The Institute of Bankers of Zimbabwe (IOBZ) has secured international accreditation for its Banker's Diploma from the United Kingdom's Chartered Banker Institute, marking a major milestone for the co...
By Staff reporter | Published: 18 hours ago
Bulawayo City Council has suffered significant financial losses after investing in Tetrad Investment Bank, which was shut down by the Reserve Bank of Zimbabwe two years ago, according to a recent parl...
By Staff reporter | Published: 26 September 2025
The Zimbabwe Women's Microfinance Bank (ZWMB) has joined hands with Government to facilitate access to tractors under the Belarus mechanisation scheme, in a move aimed at advancing agricultural produc...
By Staff reporter | Published: 17 September 2025
Zimbabwe's power utility, Zesa Holdings, has secured a US$210 million financing facility from Afreximbank, aimed at strengthening the country's electricity infrastructure and importing additional powe...
By Staff reporter | Published: 10 September 2025
Standard Bank, Africa's largest bank with subsidiaries across 26 countries including Zimbabwe under the Stanbic Bank brand, has appointed David Hodnett as its new Group Chief Executive.Hodnett, curren...
By Staff reporter | Published: 09 September 2025
Zimbabwe has emerged as one of the top five borrowers from the African Export-Import Bank (Afreximbank), highlighting its growing reliance on the regional lender at a time when global credit assessor...
By Staff reporter | Published: 08 September 2025
THE Reserve Bank of Zimbabwe (RBZ) has embarked on a fresh nationwide survey to assess confidence in the Zimbabwe Gold (ZiG) currency, more than a year after it was introduced as the country's sole le...
By Staff reporter | Published: 02 September 2025
High bank charges imposed by local financial institutions are choking financial inclusion in Zimbabwe and running contrary to best practices across the region, a new National Economic Consultative For...
By Staff reporter | Published: 29 August 2025
Zimbabwe's banks are facing criticism from both depositors and the Reserve Bank of Zimbabwe (RBZ) over the imposition of high fees and charges, which are increasingly seen as exploitative.RBZ Deputy G...
By Staff reporter | Published: 28 August 2025
The Reserve Bank of Zimbabwe (RBZ) has commenced production of redesigned ZiG banknotes, set to enter circulation soon as part of the central bank's de-dollarisation roadmap, which targets a transitio...
By Staff reporter | Published: 26 August 2025
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...
By Staff reporter | Published: 22 August 2025
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
Mutodi apologises to Guvamatanga 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
