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“WE are not going anywhere, we are here for good. As Standard Chartered Bank, we have been in Zimbabwe for over a century and that makes...
ZIMBABWEAN legislators are currently debating a motion in Parliament to amend the Deposit Protection Act in order to strengthen mechanisms to defend ordinary depositors who are...
FINANCE secretary George Guvamatanga has issued local financial institutions a month-long ultimatum to reduce service charges amid concerns that the fees are discouraging savings. BERNARD MPOFU...
THE continued depreciation of the Zimbabwe dollar is piling pressure on local banks to harden their balance sheets as they seek to preserve their capital ahead...
AT least US$2 billion is circulating outside the country’s formal banking system as yesteryear memories of hyperinflation continue to haunt depositors, more than a decade after...
NEARLY US$2 billion is exposed to potential banking sector risks as the Deposit Protection Corporation (DPC) is yet to extend cover to foreign currency account (FCA)...
A DISPUTE over the need to shorten the salary-negotiation period from the current 12 months has prompted banking sector workers to petition Labour minister Paul Mavima,...
FORMER Finance minister Tendai Biti (pictured), who is also a former chairperson of the National Assembly’s Public Accounts Committee, said the proposed mergers of financial institutions...
GROWING mistrust over the country’s official inflation figures and the need to minimise exchange rate losses has held back Zimbabwe’s financial institutions from lending nearly US$2...
A PROPOSAL to merge six financial institutions into three big ones is being considered by the Zimbabwean government, in a different consolidation process from the CBZ...
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