Bank deposits transitory: Baz

Research has shown that depositors prefer banking their monies inside their homes which some have coined as the “Mattress Bank of Zimbabwe.”
By Blessed Ndlovu Dec. 7, 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

Banks race to curb surge in card cloning

Statistics from the Reserve Bank of Zimbabwe (RBZ) point to a daily average of nearly ZW$50 billion being transacted through point-of-sale machines where bank cards are mostly used.
By Belinda Chiroodza Nov. 24, 2023

BancABC beefs up its cybersecurity

This comes as the Bankers Association of Zimbabwe has bemoaned the increase in bank fraud.
By Blessed Ndlovu Nov. 24, 2023

Bankers blame bank charges on plethora of costs

In emailed responses to NewsDay Business, Baz chief executive officer Fanwell Mutogo said banks, like any other industry, incurred costs when providing a service to their clients.
By Blessed Ndlovu Nov. 7, 2023

Global markets reject govt loan guarantees

Zimbabwe’s debt has spiralled from US$600 million in 1980, following protracted defaults.
By Shame Makoshori Sep. 22, 2023

High country risk gives banks, firms headache

This, Rukarwa said, was in the backdrop of policy uncertainties, especially around sustainability of the dual currency system.
By Melody Chikono Sep. 8, 2023

Zim must address high sovereign risk

This is not a good sign. The reason for this rejection is simple.
By The Zimbabwe Independent Sep. 8, 2023

Banks see rebound as new era beckons

What has been the effect of the Zimbabwe Asset Management Company (Zamco)’s mopup of non-performing loans (NPLs)?
By Melody Chikono Sep. 8, 2023