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
Bankers propose sweeping changes to the tax regime
This comes as Finance Act No 7 of 2021 introduced an obligation for companies to pay their corporate and income taxes according to the currency used.
By Melody Chikono
Nov. 29, 2023
Banks race to curb surge in card cloning
Statistics from the Reserve Bank of Zimbabwe (RBZ) point to a daily average of nearly ZW$50 billion being transacted through point-of-sale machines where bank cards are mostly used.
By Belinda Chiroodza
Nov. 24, 2023
BancABC beefs up its cybersecurity
This comes as the Bankers Association of Zimbabwe has bemoaned the increase in bank fraud.
By Blessed Ndlovu
Nov. 24, 2023
Bankers blame bank charges on plethora of costs
In emailed responses to NewsDay Business, Baz chief executive officer Fanwell Mutogo said banks, like any other industry, incurred costs when providing a service to their clients.
By Blessed Ndlovu
Nov. 7, 2023
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Scramble for food at Buhera festivities lays bare dire situation in rural areas
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Apr. 21, 2024
