News
Financial planning can be defined as the process of meeting your life goals through the proper management of your finances.
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 Corporation has increased its cover limit by 100 percent from $500.00 to $1,000.00 per depositor per member bank.
THE second edition of the annual Mobile Money Conference and Awards is set to be held in Harare on July 28.
Reserve Bank of Zimbabwe (RBZ) says banks should use their discretion and the availability of cash in dispensing the soon to be introduced bond notes to depositors.
The Securities and Exchange Commission of Zimbabwe says the Investor Protection Fund, at current levels, is sufficient to cover any risks to investors on the Zimbabwe Stock Exchange.
The annual rate of inflation for the month of June stood at minus 1, 37 percent, gaining 0, 33 percent points on the May rate of minus 1, 69 percent.
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.
A BILL that will allow individuals to use movable assets as collateral in securing loans from financial institutions is now at the Attorney General’s Office, a senior central bank official has said.