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The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 492 | by Staff Reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 315 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 427 | by Staff reporter
RBZ rules out interbank rate
THE Reserve Bank of Zimbabwe (RBZ) has ruled out using an interbank-driven exchange rate, saying a rate determined at the foreign currency auction system would remain in force.An interbank rat...Published: 28 Jan 2022 at 06:00hrs | 1 | by Staff reporter
Civil servants loan facility set for rollout
The Government Employees Mutual Savings (GEMS) Fund loan facility is set to be rolled out beginning tomorrow, and members that have contributed for three consecutive months can start applying for loan...Published: 30 Apr 2021 at 06:31hrs | 1 | by Staff reporter
Forex auction resumes
THE Foreign Currency Auction Trading System resumes today after the festive season break amid expectations the exchange rate will have less pressure as demand for forex is traditionally low during thi...Published: 12 Jan 2021 at 08:38hrs | 3 | by Staff reporter
Steward Bank launches new product to support agriculture
Steward Bank has partnered with businesses under parent company Cassava Smartech Zimbabwe to launch AgroFuture, a new agribusiness product that is set to improve agricultural production in the country...Published: 01 Oct 2020 at 10:02hrs | 19 | by Agencies
'Collateral registry to be operational by December'
THE Reserve Bank of Zimbabwe (RBZ) is set to operationalise the collateral registry system by year end as authorities move to make movable property securitisable, an official has said.The driv...Published: 21 Apr 2019 at 08:49hrs | 1 | by Staff reporter
Byo @ 120! - A celebration of 34 years of destruction
Popular disk jockey turned politician, Ezra 'Tshisa' Sibanda, on Friday said there was no reason to celebrate Bulawayo's 120 years of existence "when the last 34 years has been a nightmare."Si...Published: 01 Aug 2014 at 18:28hrs | 5 | by Staff Reporter
US$650 000 facelift for Bulawayo Rainbow Hotel
RAINBOW Tourism Group (RTG) plans a US$650 000 facelift of its hotel in Bulawayo, as the hospitality concern moves to renew its tourism products.The group said in a statement, the revamp of th...Published: 16 Jun 2013 at 08:10hrs | 1 | by Staff Reporter
'We are looking at fund-raising US$90 million' says tourism ministry
TOURISM and Hospitality Industry Minister Walter Mzembi on Tuesday said his ministry was leading an aggressive drive to raise US$90 million to upgrade hotel infrastructure, retool and set up a revolv...Published: 20 Feb 2013 at 18:59hrs | 1 | by Staff Reporter
Lack of collateral is a possible cause for slow rate of loan disbursement
THE Bankers' Association of Zimbabwe has cited lack of collateral as a possible major cause of the slow rate of loan disbursement to industry.This follows revelations that a huge chunk of exte...Published: 26 Jul 2011 at 04:31hrs | 1 | by .
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