News

7 July 2016

A CREDIT Reference Bureau (CRB) created by the Reserve Bank of Zimbabwe (RBZ) is expected to start running by the end of the third quarter of this year, a top executive involved in the process said last week.

7 July 2016

THE volumes of point of sale (POS) monetary transactions grew by 17% to 913 917 in the week ending June 24 from the previous week, as the cash shortages spur plastic money transactions, latest statistics from the central bank have shown.

7 July 2016

LONDON (Reuters) – Zimbabwe hopes to get its proposal to clear debt arrears with multilateral lenders signed off by December, enabling it to start talks with bilateral sovereign lenders, Finance Minister Patrick Chinamasa said on Monday.

7 July 2016

Understanding the needs of youth and then determining the role that finance can play in fulfilling those needs is important.

5 July 2016

JOHANNESBURG – The rand firmed in early trade on Monday as it continued its recovery from a Brexit-triggered slump, but traders remained wary before a slew of local and global economic data later in the week.

5 July 2016

HARARE – BancABC Zimbabwe parent company, Atlas Mara, said it has acquired the Finance Bank of Zambia (FBZ) for $61 million.

4 July 2016

THE National Social Security Authority (NSSA) expects positive returns from its investment in FBC Holdings and to deliver value to the economy, especially on the housing stock, the authority has said.

4 July 2016

The African Development Bank (AfDB) has launched an interactive online tool which will provide updates on various projects that it is implementing across the continent.

28 June 2016

THE Reserve Bank of Zimbabwe (RBZ) has crafted draft guidelines to regulate Deposit-Taking Microfinance Institutions (DTMFI) and invited stakeholders to input into the document before its adoption.

27 June 2016

THE adoption of bond notes will assist Zimbabwe to double its export earnings to $6 billion per year from around $3 billion thereby narrowing the trade deficit through increased domestic production, a Cabinet Minister has said.

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