Zim hopes to win back lost correspondent banks

Bankers Association of Zimbabwe president Lawrence Nyazema is on record stating that Zimbabwe had correspondent banking relationships on different currencies.
By Melody Chikono Apr. 26, 2024

Nyazema lands CBZ CEO post

In a statement on Wednesday, CBZ said Nyazema started his career at ZB Financial Holdings in 1990, meaning that he is a very experienced banker.
By Blessed Ndlovu Apr. 25, 2024

Bankers welcome monetary policy measures

In an interview with businessdigest, BAZ president Lawrence Nyazema said the fact that the monetary authorities were maintaining the multi-currency system was a positive move.
By Melody Chikono Apr. 12, 2024

Financiers shelve large-scale projects

Zimbabwe is battling to upgrade colonial infrastructure at a time there was an influx of rural to urban migration.
By Melody Chikono Mar. 22, 2024

Banking sector faces serious headwinds

Subsequently, this will translate into reduced business potential and opportunities for the banking sector.
By Melody Chikono Jan. 12, 2024

CBZ hives off two directors in shock move

In the statement, CBZ noted that the institution would continue to leverage on the solid professional relationships built by Holtzman during his tenure.
By Tinashe Kairiza Dec. 8, 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

Correspondent banking platform built for local banks

In October 2022, the central bank revealed that an estimated 102 correspondent banking relationships had been lost over the last decade due to Zimbabwe’s high-risk profile.
By Tatira Zwinoira Sep. 10, 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