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Zim bank destroyers must be banned from financial sector

LAWMAKERS have demanded the amendment of the Deposit Protection Act (DPA), including ensuring that former managers of failed banks away are kept away from financial institutions to protect depositors and investors, amid indications of plummeting confidence in the banking system. NATHAN GUMA This follows revelations that little has been done to redress challenges brought by…

MPs push for action against delinquency in banking sector - The Zimbabwe Independent

When the Reserve Bank of Zimbabwe demanded action, it sparked off an exodus of bankers, who fled the country.

No more bailouts for banks: Zimbabwe pushes for depositor protection reform – Nehanda Radio

HARARE - A motion that was tabled in Parliament which seeks to amend the Deposit Protection Act (DPA) in order to strengthen protections for ordinary savers in the event of bank closures or liquidations has received tremendous support from legislators.

Bill Watch 11/2024 of 31st March [In Parliament 19th to 21st March & On the Agenda This Coming Week

A Tale of Corporate Fraud, the contrasting Cases of South Africa and Zimbabwe

Corporate fraud has plagued both South Africa and Zimbabwe, with high-profile cases shedding light on the flaws in their respective financial systems. This arti.