Lenderspark’s loan book bumps up to US$2,5m on rising demand
A subsidiary of the National Building Society (NBS), Lenderspark was launched last year to promote financial inclusion and drives economic growth.
By Blessed Ndlovu
20h ago
Tackling exchange rate disparities, strenghtening ZiG’s market value
Recently, I booked a bus ticket with a local company to travel to one of our special economic zones. I was given the option to pay in either US dollars or Zimbabwean Gold (ZiG).
By Kudakwashe Taimo
Mar. 21, 2025
More than just banking: Climate risk
The Paris Agreement marks a turning point in global efforts to combat climate change, ushering in a new era of sustainable development.
By Cynthia Tapera
Mar. 21, 2025
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Old Mutual SA frets over Zim’s funds repatriation restrictions
In its financial results for the year ended December 31, 2024, OML stated that the RBZ was still enforcing limitations on transferring funds out of Zimbabwe.
By Tatira Zwinoira
Mar. 21, 2025
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Govt intensifies crackdown on smuggling, counterfeits
The authorities are also targeting businesses using parallel market exchange rates and selling counterfeit, underweight or unlabelled goods.
By Ophar Mavuri
Mar. 18, 2025
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Interbank market in doldrums as...Big banks hold on to surplus cash
While these measures have successfully curbed inflation and strengthened ZiG, they have also led to unintended liquidity distribution challenges.
By Tafadzwa Mhlanga and Blessed Ndlovu
Mar. 14, 2025
RBZ cranks up pressure for businesses to formalise
A 2022 RBZ study found that the informal sector is estimated to generate an annual turnover of US$14,2 billion.
By Blessed Ndlovu
Mar. 4, 2025
Teetering OK draws up internal corporate rescue plan
OK has engaged Axcentium Zimbabwe to undertake a post implementation review.
By Tatira Zwinoira
Feb. 28, 2025
Govt exchange rate distortions cost market US$4,5bn
Such actions could lead to higher revenue collections which could go towards stabilising the ZiG as it would increase foreign currency reserves.
By Tatira Zwinoira
Feb. 27, 2025
Debt trap cripples access to US$160bn EU funding‘... decision not influenced by political sanctions’
Local News
Mar. 21, 2025
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Govt targets unscrupulous dealers... plans lifestyle audits for ‘mbingas’
Local News
Mar. 21, 2025
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Old Mutual SA frets over Zim’s funds repatriation restrictions
Business Digest
Mar. 21, 2025
