Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...
Bureaux de Change are not allowed to transact with corporates or enter into twining arrangements with customers to prefund foreign currency purchases, according to a directive from the Reserve Bank of...
Government, through the Reserve Bank of Zimbabwe (RBZ), has moved to refine the operations of bureaux de changes to align their foreign currency exchange rate with that of the official interbank marke...
THE Reserve Bank of Zimbabwe (RBZ) has scrapped the US$10 000 daily trading limit for bureaux de change and the 2,5 percent maximum profit margin for banks, in a bid to make the interbank forex market...
THE proposed Insurance Crime Bureau in Zimbabwe must have the power to speedily prosecute cases brought before it because insurance fraud has been on the rise due to economic decay, analysts have said...
RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya, last week revealed that the Credit Reference Bureau (CRB) has now captured information on about 97 percent of all loans, a move expected to impr...
BUREAU Veritas, a global standards firm contracted by the Government to carry out consignment based assessment of imports, has rejected $182 million worth of sub-standard goods destined for Zimbabwe s...
More than 97 percent of loans in the banking sector have been registered with the RBZ's credit registry which went live in May, helping create a database that will enable subscribers to prudently ext...
The Reserve Bank of Zimbabwe (RBZ) has revised downwards registration fees for bureaux de change operators to enhance the ease of doing business and foster financial inclusion.Concerned with the limit...
The Reserve Bank of Zimbabwe has been urged to expedite the setting up of the Credit Reference Bureau which will help enhance credit risk management given the increase in non-performing loans.The Cred...
In a modern economy, economies are usually run on credit with corporates, individual, societies and clubs providing credit to one another. A cycle of credit is thus created in an economy where e...
Plagued by high non-performing loan and debtors books, banks and retailers are pushing for the creation of a credit bureau, businessdigest reported.This comes as it emerged banks and retailers are con...
TRUWORTHS Zimbabwe says the absence of a credit bureau in Zimbabwe was hampering efforts to reign-in bad debtors.Speaking at the presentation of the company's financial results for the interim period...