Old Mutual Zimbabwe has secured an operating licence for its microfinance institution from the Reserve Bank of Zimbabwe.The microfinance institution is expected to open its doors to the market in April this year.

Zimbabwe Stock Exchange listed conglomerate, Meikles Limited is currently involved in discussions over a transaction which will culminate in a possible offer to minorities and subsequent delisting from the Zimbabwe Stock Exchange.

As part of efforts to improve informational efficiency in the local capital market, the Zimbabwe Stock Exchange (ZSE) is launching View Only Terminals (VOTs) with effect from 8 February 2017.

CBZ Bank has suspended the local use of Visa cards citing the prevailing foreign exchange shortage.