Regulatory
Zimbabwe: RBZ Moves To Clear US$1,7 Billion Forex Backlog
THE Reserve Bank of Zimbabwe (RBZ) is moving to clear a US$1,7 billion foreign currency backlog which has been blamed for retarding progress ...
Innovation
Zimbabwe: CBZ Upgrades Digital Banking Platforms
The country’s biggest bank by deposits and asset base, Commercial Bank of Zimbabwe (CBZ ) has upgraded its digital banking platforms- CBZ Touch ...
Regulatory
Zimbabwe:Securities and Exchange Commission Proposes Inclusion of VASPs in Its Securities Law
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a ...
Zimbabwe
Zimbabwe: Mangudya Plays Down Forex Crisis
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has down-played fears of an industrial bloodbath in the aftermath of government’s move two weeks ...
Zimbabwe
Zimbabwe- RBZ Auction Allots U.S.$32.9m to Boost Industrial Production
Reserve Bank of Zimbabwe (RBZ) foreign exchange auction allotted US$32.9 million with a bias towards boosting economic industrial productivity. A trading update released ...
Zimbabwe
Zimbabwe- First Capital Bank’s U.S.$ Deposits Surge to $3.7b
Leading financial services provider, First Capital Bank’s (FCB) sound management practices coupled with the obtaining exchange rate stability has prompted its foreign currency ...
Zimbabwe
Zimbabwe: Domestic Resource Mobilisation Key for Zimbabwe – AfDB
Boosting domestic resource mobilisation is critical for Zimbabwe’s economy going forward as external financing for the country is likely to remain clogged, the ...
Zimbabwe
Zimbabwe: Mobile Money Transactions Drop 23 Percent
The total number of mobile money transactions processed in 2020 went down by 23 percent to record $1,5 billion from $1,96 billion recorded ...
Zimbabwe
Zimbabwe agri-tech startup wins $100k grant funding from Hult Prize
Zimbabwean agri-tech startup, Farmhut has secured US$100,000 in grant funding after being selected as one of the winners of the annual Hult Prize ...
Zimbabwe
Zimbabwe-CBZ Voted Best Bank in Zim By Global Finance Magazine
CBZ Bank has been voted Zimbabwe’s best performing bank by the respected US-based Global Finance Magazine at the institution’s 28th annual awards for ...