DPC targets US$106m fund as deposit cover expands
The target, equivalent to 2% of total banking sector deposits, comes as the corporation accelerates efforts to grow the fund through investment income.
By Blessed Ndlovu
Jun. 26, 2026
DPC triples bank deposit cover to US$3,000, quadruples microfinance protection to US$2,000
The DPC would continue seeking opportunities across various asset classes in line with its approved investment framework, says chairman Canaan Dube
By Blessed Ndlovu
Jun. 19, 2026
DPC fund surges 89% to US$28,8m on premium, investment gains
Premium contribution rates for both ZiG and USD deposits remained pegged at 0,3% of annual average deposits eligible for premium assessment.
By Business Reporter
Jun. 18, 2026
RBZ mops up liquidity with new ZiG Bills
The central bank said the investment instruments will be available to a broad range of market participants, including banks, corporates and individual investors.
By Staff Reporter
Jun. 8, 2026
DPC doubles compensation fund to US$33m, clears legacy claims
With an estimated US$2,5 billion circulating in the informal sector, the DPC is also seeking to draw unbanked funds into formal channels by reinforcing depositor confidence.
By Blessed Ndlovu
Apr. 17, 2026
SecZim, DPC seal MoU to strengthen financial sector stability
“This MoU establishes a structured framework for cooperation, enabling us to better coordinate efforts in promoting market integrity, financial stability and sector resilience,” Berejena said.
By Blessed Ndlovu
Apr. 10, 2026
Pension funds tighten grip on equities market
On the sell side, other financial institutions led disposals, offloading shares worth ZiG515,32 million (43,28%), while individual investors sold shares valued at over ZiG79,5 million (6,68%).
By Tatira Zwinoira
Mar. 27, 2026
DPC compensates depositors from nine collapsed banks
“Deposit protection is designed to ensure that depositors do not lose their money when a banking institution fails, in so doing maintaining trust and stability within the financial system.”
By MUSA MAKINA
Mar. 27, 2026
CDC sits on ZiG91m, US$3,9m in unclaimed shares in FY25
Unclaimed shares are securities surrendered by stockbrokers to the Investor Protection Fund (IPF) after remaining inactive for a prescribed period.
By Blessed Ndlovu
Feb. 5, 2026
