The Reserve Bank of Zimbabwe (RBZ) is developing specific rules to regulate the use of artificial intelligence (AI) within the country's financial institutions, signaling a major step toward modernizi...
By Staff reporter | Published: 19 August 2025
Nedbank Group has sold its 21.2% stake in Ecobank Transnational for US$100 million to Bosquet Investments, an investment vehicle of former Ecobank chairman Alain Nkontchou.The South African lender, wh...
By Staff reporter | Published: 19 August 2025
The Reserve Bank of Zimbabwe (RBZ) has informed the public of a technical issue currently affecting its network, which may lead to delays in various banking services.In a notice issued on 18 August 20...
By Staff reporter | Published: 19 August 2025
The Reserve Bank of Zimbabwe (RBZ) has stepped up efforts to promote financial literacy in rural and marginalised communities, directing all banks and microfinance institutions to submit quarterly up...
By Staff reporter | Published: 18 August 2025
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent l...
By Staff reporter | Published: 16 August 2025
China sanctioned a pair of banks in the EU, fulfilling a promise to retaliate after the bloc targeted some Chinese lenders over Russia's invasion of Ukraine.China included UAB Urbo Bankas and AB Mano ...
By Staff reporter | Published: 13 August 2025
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...
By Staff reporter | Published: 13 August 2025
Former uMkhonto weSizwe (MK) Party leader Jabulani Khumalo has launched an urgent Constitutional Court application seeking to reclaim the party's top leadership position from former President Jacob Zu...
By Staff reporter | Published: 12 August 2025
South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that if it holds at current levels its forecasts predict lo...
By Staff reporter | Published: 08 August 2025
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...
By Staff reporter | Published: 08 August 2025
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...
By Staff reporter | Published: 05 August 2025
A senior official at FBC Bank, Rena Kunonga Sambaza, is currently embroiled in a legal dispute involving allegations of fraud related to the acquisition and subsequent exchange of a residential stand...
By Staff reporter | Published: 31 July 2025
Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...
By Staff reporter | Published: 24 July 2025
Prominent Zimbabwean banker, academic and former Anglican bishop Dr Julius Tawona Makoni has lost ownership of his upscale Chisipite property in Harare following a long-running legal battle with his e...
By Staff reporter | Published: 23 July 2025
Police have announced the arrest of a third suspect linked to the high-profile $4 million bank robbery that took place in Bulawayo last October, marking a significant breakthrough in the investigation...
By Staff reporter | Published: 18 July 2025
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...
By Staff reporter | Published: 10 July 2025
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...
By Staff reporter | Published: 08 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
Police have made a breakthrough in Zimbabwe's largest-ever cash heist, arresting a suspect linked to the dramatic US$4 million robbery at an Ecobank branch in central Bulawayo last year.Bulawayo polic...
By Staff reporter | Published: 04 July 2025
ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...
By Staff reporter | Published: 04 July 2025
Zimbabwean business leaders and economic policy figures who attended the recent African Export-Import Bank (Afreximbank) Annual Meetings in Abuja, Nigeria, say the event yielded significant benefits i...
By Staff reporter | Published: 02 July 2025
Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...
By Staff reporter | Published: 01 July 2025
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...
By Staff reporter | Published: 30 June 2025
Shareholders of the African Export-Import Bank (Afreximbank) have appointed George Elombi as the new President and Chairman of the Board of Directors of the continental financial institution, marking ...
By Staff reporter | Published: 28 June 2025
What was initially reported as a major armed robbery in Mt Darwin, in which US$700,000 and 2.4 kilogrammes of gold were allegedly stolen, is now being treated as an attempted robbery, the Zimbabwe Rep...
By Staff reporter | Published: 27 June 2025
Ian Khama joins Zimbabwe CIO linked group 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE pushes for another equities tax cut to boost selloffs 
AfDB projects 6% economic growth for Zimbabwe 
Ken Sharpe blasts incompetent Harare council 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
