Banking sector profits drop in tough first half
Zimbabwe’s banking sector reported a sharp plunge in profits during the first half of 2025, with aggregate earnings falling to ZiG5,0 billion, the Reserve Bank of Zimbabwe (RBZ) said yesterday.
By Mthandazo Nyoni
10h ago
ZiG market usage surges to 40% amid low confidence
THE Reserve Bank of Zimbabwe (RBZ) has reported a huge 14 percentage point increase in ZiG (Zimbabwe Gold) usage to 40% until June since its release, amid lingering concerns over accessibility.
By Tatira Zwinoira
10h ago
Central bank signals liquidity relief despite cash crunch
Consequently, the RBZ is responding to the deepening liquidity crunch that has stalled lending and strained economic activity resultantly.
By Blessed Ndlovu
10h ago
CCZ calls for collaboration over speculative pricing
THE Consumer Council of Zimbabwe (CCZ) has called for greater collaboration among the Treasury, the Reserve Bank of Zimbabwe and the consumer rights body to curb speculative pricing.
By Concilia Mupezeni
Aug. 6, 2025
Afreximbank arranges US$1,35bn in US$4bn Dangote Refinery refinancing deal
The deal marks a significant step in completing Africa’s largest single-train refinery, which is poised to transform regional energy supply and reduce dependence on imported fuel.
By Mthandazo Nyoni
Aug. 5, 2025
Zim banks erect firewalls against bad loans — RBZ
The use of reserve money to stabilise the exchange rate was preferred
By Freeman Makopa
Aug. 1, 2025
Kariba Dam rehab nears completion
KDRP is a massive undertaking aimed at ensuring the continued structural integrity of Kariba Dam wall.
By Obert Siamilandu
Aug. 1, 2025
Zim debt rises by US$640m in Q1 2025
This comes at a time when Zimbabwe’s public debt figures have been challenged by some of its biggest creditors such as the African Export–Import Bank (Afreximbank).
By Ashton Ndakusiya
Aug. 1, 2025
RBZ warns against price instability
The central bank has introduced measures such as increasing the bank policy rate to 35% and raising statutory reserves to reduce liquidity and stabilise prices.
By Obert Siamilandu
Jul. 31, 2025
