THE Common Market for Eastern and Southern Africa (Comesa) Competition Commission is expecting to receive more mergers this year on the back of resurgence in the global economy.
The Reserve Bank of Zimbabwe Credit Registry Bureau will go live this week, as part of Government’s initiative to enhance financial infrastructure for the benefit of borrowers and lenders in the financial sector.
Point-of-sale transactions rose by more than 117 000 in seven days to top 1,2 million in the week ending July 8 2016, raising optimism that consumers are gradually warming up to plastic money as an alternative to cash.
ON July 18 2016, the Deposit Protection Corporation (DPC) announced that the deposit protection cover limit had been increased from $500 to a maximum of $1 000 per depositor per member bank with effect from June 1 2016.
The Deposit Protection Commission says the deposit insurance fund has grown to over $15 million and is sufficient to cover risk of prejudice to small depositors in the event of bank failure.
The second edition of the annual mobile money conference and awards will be held on July 28 at Meikles Hotel in Harare.
Financial planning can be defined as the process of meeting your life goals through the proper management of your finances.
The Deposit Protection Corporation has increased its cover limit by 100 percent from $500.00 to $1,000.00 per depositor per member bank.