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

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

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

Banks call for policy consistency

He added that the effectiveness of fiscal and monetary policies on the banking sector hinged on their coherence and consistency.
By Melody Chikono Mar. 17, 2024

Bank deposits transitory: Baz

Research has shown that depositors prefer banking their monies inside their homes which some have coined as the “Mattress Bank of Zimbabwe.”
By Blessed Ndlovu Dec. 7, 2023