Search / Banking hall
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 176 | by Staff reporter
Surge in US$ cash transactions triggers spike in armed robberies in Zimbabwe
Zimbabwe is experiencing an alarming rise in armed robberies, with the increasing use of US dollar cash transactions making businesses, banks, and individuals prime targets for criminals. Violent atta...Published: 27 Nov 2024 at 06:50hrs | 260 | by Staff reporter
Harare City Council uncovers $2 million scandal
A seven-member sub-committee appointed by the Harare City Council has uncovered a scandal that has cost the municipality over US$2 million in a dubious land deal. The investigation, initiated in May 2...Published: 08 Oct 2024 at 07:32hrs | 565 | by Staff reporter
Chitungwiza in door-to-door drive to recover ZiG160m
The Chitungwiza Municipality has initiated a door-to-door exercise aimed at recovering approximately ZW$160 million owed by ratepayers. The program commenced on October 3 and will run until October 17...Published: 07 Oct 2024 at 08:04hrs | 2376 | by Staff reporter
Security guard robs bank he was guarding, makes off with US$130,000
A security guard who was on duty at a Sanyati banking hall robbed the same bank he was guarding, escaping with more than US$134,000 in cash.Police confirmed the bizarre incident and appealed f...Published: 16 Sep 2024 at 14:18hrs | 630 | by Staff reporter
Stanbic Bank expands its ATM network
Harare, 24 July 2024 - Stanbic Bank Zimbabwe has embarked on an exercise to expand its Automated Teller Machines (ATMs) in response to growing client demands.The move by the leading financial ...Published: 24 Jul 2024 at 09:01hrs | 429 | by Agencies
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
Zimbabwe police identify, launch manhunt for Nedbank robbers
POLICE have identified and launched a manhunt for seven suspects, three of them notorious brothers accused of robbing a Nedbank branch in Bulawayo of US$272 500-00, ZAR 2 420 000-00, and five gold coi...Published: 04 Jan 2024 at 05:55hrs | 17 | by Staff reporter
Burglars raid Nedbank
Burglars broke into a Nedbank building in Bulawayo's Belmont industrial area where they damaged three safes before stealing over US$270 000 and about R2 million, police confirmed yesterday.The...Published: 30 Aug 2023 at 06:44hrs | 10 | by Staff reporter
BCC to open revenue hall at ZITF
THE Bulawayo City Council has announced plans to open a new banking hall at its offices at the Zimbabwe International Exhibition Centre as a way of decongesting the revenue hall in the city centre....Published: 06 Jul 2023 at 16:19hrs | 4 | by Staff reporter
7 armed robbers wanted for high profile cases
SEVEN suspected armed robbers who are on police's most wanted list for committing a spate of high profile criminal cases countrywide are believed to be operating and hiding in South Africa where most ...Published: 05 Jul 2023 at 07:12hrs | 4 | by Staff reporter
Armed robbers blow open bank safe
AN armed robber who is part of a five-man gang that used explosives to blow open a safe at Agribank Lupane branch is recovering in hospital under police guard after he was shot.Police national...Published: 03 Jul 2023 at 07:09hrs | 15 | by Staff rporter
Zesa customers 'fail' to buy tokens
Several households in parts of Harare that were recently connected to the Zimbabwe Electricity Transmission Distribution Company's (ZETDC) billing system are failing to buy pre-paid tokens because of ...Published: 16 Feb 2023 at 04:51hrs | 2 | by Staff reporter
Police probe ZB Bank Vic Falls robbery
SEVERAL bank employees have been questioned by the police following a theft when a lone armed robber pounced on ZB Bank branch in Victoria Falls last week, entering the banking hall a few minutes befo...Published: 05 Dec 2022 at 05:05hrs | | by Staff reporter
Lone gunman robs Victoria Falls bank
A LONE gunman robbed the ZB Bank Victoria Falls branch on Wednesday afternoon and made off with an undisclosed amount of money – a source from the bank however said more than US$100 000 was stolen....Published: 30 Nov 2022 at 18:43hrs | | by Staff reporter
How Mine robbers unmasked
POLICE in Bulawayo have linked armed robbers who raided a cash-in-transit vehicle transporting nearly 12kg of gold worth US$675 000 from How Mine to Fidelity Printers and Refiners to four other armed ...Published: 31 Oct 2022 at 04:51hrs | 5 | by Staff reporter
2 500 hit-and-run accidents recorded in Zimbabwe
The numbers of motorists who hit pedestrians or other vehicles on the roads and speed off without rendering assistance is now on the increase with the police recording about 2 500 hit-and-run accident...Published: 08 Aug 2022 at 05:44hrs | 3 | by Staff reporter
