MDC-T spokesperson L...
By Staff reporter | Published: 13 September 2018
Zimbabwe's low cost bank accounts have grown by 143 percent to 3,16 million in the first quarter of 2018, according to figures from the Reserve Bank of Zimbabwe (RBZ). The figure represents 57 percent...
By Staff reporter | Published: 25 July 2018
More than 2 500 women have so far opened accounts with the Zimbabwe Women's Microfinance Bank (ZWMB), which was officially opened by President Mnangagwa last week. Briefing journalists on the progress...
By Staff reporter | Published: 07 July 2018
A Fitch Research Company, BMI, sees Zimbabwe's current account deficit of 0,8% of GDP in 2018 rising to 1,8% in 2019 from 0,8% in 2017 amid the international re-engagement efforts of the new administr...
By Staff reporter | Published: 06 July 2018
Zimbabwe's current account deficit will widen by 0,8% by year end on the back of an increased foreign currency supply leading to higher imports, a leading industry and financial market analysis firm B...
By Staff reporter | Published: 02 July 2018
The Zimbabwe Revenue Authority (Zimra) has reportedly pounced on Gweru City Council bank accounts in a bid to garnish hundreds of thousands of dollars in unpaid tax, sources revealed to the Southern E...
By Staff reporter | Published: 29 June 2018
Reserve Bank of Zimbabwe (RBZ) deputy governor, Dr Jesimeni Chipika has said the central bank can no longer account for the bond notes and coins that are in circulation due to massive hoarding of the...
By Staff reporter | Published: 04 June 2018
NEW accounting rules introduced in January this year to force banks to estimate future credit losses are likely to have a significant impact on the country's financial institutions, accountants have n...
By Staff reporter | Published: 10 May 2018
Chartered Accountants have warned of the need to put parameters guarding against Treasury Bills (TBs) losing their intrinsic value.TBs are used by government when borrowing from the domestic market to...
By Staff reporter | Published: 04 May 2018
Top Zimbabwe business executive arrested for fraud 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Zimbabwe Agricultural Show 2025 kicks off 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
