Southern Africa-focused miner Kavango Resources has announced a major gold discovery at its Hillside Gold Project in Bulawayo, describing it as a breakthrough that could transform the company's opera...
Zimbabwe Gold (ZiG) has seen its loans-to-deposit ratio (LDR) climb from 30 percent at its launch in April 2024 to 46 percent, the Reserve Bank of Zimbabwe (RBZ) reported, signalling growing adoption...
The Binga Local Board has announced plans to repossess more than 100 undeveloped residential and commercial stands from owners who have failed to develop them over the past six years.In a notice, Bin...
ZANU PF Legal Affairs Secretary Patrick Chinamasa has reignited political debate after reposting a once-deleted tweet declaring businessman Kudakwashe Tagwirei's controversial appointment to the party...
British mining firm Kavango Resources Plc has reported a major breakthrough in its exploration campaign at the Bill's Luck Gold Mine in southern Zimbabwe, revealing a high-grade gold intercept of 11.7...
The Municipality of Redcliff has begun issuing letters to residents who have defaulted on payments for their allocated stands, signaling the start of a major repossession initiative aimed at recoverin...
The Ministry of Mines and Mining Development is intensifying its review of Exclusive Prospecting Orders (EPOs) as part of a broader effort to eliminate speculative land holding and unlock Zimbabwe's v...
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...
THE Government has started implementing the "use it or lose it" policy, which will see thousands of individuals or companies having their mining rights taken away for holding onto them for speculative...
Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international mining companie...
Commercial banks deposits rose by 25% to $8 billion in the first 10 months of last year, data from the central bank has shown.According to the Reserve Bank of Zimbabwe (RBZ)'s monthly review of Octobe...
NEDBANK Zimbabwe is one of the country's top banks with an impressive cost of funds ratio of less than 1%, which reflects a high level of confidence in attracting deposits.The bank rebranded from MBCA...
BANKERS Association of Zimbabwe (BAZ) vice-president Benefit Washaya says banks were still to decide whether they should continue importing cash to distribute to the depositors considering that the mo...
RICH diamond deposits have been discovered in Marondera West, with government saying it would only start mining operations after crafting a new diamond law in August.President Emmerson Mnangagwa confi...
Government has started exploration of limestone deposits in Zvishavane which have the potential to generate millions of dollars for the country.Mines and Mining Development Minister Winston Chitando s...
THE Ministry of Mines and Mining Development has started exploration of limestone deposits on the outskirts of Zvishavane, which have the potential to generate millions of dollars in revenue for the c...
Atlas Mara Zimbabwean unit, BancABC, has reported more than $50 million in deposit capture in the southern African country for the year ended December 31, 2017 on the back of a strong agency banking p...
The Reserve Bank of Zimbabwe (RBZ) has frozen a US$1 million deposit held by a local bank amid suspicions it could be proceeds from an illegal gold deal involving 27 kilogrammes of bullion exported by...
STANBIC Bank Zimbabwe has exceeded $1 billion deposits in the financial year ended December 31, 2017.The bank's customers are, however, struggling to settle foreign payments as a result of foreign cur...
Harare City Council (HCC) is set to repossess residential stands issued to cooperatives and housing assistance pay schemes, which are failing to pay for the allocated land.The stands were alloca...
Government will repossess Wakefield Farm in Headlands, which former Zanu-PF national secretary for youth affairs Mr Kudzanai Chipanga allegedly dubiously acquired after the land was earmarked for the ...
A total of 11,744 out of 54,909 depositors of six collapsed banks have each been compensated up to $500 from the Deposit Protection Fund.Official data seen by the ZBC News today indicate the depositor...
STANDARD Chartered Bank has riled its depositors after taking long to integrate its system with Ecocash, to enable them to transact with others who do not have formal bank accounts.Ecocash is Econet W...
The number of people making bank deposits has increased significantly in the past three weeks, President Emmerson Mnangagwa has said.The Head of State and Government said a banking culture is importan...
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