Security guard killed in road accident
A CHINHOYI NMB bank branch security guard was this morning killed by a speeding vehicle outside the banking hall as he knocked off from work.The man met his fate at around 7am, when a driver o...Published: 01 Aug 2022 at 19:04hrs | 2 | by Staff reporter
Govt expedites Mt Hampden 'City'
PRESIDENT Emmerson Mnangagwa's government is pushing for the immediate launch of Harare's "new city" in Mt Hampden amid indications that the project is attracting a number of investors from countries ...Published: 27 May 2022 at 20:16hrs | 13 | by Staff reporter
Companies must use banking services, period
EXPERTS say although banks do many things, their primary role is to take in funds—called deposits—from those with money, pool them, and lend them to those who need funds.In essence, banks ...Published: 03 Apr 2022 at 08:23hrs | 4 | by Staff reporter
Schools opening today
The first term opens today for all classes except Form One and Lower Six, who will be opening separately soon.Learners said they were happy to be going back to school and hoped that they will ...Published: 07 Feb 2022 at 05:11hrs | 3 | by Staff reporter
Forex bonus withdrawals overwhelm banks
SCORES of civil servants and pensioners continued to queue outside banking halls in Bulawayo yesterday seeking to withdraw their foreign currency, forcing some banks to seek police intervention to con...Published: 12 Dec 2021 at 19:56hrs | 10 | by Staff reporter
Mthuli Ncube orders banks to stop deducting civil servants bonuses
FINANCE Minister, Mthuli Ncube has ordered banks to pay civil servants their 13th cheques in foreign currency, and not to deduct cash from their transactions.The Treasury boss said it had come...Published: 03 Dec 2021 at 18:21hrs | 8 | by Staff reporter
War vets stage demo over bonus delays
THERE was commotion at the Peoples Own Savings Bank (POSB) in Masvingo Thursday when war veterans and government pensioners staged a demonstration over delays to pay them their 13th cheque in hard cur...Published: 03 Dec 2021 at 05:38hrs | 11 | by Staff reporter
RBZ dishes out US$6 million to 130 000 citizens
THE Reserve Bank of Zimbabwe (RBZ) has disbursed more than US$6 million to close to 130 000 people following Government's decision last month to promote financial inclusion and access to forex for sma...Published: 29 Oct 2021 at 08:11hrs | 5 | by Staff Reporter
Chinese steel plant roars to life in Zimbabwe
A NEW town is set to be born between Mvuma-Chivhu and Manhize where Tsingshan Group Holdings, a Fortune 500 listed company is set to build a world class iron and steel plant that will also come with f...Published: 03 Aug 2021 at 07:16hrs | 2 | by Staff reporter
Zesa warns of vending system glitches
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has said that the prepaid electricity vending system could experience technical glitches between tomorrow and Friday because the ...Published: 19 May 2021 at 06:53hrs | | by Staff reporter
Zinwa shelves tariff hike after outcry
THE Zimbabwe National Water Authority (ZINWA) has with immediate effect suspended its plans to increase water tariffs following an outcry by various stakeholders.Zinwa had planned to effect a ...Published: 10 Mar 2021 at 11:14hrs | 1 | by Staff reporter
Bank queues a Covid-19 time bomb
BANKS are not adhering to World Health Organisation (WHO) standards and national Covid-19 guidelines as evidenced by their failure to control clients to ensure social distancing. Social distan...Published: 04 Mar 2021 at 06:21hrs | 1 | by Staff reporter
Mnangagwa urges lockdown compliance
PRESIDENT Mnangagwa yesterday urged Zimbabweans to comply with the second lockdown, imposed by Government to curb the spread of the deadly Covid-19 pandemic, which he described as the final push again...Published: 06 Jan 2021 at 06:51hrs | 1 | by Staff reporter
Zesa introduces US$ payment system
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of Zesa (Pvt) Ltd has introduced a system that will see all post-paid customers settle their bills in foreign curre...Published: 04 Jan 2021 at 22:27hrs | | by Staff reporter
Xmas rush exposes banks
A STEEP rise in demand for liquid cash experienced during the Christmas period exposed weaknesses in Zimbabwe's electric money strategy, a NewsDay Business survey revealed. Clients said electr...Published: 01 Jan 2021 at 07:39hrs | 11 | by Staff reporter
Firms evade remitting forex taxes
THE Zimbabwe Revenue Authority (Zimra) says it has detected a string of scams in which some companies charging for goods and services in foreign currency have evaded paying taxes in forex.This...Published: 04 Dec 2020 at 07:20hrs | | by Staff reporter
