Harare - Zimbabwe's Metbank has set the tone for innovative digital banking with its intentional and strategic 'branchless banking', and has been hailed for creating employment opportunities for several impoverished youths in the country. The bank, which has kept its branch footprint low, in comparison to other local and international banks...
GOVERNMENT’s Monday move to dump its basket of foreign currencies, opting to use its own currency in local transactions, triggered chaos on the market yesterday, with some retailers closing shop for the better part of the day, while some financial experts described the legal instrument used to effect the...
BUSINESSMAN Frank Buyanga faces civil imprisonment over a US$172 000 debt. He has been taken to the High Court for failing to service a 2014 debt that emanated from a property dispute. The High Court has since ordered Buyanga to pay Mr Patison Sithole the amount, but he has not...
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday reiterated that companies and individuals can still withdraw their money held in foreign currency accounts, adding that NGOs can still pay their employees in forex. Further, Dr Mangudya clarified that possession of forex remains in...