News
Zimbabwe: First Capital Bank Declares 5 Cents Per Share Dividend
Top financial services provider, First Capital Bank Limited Zimbabwe, has declared a 5 cents per share dividend payout which will be paid out ...
Regulatory
Zimbabwe: CBZ Bank Introduces Payday Loans
CBZ Bank has introduced an instant loan facility called Payday loan. The facility is open to CBZ clients and is disbursed within 24 ...
Regulatory
Zimbabwe: You Can Now Buy Forex At Official Rate From Bureaux De Change – RBZ
The Reserve Bank of Zimbabwe has announced that individuals will now be able to buy forex from bureaux de change at the official ...
News
Deutsche Bank Cuts Ties To Zimbabwe’s Standard Bank
DEUTSCHE Bank has cut correspondent banking ties with Standard Bank Group Ltd.’s Zimbabwean unit, dealing a body-blow to one of the few remaining ...
Regulatory
Zimbabwe: RBZ to Clear Auction Backlog in One Month
THE Monetary Policy Committee (MPC) has recommended that the Reserve Bank of Zimbabwe (RBZ) should clear the US$175 million outstanding bids at the ...
News
Zimbabwe: Nedbank Records 108 Percent Income Increase From Digital Platforms
NEDBANK Zimbabwe has recorded a 108% revenue increase attributed to digital platforms amid a record profit after tax which shows the institution’s resilience ...
Regulatory
Zimbabwe: Firms Risk Losing Licences for Abusing RBZ Forex
The government has issued a stern warning to delinquent fuel companies that are abusing foreign currency they obtain from the Reserve Bank of ...
News
Zimbabwe: Ecocash Reviews Charges
EcoCash, Zimbabwe’s largest mobile money platform, will adjust its transactional charges by an average 10 percent next month after obtaining the green-light from ...
Regulatory
Zimbabwe: RBZ Establishes Collateral Registry
THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana to operationalise the collateral registry system by year end, after ...
Regulatory
Zimbabwe: RBZ sets 2016 benchmark for bank notes
THE Financial Intelligence Unit (FIU), a crack investigations arm under the purview of the Reserve Bank of Zimbabwe (RBZ), will move to take ...