Banks Push For Scrapping Of IMTT As Fresh Warning Emerges
Bankers Association Says IMTT Is Hurting Formal Business Zimbabwe’s banking sector is urging Finance Minister Mthuli Ncube to abolish the Intermediated Money Transfer Tax (IMTT), a...
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Bankers Association Says IMTT Is Hurting Formal Business Zimbabwe’s banking sector is urging Finance Minister Mthuli Ncube to abolish the Intermediated Money Transfer Tax (IMTT), a...
By BUUMBA CHIMBULU THE Bank of Zambia (BoZ) says the liquidation of Investrust Bank Plc is being conducted in line with the law, insisting that no creditor or former employee wil...
Xinhua Zimbabwe has officially joined the BRICS New Development Bank (NDB), Finance, Economic Development and Investment Promotion Minister Mthuli Ncube announced on Thursday. Spea...
STAFF WRITER PRESIDENT Emmerson Mnangagwa has appointed seven new members to the Broadcasting Authority of Zimbabwe (Baz) board to serve a four-year... To access this co...
ZB Financial Holdings has announced the appointment of Arthur Matsaudza as Chief Executive Officer of ZB Bank, effective October 1, 2026. Matsaudza is an accomplished executive w...
Mnangagwa Names New Team To Oversee Zimbabwe’s Broadcasting Sector President Emmerson Mnangagwa has appointed a new 7-member Broadcasting Authority of Zimbabwe (BAZ) Board, with th...
By A Correspondent | The publication of the Reserve Bank of Zimbabwe’s latest Statement of Assets and Liabilities has reignited … Continue reading "RBZ Balance Sheet Rekindles 2008...
KUDZANAI GEREDE THE Reserve Bank of Zimbabwe (RBZ) has urged local banks to reduce lending rates in line with policy rate cuts,... To access this content, please purch...
THE People’s Own Savings Bank (POSB) recorded a profit of ZWG108,48 million in the first half of the year amid plans to diversify revenue streams going into the second half of the...
Brandon Josphat POLITICAL EDITOR THE central bank is ramping up its efforts to expand the use of the ZiG in the economy,... To access this content, please purchase a su...
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In a historic move for Zimbabwe’s financial and mining sectors, eight local banks have joined forces to secure a 36-month, $125 million syndicated loan facility for Mutapa Gold Res...
Zimbabwe Joins BRICS Bank In Major Step Towards Full BRICS Membership Zimbabwe has taken a major step towards accessing new sources of funding by becoming a member of the New Devel...
By Tinomudaishe Muzanenhamo Buy Zimbabwe, in partnership with the People’s Own Savings Bank (POSB), will host the inaugural Buy Zimbabwe Anti-Counterfeit Day on 26 August 2026 as p...
THE People’s Own Savings Bank (POSB) recorded a record net profit of US$10.28 million for the 2025 financial year. Presenting the group’s 2025 financial performance, POSB Chief Exe...
Zimbabwe’s Deeds Office To Give Banks Access In Crackdown On Fake Property Titles The Government is moving to strengthen the country’s property registration system by digitally con...
By Godfrey Marawanyika, Bloomberg THE World Bank cautioned Zimbabwe against rushing to end the use of dollars in the economy as it could trigger capital flight. The southern Afric...
NEWS EDITOR THE country is making headway in its quests to only use the ZiG in all local transactions, helped by the... To access this content, please purchase a subscri...
Stanbic Bank Zimbabwe has signed a revolving one-year agreement with conservation organisation, Ele-Collection which has a multi-pronged effect of creating jobs for underserved wom...
Leading financial services institution Stanbic Bank Zimbabwe has launched StanPay, a mobile wallet designed to provide accessible, affordable, and convenient transaction solutions...
KUDZAI GEREDE A syndicate of local banks is expected to sign loan agreements of up to US$125 million with Mutapa Gold Resources... To access this content, please purchas...
The clarification comes days after Bloomberg reported that Absa Group was nearing a deal to consolidate its banking operations in Tanzania
CBZ Bank has committed US$100 million towards the rehabilitation and upgrade of the strategic Harare-Chirundu Highway as part of efforts to accelerate infrastructure development al...
Zimbabwe’s land reform will only reach its full economic potential when secure tenure is translated into access to capital, investment and higher productivity, Land Tenure Implemen...
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