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Zimbabwe slashes banking fees

Government has approved sweeping reductions in licences, permits and fees across the financial services sector in a move aimed at dismantling what it describes as "hidden costs" and restoring confidence in formal banking systems.For years,…

Published: 04 Apr 2026 at 15:25hrs | 638 | by Staff reporter

Zimbabwe banking sector workers get 7,5% pay rise

Bank workers in Zimbabwe will receive a 7,5 percent minimum salary adjustment for 2026 following the conclusion of negotiations between employers and the trade union representing employees in the sector.The agreement, reached under the aus…

Published: 16 Feb 2026 at 09:22hrs | | by Staff reporter

'Zimbabwe banking sector safe, sound, well capitalised'

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube says Zimbabwe's banking sector remains stable, well-capitalised and free from financial stress, supported by strong foreign currency buffers and sustain…

Published: 02 Dec 2025 at 16:14hrs | | by Staff reporter

Zimbabwe's banking sector and no arrests years down the line

United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse.Barbican Bank- Closed in 2004 due to financial misma…

Published: 05 Dec 2024 at 09:07hrs | 51 | by Eng. Jacob Kudzayi Mutisi

Technology: the new paradigm in Zimbabwe banking?

What is different about Zimbabwean banks? Ours is the only country in Africa whose banks are not attracting foreign investor interest, why? Those who follow African markets could have noticed that in markets such as Nigeria, Kenya, Botswan…

Published: 12 Feb 2013 at 11:47hrs | 4782 | by zfn

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Search / Banking

Zimbabwe slashes banking fees

Zimbabwe banking sector workers get 7,5% pay rise

'Zimbabwe banking sector safe, sound, well capitalised'

Zimbabwe's banking sector and no arrests years down the line

Technology: the new paradigm in Zimbabwe banking?

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