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
Premium
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
