News
Zimbabwe: RBZ Freezes Companies’ Bank Accounts for Money Laundering
THE Reserve Bank of Zimbabwe (RBZ) Financial Intelligence Unit (FIU) has ordered the freezing of bank accounts for four companies after detecting money ...
News
Zimbabwe: Econet scales up dominance with 5G
ZIMBABWE’S biggest mobile telecomnunications firm, Econet Wireless yesterday launched the country’s first high-speed Fifth Generation (5G) mobile broadband technology, moving the domestic market ...
News
Zimbabwe: Mangudya Defends Measly Withdrawal Limit
RESERVE Bank of Zimbabwe governor John Mangudya defended bank withdrawal limits announced on Monday last week, saying while there has been a groundswell ...
News
Zimbabwe: Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling ...
News
Zimbabwe: Zimbabwe’s central bank rules out return to US dollar
Zimbabwe’s central bank has ruled out a return to using the US dollar as official currency because there’s not enough greenbacks in the ...
Zimbabwe
Zimbabwe: CBZ Gets Approval to Buy Fml Stake
CBZ Holdings Limited (CBZHL) is set to complete the acquisition of a 31,22 percent stake in First Mutual Holdings (FMHL) following approval of ...
Zimbabwe
Zimbabwe: CBZ Moves to Amalgamate Banking Units
Listed financial services group’s subsidiaries, CBZ Building Society and CBZ Bank Limited have approached government seeking permission to amalgamate the two units. In ...
Zimbabwe
Zimbabwe: RBZ Auction Rejects 424 Suspicious Bids
Latest statistics released by the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction shows that a total 424 suspicious bids were rejected as ...
Zimbabwe
Zimbabwe: RBZ rules out interbank rate
The Reserve Bank of Zimbabwe (RBZ) has ruled out using an interbank-driven exchange rate, saying a rate determined at the foreign currency auction ...
Zimbabwe
Zimbabwe: RBZ, Industry Captains Commit to Ending Zimdollar Volatility
The Reserve Bank of Zimbabwe (RBZ) held a crisis meeting with captains of industry on Monday at which they pledged to a commitment ...