FINANCIAL SERVICES

Short-term deposits continue to affect lenders

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
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FINANCIAL SERVICES

DPC warns against unregistered lenders

The Deposit Protection Corporation (DPC) has warned the public against depositing cash with unregistered microfinance institutions, saying they risked losing their money to dubious entities.Over 100 ...

By Staff reporter | Published: 03 August 2017
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FINANCIAL SERVICES

Special vehicle to take over lenders' bad loans

Zimbabwe's central bank is considering establishing a body to take over local lenders' non-performing loans and make it easier for them to attract new capital, its governor said on Monday.Several ban...

By Reuters | Published: 02 July 2014
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BUSINESS NEWS

'Engage lenders,' IMF urges Zim

The International Monetary Fund (IMF) says Zimbabwe must engage its creditors to arrest economic collapse.Following President Robert Mugabe's election victory last year, the economy has regressed with...

By Staff reporter | Published: 31 March 2014
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ZIMBABWE

International lenders wary of Zimbabwe

Expansionary monetary policy is still the order of the day in developed economies as central bankers remain at the forefront of the battle to keep recession at bay.With those markets awash with money,...

By Staff reporter | Published: 29 November 2013
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FINANCIAL SERVICES

Financial service providers gets $11,5 million to boost operations

THE Zimbabwe Microfinance Wholesale Facility Trust (ZMWFT) has disbursed $1.5 million to capacitate the operations of financial service providers that serve micro, small and medium enterprises since...

By Business Reporter | Published: 05 June 2013
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Business Daily Zimbabwe

Latest News

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  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

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