Suppliers, contractors to have access to forex: RBZ
THE Reserve Bank of Zimbabwe (RBZ) has assured companies that foreign currency will remain accessible even after the government announced…
Category: Finance
Financial news, markets, and analysis
Old Mutual Zim AUM climbs 9,2% to US$1,34bn
OLD Mutual Investment Group Zimbabwe recorded a 9,22% increase in assets under management (AUM) to ZAR22,5 billion (US$1,34 billion) for…
Zim national Ndlovu appointed to lead Afreximbank insurance arm
AfrexInsure, the wholly-owned specialty insurance subsidiary of the African Export-Import Bank (Afreximbank), has appointed Zimbabwean Lesley Ndlovu as its new…
RBZ seeks business buy-in for new ZiG notes
THE Reserve Bank of Zimbabwe is engaging the business community as part of the ongoing awareness campaign on the new…
Competition Commission probes CBZ’s tech firm acquisition
Zimbabwe’s largest financial services group by deposits, CBZ Holdings Limited, intends to expand its footprint beyond traditional banking into the…
Treasury mandates exclusive ZiG payments for local suppliers
TREASURY will pay all current and new local suppliers exclusively in the domestic currency, the Zimbabwe Gold, under a stringent…
BancABC targets women with financial literacy drive
BANCABC has launched a financial literacy campaign aimed at strengthening women entrepreneurs’ financial knowledge and money management skills, starting with…
RBZ gets strong response to ZiG awareness campaigns
THE Reserve Bank of Zimbabwe (RBZ) has received an overwhelming response and ZiG acceptance during its first week of nationwide…
Single-digit inflation target still possible: Minister
GOVERNMENT is confident it will maintain single-digit inflation through a range of interventions, including ramping up alternative fuel supply chains,…
Zimbabwe seeks investors for US$200million telecoms satellite
Zimbabwe is seeking potential investors to raise more than US$200 million to finance the launch of a telecommunications satellite to…