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IDBZ in ZWL866 Million Loss for 2019 As Economy Bites

Harare – The Infrastructural Development Bank of Zimbabwe (IDBZ) recorded a loss of ZWL$866 million for the year 2019 on the back of a...

Zimbabwe’s Largest Ferrochrome Producer Forecasts Output to Reach One Million Tonnes

VICTORIA FALLS - Zimbabwe’s ferrochrome output will rise by almost half to one million metric tonnes by 2022, from a projected 419...

US Fines Standard Chartered Bank $18 Million for Busting Zimbabwe Sanctions

HARARE - The United States of America has slapped global banking powerhouse, Standard Chartered Bank plc with a US$18 million fine for busting sanctions...

Zimbabwe to Cut Power to Mines, Others Over $77 Million in Unpaid Bills

HARARE – Zimbabwe's State-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other users as it...

Stanbic Wins Prestigious Banking Award

STANBIC Bank has reclaimed the Best Bank in Zimbabwe title awarded by the European, Middle East and Africa, EMEA Finance at the...

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