Reserve Bank secures $800m in BOP support

In its 2022 annual report released late last month, the central bank said the money includes letters of credit (LCs).
By Mthandazo Nyoni Dec. 1, 2023

Managing NPLs for better asset quality

The dramatic expansion of the banking sector in the late 1990s culminated in the financial sector crisis, leading to the closure of a number of banking institutions.
By Chiedza Chonzi Dec. 1, 2023

Ceteris Paribus: Zimdollar worse off since 2022

The Zimdollar has shed off -88% against the US dollar since the beginning of the year on the willing-buyer willing-seller market
By Tinashe Duma Dec. 1, 2023

Effectively resolving inflation problem

The scarcity of money supply arising from the aforementioned interventions will result in reduced demand for goods and services in the economy.
By Kevin Tutani Dec. 1, 2023

Swimming in debt: The bane of resource-backed loans in Zim

Zimbabwe has failed to manage its public debt efficiently, resulting in a debt default during the early 2000s
By Zvikomborero Sibanda Dec. 1, 2023

Lies, detection and rejection?

Bankman-Fried is in court as I write, having defrauded multiple billions of US dollars from his Ponzi afflicted superrich investors.
By David Harrison Dec. 1, 2023

Dean Sullivan: Brookside actor dies aged 68

Sullivan was best known for his portrayal of Jimmy Corkhill in the Channel 4 soap Brookside between 1986 and 2003.
By Bbc News Nov. 30, 2023

Bankers propose sweeping changes to the tax regime

This comes as Finance Act No 7 of 2021 introduced an obligation for companies to pay their corporate and income taxes according to the currency used.
By Melody Chikono Nov. 29, 2023

China targeted by climate campaigners over controversial East Africa oil pipeline project

The activists said China and Chinese firms should not be a “last resort” for a project with a devastating social and environmental impact on Africa.
By South China Morning Post Nov. 27, 2023