News
LOCAL banks have embarked on an aggressive acquisition of point of sale (POS) machines in a move that is expected to augment efforts by the central bank to promote the use of plastic money.
Teams from the World Bank and the African Development Bank (AfDB) are in Zimbabwe on the country’s arrears clearance plan and strategy paper.
Zimbabwe has received $20 million grant from the World Bank to finance the Public Financial Management Enhancement Project meant to improve transparency and accountability in Government finances.
THE Reserve Bank of Zimbabwe (RBZ) says plans to improve export procedures and ease of doing business through integration of automated system for customs data (Asycuda) and computerised export payment exchange control system (Cepecs) are at an adv
THE Deposit Protection Corporation (DPC) has so far paid over $3 million to 11 300 depositors of six banks that were closed since 2012, an official has said.
Zimbabwean financial institution FBC Holdings has identified electronic services as an area that it will continue to push as challenges continue to affect the local financial services sector.
Former World Bank country manager for Zimbabwe Dr Nginya Lenneiye Munga says trust in bankers remains a key ingredient of good banking and confidence in the banking system.
The planned introduction of bond notes, expected before the end of the year, will improve business transactions and help ease cash shortages Zimbabwe is currently facing, a new survey has shown.
THE Reserve Bank of Zimbabwe (RBZ) has introduced Consumer Protection Prudential Standards to provide minimum guidelines for consumer protection.
THE Reserve Bank of Zimbabwe has imported US$240 million in cash since March as it moves to address the cash shortages plaguing the local market.