'No 2021 tax clearance certificates to improperly fiscalised operators'
Zimbabwe's tax collector has threatened to withhold 2021 tax clearance certificates to all registered business operators that have not properly fiscalised as most operators are not remitting taxes in ...Published: 27 Nov 2020 at 17:23hrs | | by Staff reporter
Bank CEO reads riot act to protesting workers
Standard Chartered Bank chief executive Ralph Watungwa has read the riot act to workers that have been camped at the financial institutions premises protesting against poor remuneration. The employees...Published: 19 Aug 2019 at 07:55hrs | 2 | by Staff reporter
The situation in Zimbabwe has moved to another level
"FELLOW Zimbabweans … the situation in our country has moved to another level. Firstly, we wish to assure the nation that His Excellency, President Robert Mugabe and his family are safe and sound an...Published: 13 Aug 2019 at 07:19hrs | | by Cliff Chiduku
Chaos as panicky motorists besiege Zinara offices
CHAOS hit the Zimbabwe National Road Authority (Zinara) licensing offices in Harare yesterday as panicking motorists stampeded to beat the July 31 licensing deadline.Motorists, responding to s...Published: 01 Aug 2019 at 22:01hrs | | by Staff reporter
Clueless Mthuli Ncube hikes tollgate fees and vehicle licence fees by 400%
FINANCE Minister Mthuli Ncube has increased Tollgate Fees and vehicle licence fees by 400% effective 1 September 2019Presenting his 2019 Mid-Term Budget Review statement on Thursday, Ncube sai...Published: 02 Aug 2019 at 11:32hrs | 13 | by Ndou Paul
Support local currency: MP
PARLIAMENTARIANS have called on Government to immediately work on eliminating corruption from all sectors as a way of restoring confidence in the recently introduced local currency. Spea...Published: 25 Jul 2019 at 07:56hrs | | by Staff reporter
Solar energy is forever
Working for yesteryears PTC was everyone's aspiration and great wish. The entity was in comfort zone, it considered postage stamp sales its cash cow and permanent source of huge revenues till 'boys ca...Published: 17 Jul 2019 at 20:56hrs | 1 | by Thomas Murisa
Stanbic Bank pays workers advance wage to avert strike
STANBIC Bank Limited, a subsidiary of the South African based Standard Bank of South Africa Limited, advanced its employees ZWL$1 000 in allowances to avert a strike last week as the economic situatio...Published: 17 Jul 2019 at 07:48hrs | 10 | by Staff reporter
Chaos as Stanbic workers sleep on banking halls
Stanbic Bank workers have written to the employer informing them that their workers are incapacitated to continue providing services to the bank on a regular basis as agreed upon between the employer ...Published: 21 Jun 2019 at 09:22hrs | 1 | by Mandla Ndlovu
NUST Student hostels construction gathers pace
CONSTRUCTION of the $12 million upmarket accommodation facility to house more than 1 000 students in Bulawayo by the Infrastructure Development Bank of Zimbabwe (IDBZ) has started.IDBZ chief m...Published: 16 Jun 2019 at 09:37hrs | | by Staff reporter
Armed robbers hit Lupane bank
SIX gun-wielding robbers raided a bank and shop in Lupane in two separate incidents and got away with more than $1 200 and undisclosed groceries. Police spokesperson for Matabeleland North, Ch...Published: 13 Mar 2019 at 22:47hrs | 1 | by Staff reporter
Kariba ZETDC opens up banking hall at local office
ZETDC office has deployment of one of its point of sell machine for opening up of their Kariba banking hall for purchasing of electricity tokens.This comes following challenges being fac...Published: 11 Mar 2019 at 20:38hrs | 1 | by MuHwisiry Chaiyeiye
Insurance companies, Peoples Savings, Fixed income earners at Risk due to unstable economy.
Zimbabwe financial system is still in a disarray despite the measures unpacked in the monetary policy statement of the first half of year 2019 with Dr Mangudya on 19 February. The economy is continuou...Published: 10 Mar 2019 at 07:04hrs | 4 | by Elvis Dzvene
Zimbabwe bond notes under siege
The bond note is increasingly suffering rejection from the corporate sector after Delta Corporation Limited went public on Wednesday saying it will be selling its products in hard currency.Del...Published: 04 Jan 2019 at 19:31hrs | | by Staff reporter
Bulawayo targets forex earners
Bulawayo City Council has set its sights on earning foreign currency (forex) from ratepayers domiciled in foreign lands as well as from international organisations operating in Zimbabwe in a bid to sh...Published: 02 Jan 2019 at 14:23hrs | 1 | by Staff reporter
Load More Stories