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...
By Staff reporter | Published: 08 July 2025
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...
By Staff reporter | Published: 21 May 2025
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...
By Staff reporter | Published: 09 May 2025
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...
By Staff reporter | Published: 13 March 2020
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...
By Staff reporter | Published: 18 October 2019
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...
By Staff reporter | Published: 06 October 2019
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...
By Staff reporter | Published: 31 January 2019
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...
By Staff reporter | Published: 30 January 2019
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...
By Staff reporter | Published: 14 September 2018
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...
By Staff reporter | Published: 05 July 2018
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...
By Staff reporter | Published: 13 June 2018
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...
By Staff reporter | Published: 13 June 2018
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...
By Staff reporter | Published: 06 June 2018
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...
By Staff reporter | Published: 26 April 2018
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...
By Staff reporter | Published: 13 April 2018
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...
By Staff reporter | Published: 03 April 2018
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...
By Staff reporter | Published: 15 March 2018
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 ...
By Staff reporter | Published: 20 February 2018
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...
By Staff reporter | Published: 14 February 2018
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...
By Staff reporter | Published: 01 February 2018
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...
By Staff reporter | Published: 16 January 2018
Finance Minister Patrick Chinamasa has said the banking sector deposits has maintained an upward trajectory, increasing by 17.1%, from US$6.51 billion as at end December 2016, to US$7.62 billion as at...
By Staff reporter | Published: 07 December 2017
THE People's Own Savings Bank (POSB) has survived the hard economic conditions in the country and its depositors have risen to 600 000 in the last three years.This was revealed by the bank's public re...
By Staff reporter | Published: 19 September 2017
NON-EXPORTING depositors have no right to demand foreign currency from local banks because they are not generating any, Barclays Bank of Zimbabwe (Barclays) chief executive officer, George Guvamatanga...
By Staff reporter | Published: 07 September 2017
THE country's broad money supply continues to be dominated by short-term deposits, a factor that constrains the local financial services sector's capacity to lend to critical sectors of the economy on...
By Staff reporter | Published: 16 August 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
