Stanbic Bank Records 30% Profit Increase
Stanbic Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017
Funding, Biggest Challenge for SMEs
Local Small to Media Enterprises in Zimbabwe are battling against funding challenges compounded by failure to access credit lines from financial institutions, a problem they say has derailed their operations. Addressing various stakeholders at the CBZ International SME Indaba 2018, CBZ Divisional Director Molly Dingani said
Looters’ List, MDC-T Unconvinced
President Mnangagwa promised to name and shame individuals who externalized funds, but the list came with names of companies only which MDC-T saw as a move to shield ZANU PF big wigs whom they are assuming constitutes the list
Liquidity crunch a blessing in disguise- RBZ Deputy Governor
Reserve Bank of Zimbabwe Deputy Governor, Dr Jesimen Chipika says the liquidity crunch currently bedeviling the nation is a welcome development as it promotes the use of "plastic money" and online banking. Dr Chipika was speaking at the Quiz and Debate Awards Night and Fundraising Cocktail hosted
#263Tech: What is Cryptocurrency and How does it work?
Cryptocurrency is a form of digital money that is designed to be secure, invisible than hard currency and specifically works in automated banking systems. It is a currency associated with the Internet that uses cryptography. Remember, cryptography is the process of converting legible information into an
#263Tech: Zimbabwe A Victim In Africa’s $2Billion Annual Loss To Cyber Criminals
Credible researches say Africa has lost a record US$2 Billion to cyber criminals in 2016 alone, a very shocking revelations considering that many banks in this continent are still ignorant about hacking and other cyber related crimes. Zimbabwe has not been spared either after the Reserve Bank
Understanding Bank ATM Fees
Did you know that an average savings account gets charged $150 annually? Now multiply this with a bank with 10 000 savings account holders (other banks like CBZ and Steward Bank actually have more) and this translate to $1.5 million. That’s not all, on top