Govt mulls changing prescribed asset status criteria

This helps government to mobilise domestic resources, allowing it to fund its expenditure when it has limited resources.
By Melody Chikono Oct. 9, 2023

Treasury fails to pay US$75m to depositors

Finance minister Ncube said through the central bank, a market determined exchange rate was introduced in SI 33 of 2019, causing a loss of value on deposits.
By Tatira Zwinoira Aug. 11, 2023

DPC pays out $139 million

The six failed financial institutions were Royal Bank, Trust Banking Corporation, Afrasia, Interfin Banking Corporation, Allied Bank and Genesis Investment Bank.
By Mthandazo Nyoni Aug. 31, 2022

Ex-DPC boss charged for ‘looting’ spree

According to investigations by the Zacc, on September 8, 2019 the PDC was invited to attend the 18th International Association of Deposit Insurers Annual General Meeting Conference from October 7 to 11 in 2019 in Istanbul, Turkey.

By The Southern Eye Jun. 12, 2022

Ex-DPC boss charged for ‘looting’ spree

According to investigations by the Zacc, on September 8, 2019 the PDC was invited to attend the 18th International Association of Deposit Insurers Annual General Meeting Conference from October 7 to 11 in 2019 in Istanbul, Turkey.

By The Southern Eye Jun. 12, 2022

Dembo’s music lives on

BY WINSTONE ANTONIO THE music landscape in Zimbabwe cannot be complete without mentioning legendary Leonard Musorowenyoka Dembo, born Kwangwari Gwaindepi. Dembo is arguably the best musician to grace the Zimbabwean music scene. Tragedy struck on April 9, 1996 when the icon, Dembo breathed his last at his prime at the age of 37. He succumbed […]

By The Southern Eye Apr. 8, 2022