Bank - The Standard

Topic : Bank

CBZ targets US$500m credit lines in 2025

The initiative comes after the financial institution last year mobilised US$115 million for on-lending to sectors of the economy.

By Ashton Ndakusiya Jan. 6, 2025

CBZ targets US$500m credit lines in 2025

Come back to your senses in 2025

The biggest of them all was the ditching of the RTGS currency, which was replaced by the Zimbabwe Gold (ZiG) in April, touted as the panacea to the currency crisis and inflation.

By Newsday Dec. 31, 2024

ZICT boss warns of cryptocurrency scams

When the central bank banned cryptocurrencies, one bitcoin was worth about US$8 800, which peaked to US$101 373,53 as of December 15 this month.

By Lee Musaidzi Dec. 31, 2024

AfDB left to disburse US$1,52m to Zim arrears clearance

UA stands for Units of Account and is akin to the Special Drawing Rights of the International Monetary Fund.

By Tatira Zwinoira Dec. 30, 2024

AfDB left to disburse US$1,52m to Zim arrears clearance

POSB agent in court for misusing erroneously credited funds

The complainant is POSB, represented by Morgen Manyuke, an investigations officer.

By Rejoice Phiri Dec. 24, 2024

POSB agent in court for misusing erroneously credited funds

Scottland FC partner with Ecobank to build new Mabvuku Stadium

The free-spending newcomers secured a 30-year lease for Number One Grounds adjacent to Mabvuku High School.

By Sindiso Dube Dec. 22, 2024

Scottland FC partner with Ecobank to build new Mabvuku Stadium

Time Bank offer: Govt treads with caution

Andrew Bvumbe, head of the public debt management office in the ministry, told businessdigest that the deal needed to be technically assessed.

By Melody Chikono and Tafadzwa Mhlanga Dec. 20, 2024

Time Bank offer: Govt treads with caution

Liquidity crunch vexes battered Zim

By the end of March, the Zimdollar had plummeted to US$1:ZW$22 055,47, down from US$1:ZW$6 104,72 at the end of 2023.

By Tatira Zwinoira Dec. 20, 2024

Aligning ESG with corporate strategy

This resilience does not only protect the company’s bottom line but also builds trust with stakeholders, including employees, customers, and investors.

By Diana Machodo Dec. 13, 2024