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Hackers gain access to financial information for a large number of South Africans
Attackers claiming to be from N4ughtySec, a cyber extortion gang that took responsibility for an attack on TransUnion in March 2022, have said that they have infiltrated most of South Africa's banks....Published: 03 Nov 2024 at 12:46hrs | 933 | by Staff reporter
BCC bows to residents' pressure on security guards
The Bulawayo City Council has backtracked on its plans to disband the Municipal Police and replace it with a private security company, following a backlash from residents.According to a Confid...Published: 05 Jul 2023 at 18:50hrs | 10 | by Staff reporter
BCC blasted over proposal to disband municipal police
BULAWAYO residents have reacted with anger following the proposal by the local authority to disband municipal police and engage a private security company, saying the move is not only unprecedented, b...Published: 03 Jul 2023 at 07:09hrs | 17 | by Staff rporter
BCC considers blacklisting debtors
THE Bulawayo City Council is reportedly considering blacklisting some of its bad debtors as it continues to explore avenues of boosting revenue collection.The move comes as the city's debtors ...Published: 25 Jun 2023 at 09:36hrs | 1 | by Staff reporter
Zimbabwe banks weather the storm
ZIMBABWE'S banking institutions remained profitable during the year ended December 2019, reporting net income of $6,4 billion, an improvement from $389,9 million reported during the corresponding peri...Published: 20 Dec 2020 at 07:04hrs | | by Staff reporter
How to recover after getting rejected for a personal loan
A lender turning down your personal loan application can be a serious blow to your finances. If it was your last option, you'll be in a more difficult position, especially if the situation is urgent s...Published: 06 Sep 2019 at 06:10hrs | 1 | by Staff Reporter
Teachers report loan sharks to Mnangagwa
Troubled escalating deductions on their payslips in an unfavourable economic environment, teachers have handed President Emmerson Mnangagwa a list of 16 loan sharks whom they allege are swindling them...Published: 24 Dec 2018 at 19:54hrs | | by Staff reporter
Zimbabwe's credit bureau takes shape
THE Reserve Bank of Zimbabwe's efforts to set up the Credit Reference Bureau (CRB) has received a major boost after banks submitted information on 90% of their loans to the registry as the central ban...Published: 09 Jul 2017 at 08:05hrs | | by Staff reporter
Zimbabwe Credit Reference Bureau system to go live end of August
THE long awaited Credit Reference Bureau (CRB) system is due to kick off by end of August, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said.A credit registry is an institutio...Published: 17 Aug 2016 at 09:01hrs | | by Staff reporter
Credit Reference Bureau to go online on July 31
Zimbabwe's Credit Reference Bureau (CRB) is set to be fully operational by the end of next month, an official has said.The chief bank examiner at the Reserve Bank of Zimbabwe Mr Ruzayi Chiviri...Published: 14 Jun 2016 at 15:35hrs | 1 | by Tawanda Musarurwa
PDP offers real solutions to the cash crisis
In the recent weeks, the media, social and political conversations have been dominated by the ongoing dire cash crisis as well as the proposed disastrous returning of the Zimbabwean dollar alias ‘bo...Published: 11 May 2016 at 09:23hrs | 1 | by PDP
Zimbabwe Credit bureau registers 2.3 million customers
The country's largest credit reference bureau, Financial Clearing Bureau (FCB), says it had 2,3 million customers on its database at the end of the second quarter of the year. In a newslet...Published: 01 Sep 2015 at 07:02hrs | | by Staff reporter
Zim govt moots credit reference bureau
RBZ Acting governor Charity Dhliwayo said government is currently working on a legal framework for establishing a credit reference bureau system in the country as it moves to expand the volume of ...Published: 16 Jul 2015 at 07:59hrs | | by Staff reporter
More protection against reckless credit for SA consumers
The recent amendments to the National Credit Act, 2005 which came into force on the 13th of March 2015, has yet again heralded in a higher level of protection for South African consumers in the credit...Published: 01 Jun 2015 at 13:31hrs | | by Sithandile Mpofu
Credit bureau services rolled out in Zimbabwe
Spectip Investments has started rolling out credit bureau services covering individuals, public institutions and private companies, a company official said last week. Innocent Mugwagwa, operat...Published: 07 Apr 2015 at 07:19hrs | | by Staff reporter
Barclays Zimbabwe maintains conservative book
Barclays Chief Executive (CE) George Guvamatanga started his presentation last Thursday by emphasising that the bank considers itself a local bank. He drew parallels with foreigners who live in a cou...Published: 02 Apr 2013 at 08:46hrs | | by Business reporter
14 banks have met first level of capital requirements
The Reserve Bank of Zimbabwe governor Gideon Gono has said 14 out of 22 banks had met the first level of minimum requirements by December 31 last year. 5 other banks had made "significant" pro...Published: 01 Feb 2013 at 06:17hrs | | by Business reporter
Banks to reduce charges substantially
BANK charges will soon be reduced substantially following negotiations between the banking sector and the Reserve Bank of Zimbabwe amid concerns that the current level of charges was against internat...Published: 01 Feb 2013 at 06:02hrs | 1 | by Staff reporter
Zimbabweans to be blacklisted as bankers set up credit bureau
ZIMBABWE's financial sector is likely to change dramatically if plans by the Bankers Association of Zimbabwe (BAZ) to set up a credit bureau are seen through.BAZ, through its president George ...Published: 17 Jun 2012 at 09:28hrs | | by Staff reporter
Truworths reports a decline in sales
Truworths interim results for 2012, showed a 9% decline in the top line to $12.5 million attributable to lower discretionary incomes in November and December due to late payment of civil servant bonu...Published: 06 Mar 2012 at 07:46hrs | | by Business reporter
Gono release statement on measures to improve liquidity
Yesterday the RBZ Governor released a statement on measures to improve liquidity. The salients: As at 03 February total bank deposit were $3.45 billion and total loan $2.78 billion implyin...Published: 17 Feb 2012 at 09:00hrs | | by Business reporter
Zimbabwe Monetary Policy Statement – January 2012
The Reserve Bank of Zimbabwe (RBZ) yesterday released the January 2012 Monetary Policy Statement. The RBZ notes that despite the lack of a lender of last resort, illiquidity in the market, limited lin...Published: 01 Feb 2012 at 08:31hrs | 1 | by Business reporter
Most Zimbabweans are now heavily indebted
Most Zimbabweans are now heavily indebted, as credit becomes easily available in what could cause a crunch in the retail sector, as customers are likely to default due to low disposable incomes. ...Published: 18 Jan 2012 at 05:32hrs | 127 | by Staff reporter
Biti's voodoo inspired stone age budget
The eyebrows of tsikamutandas were probably raised by the Finance minister, Tendai Biti's opening paragraph which set the tone for his voodoo-inspired stone age budget speech. The finance mi...Published: 29 Nov 2011 at 18:40hrs | | by Colls Ndlovu
Credit bubble hits economy
According to FinGaz Business Editor, Munyaradzi Mugowo's publication on Friday (13 May 2011) Zimbabwe's banking sector, dormant in the first 18 months of dollarisation, has snapped back with an insati...Published: 06 Jun 2011 at 06:57hrs | 2 | by Munyaradzi Mugowo
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