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

2024 budget should address domestic risks: RBZ

Mangudya said global inflationary pressures were expected to remain elevated and is expected at 6,9% in 2023 and 5,8% in 2024, supported by tighter monetary conditions.
By Harriet Chikandiwa Nov. 6, 2023

Mangudya speaks on export data discrepancies

Mangudya said the discrepancy comes as there is a major difference between gold exports that the bank records versus what is recorded in the destination country.
By Tatira Zwinoira Nov. 5, 2023

RBZ boss pushes for low-cost accounts

Mangudya said banks needed to find incentives to ensure that the money which was in the informal sector gets back into the formal channels.
By Tatira Zwinoira Oct. 27, 2023

Adapt to economic woes, FCB boss tells bankers

This was as a direct result of the local currency depreciating against the greenback as it continues to lack adequate support structures.
By Tatira Zwinoira Oct. 24, 2023

Zimbabwe banks hit by card cloning crimes

The survey is run by the Zimbabwe Independent in partnership with First Capital Bank.
By Tatira Zwinoira Oct. 22, 2023

Foreign currency deposits rise 433% to US$1,6 billion

The central bank chief also said Zimbabwe’s financial system’s stability had improved in the post Covid-19 pandemic period.
By Julia Ndlela Oct. 20, 2023

Staying the course

RBZ said the policy measures it introduced in the first half of the year brought stability in prices and the exchange rate.
By Newsday Aug. 11, 2023

A case of burying heads in the sand

Mangudya is certainly trying his best to pretend that the currency mess is someone else’s problem that will just disappear.
By Newsday Jun. 5, 2023