Bankers voluntarily slash transaction fees, remove balance inquiry charges

Business Reporter Commercial banks have voluntarily agreed to reduce a range of transaction fees and eliminate others entirely, in what Governor Dr John Mushayavanhu described as a landmark move by…

Cutting policy rate now would undo inflation gains: RBZ Governor

Business Reporter Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu has pushed back against calls to lower the policy rate, arguing that doing so prematurely could undo the hard-won…

Government to upgrade Victoria Falls border post to ease congestion- VP Mohadi

Rutendo Nyeve VICE President Kembo Mohadi has assured the nation of Government’s commitment to transforming the Victoria Falls Border Post into a modern, efficient gateway, emphasising that urgent digital solutions…

Charges against Zanu-PF Greens district chair dropped after complainant recants 

Peter Matika Charges against Zanu-PF Greens district chairperson Tendai Charuka have been withdrawn at the Bulawayo Magistrates’ Court after the complainant, a popular mushikashika driver and tout, Sawu Jere, filed…

Dr John Mushayavanhu defends monetary tightening, cites sharp decline in money supply

Business Reporter Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has detailed the central bank’s success in restraining money supply growth and maintaining liquidity within targeted bands, defending the…

RBZ clarifies statutory reserve requirements, challenges banks to attract longer-term deposits

Business Reporter Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu, has moved to correct what he described as a widespread misconception regarding statutory reserve ratios, clarifying that the requirement…

Minister commends Bulawayo for strategic road equipment investment

Sikhumbuzo Moyo THE Bulawayo City Council has been commended for its strategic foresight in investing in critical machinery aimed at strengthening road maintenance and rehabilitation efforts. In a speech read…

RBZ governor emphasises consultation, stability in monetary policy formulation

Business Reporter The Governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mushayavanhu, has underscored the importance of extensive stakeholder engagement and policy credibility in executing the central bank’s…

Econet shareholders approve ZSE exit, InfraCo restructuring

Business Reporter Minority shareholders of Econet Wireless Zimbabwe Limited (both institutional and retail) have voted overwhelmingly to approve the group’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE), with all…

Bulawayo requires US$15 million annually for road rehabilitation

Sikhumbuzo Moyo BULAWAYO mayor Councillor David Coltart says the City needs at least US$15 million, annually, to maintain its existing road network, although the figure could be higher as some…

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