News

21 July 2016

The Deposit Protection Commission says the deposit insurance fund has grown to over $15 million and is sufficient to cover risk of prejudice to small depositors in the event of bank failure.

21 July 2016

The second edition of the annual mobile money conference and awards will be held on July 28 at Meikles Hotel in Harare.

21 July 2016

Financial planning can be defined as the process of meeting your life goals through the proper management of your finances.

19 July 2016

The Deposit Protection Corporation has increased its cover limit by 100 percent from $500.00 to $1,000.00 per depositor per member bank.

18 July 2016

THE second edition of the annual Mobile Money Conference and Awards is set to be held in Harare on July 28.

18 July 2016

Reserve Bank of Zimbabwe (RBZ) says banks should use their discretion and the availability of cash in dispensing the soon to be introduced bond notes to depositors.

18 July 2016

The Securities and Exchange Commission of Zimbabwe says the Investor Protection Fund, at current levels, is sufficient to cover any risks to investors on the Zimbabwe Stock Exchange. 

18 July 2016

The annual rate of inflation for the month of June stood at minus 1, 37 percent, gaining 0, 33 percent points on the May rate of minus 1, 69 percent. 

14 July 2016

LOCAL banks have embarked on an aggressive acquisition of point of sale (POS) machines in a move that is expected to augment efforts by the central bank to promote the use of plastic money.

14 July 2016

A BILL that will allow individuals to use movable assets as collateral in securing loans from financial institutions is now at the Attorney General’s Office, a senior central bank official has said.

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