Zim hopes to win back lost correspondent banks
Bankers Association of Zimbabwe president Lawrence Nyazema is on record stating that Zimbabwe had correspondent banking relationships on different currencies.
By Melody Chikono
Apr. 26, 2024
Nyazema lands CBZ CEO post
In a statement on Wednesday, CBZ said Nyazema started his career at ZB Financial Holdings in 1990, meaning that he is a very experienced banker.
By Blessed Ndlovu
Apr. 25, 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
Banking sector faces serious headwinds
Subsequently, this will translate into reduced business potential and opportunities for the banking sector.
By Melody Chikono
Jan. 12, 2024
CBZ hives off two directors in shock move
In the statement, CBZ noted that the institution would continue to leverage on the solid professional relationships built by Holtzman during his tenure.
By Tinashe Kairiza
Dec. 8, 2023
Global markets reject govt loan guarantees
Zimbabwe’s debt has spiralled from US$600 million in 1980, following protracted defaults.
By Shame Makoshori
Sep. 22, 2023
Correspondent banking platform built for local banks
In October 2022, the central bank revealed that an estimated 102 correspondent banking relationships had been lost over the last decade due to Zimbabwe’s high-risk profile.
By Tatira Zwinoira
Sep. 10, 2023
Zim must address high sovereign risk
This is not a good sign. The reason for this rejection is simple.
By The Zimbabwe Independent
Sep. 8, 2023
