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 ...
Africa
Econet Zimbabwe extends mobile data market share
Telecoms operator Econet Zimbabwe has increased its mobile data market share and consolidated its position as the major digital service provider in the ...
News
Zimbabwe: Switch of Bank Accounts to Zim Dollars Valid, Supreme Court Rules
Sums in accounts denominated in US dollars were legally converted to sums denominated in Zimbabwe dollars in terms of a Reserve Bank of ...
Zimbabwe
Zimbabwe launches dollar-denominated stock exchange
Zimbabwe has launched a second stock exchange to trade solely in foreign currency, state media reported Saturday, in a move aimed at luring ...
Zimbabwe
Mobile operators in Zimbabwe had over “500% losses” due to currency crisis
The Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) released the abridged sector performance report for Q2 2020. The effects of the COVID-19 pandemic were ...