Economists throw caution as bank loans rise sharply
“The increase in bank loans and advances may not have the desired impact on the economy judging from the economic stagnation experienced in the same period,” he said.
By Freeman Makopa
Jan. 31, 2025
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Zimbabwe’s banking sector ‘cautiously optimistic’ in 2025
Economist Prosper Chitambara predicted a positive trajectory for the banking sector compared to the previous year, driven by the projected 6% economic growth.
By Blessed Ndlovu
Jan. 12, 2025
Reform banking system: Top banker
Vingirai emphasised the need to address the issue, starting with the central bank, also putting focus on restoring confidence in the local currency.
By Tafadzwa Mhlanga and Freeman Makopa
Nov. 1, 2024
Bankers warn of price increases
Consumers would face increased costs for essentials like fuel, food and other goods priced in foreign currency, the bankers said.
By Tafadzwa Mhlanga
Oct. 3, 2024
Banks struggle to fund imports
The shortage of foreign currency has significantly impacted the country’s economic development.
By Blessed Ndlovu
Aug. 30, 2024
Banks under siege from cyber attacks
BAZ noted that local banks had started investing in security technologies as they look to protect themselves from similar occurrences.
By Tafadzwa Mhlanga
Aug. 9, 2024
Bankers call for arrears clearance programme to be expedited
This injection would be guided by the obtaining pipeline demand at banks as of July 25, according to the central bank.
By Tafadzwa Mhlanga
Aug. 7, 2024
Banks downplay ZWG shortages
The Reserve Bank of Zimbabwe switched to the Zimbabwe Gold currency after abandoning the rapidly depreciating Zimbabwe dollar.
By Tatira Zwinoira and Blessed Ndlovu
Jun. 28, 2024
Banks brace for drought-induced shocks
Mutogo said by embracing sustainable banking practices, banks can contribute to the country’s sustainable economic growth while addressing the urgent need for climate action.
By Belinda Chiroodza
Apr. 21, 2024
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Banks race to save teetering OK Zim...massive deal twinned with bold restructuring plan
Local News
By Shame Makoshori and Freeman Makopa
Feb. 7, 2025
