Zimbabwe seeks over US$10bn offshore credit
BAZ president Sibongile Moyo said significant investment was needed to drive sustainable development and revive the country's struggling economy.
By Melody Chikono
Jun. 20, 2025
Correspondent banks return to Zim
Correspondent banking ties help local banks to process international transactions for their customers.
By Melody Chikono
Jun. 19, 2025
Banks automate, phase out traditional roles
BAZ believes the digital shift presents employees with opportunities to upskill and transition into new roles better suited to a digital economy.
By Ashton Ndakusiya
Apr. 11, 2025
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Zida decries low capital inflows
He acknowledged that a significant barrier to attracting investment was Zimbabwe’s negative perception.
By Lee Musaidzi
Mar. 30, 2025
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Increased card limit to fuel digital transformation: BAZ
The move was among a raft of measures introduced by the central bank to reduce reliance on cash transactions at a time when its circulation is low in the formal sector.
By Lee Musaidzi
Feb. 19, 2025
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
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
