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Boost for ZiG as reserves near US$1bn

The Reserve Bank of Zimbabwe (RBZ) says reserves backing the Zimbabwe Gold (ZiG) currency have risen by nearly 9% to US$980 million, as the...

Govt urges increased ZiG circulation

GOVERNMENT is working on improving the Zimbabwe Gold (ZiG) currency cash circulation following a public outcry over limited local currency cash in the market,...

UK overtakes South Africa as Zimbabwe’s top source of remittances

The United Kingdom is poised to become Zimbabwe's largest source of remittances in 2025, surpassing South Africa for the first time, according to Finance,...

ZB strengthens capital position, plans banking consolidation

ZB Financial Holdings Limited (ZBFH) says Zimbabwe’s growing macroeconomic stability is opening new avenues for growth across its business operations, while also supporting broader...

EU Introduces €10,000 Cash Payment Cap to Combat Money Laundering

BRUSSELS, Belgium – The European Union has approved a bloc-wide €10,000 cap on cash payments as part of sweeping new measures to strengthen financial...

TN CyberTech’s digital strategy pays off in H1

TN CyberTech Investments Holdings says its digital banking strategy continued to deliver strong returns in the first half of 2025. The bank said this was...

Why AI Models Suck At Investment Banking

The AI spending spree continues apace with no end in sight. In earnings calls Wednesday, Meta, Google and Microsoft all said they would continue...

TN CyberTech plots integration into Zim’s financial ecosystem

TN CyberTech Investments Holdings Limited (TNCIH) plans on integrating its services with supermarkets, asset managers, stockbrokers, insurance companies and mobile money platforms as part...

Old Mutual leverages technology to promote financial inclusion

OLD Mutual Group says it is leveraging fintech to promote financial inclusion and drive economic growth as the technology has potential to extend financial...

China Boosts Gold Holdings as Beijing Seeks to Cut Reliance on US Dollar Amid Tariff Tensions

BEIJING,– China has sharply increased its gold holdings this year as Beijing steps up efforts to reduce reliance on the US dollar and cushion...

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