The US Treasury Tuesday banned any dealings with four loyalists of Robert Mugabe.

The Reserve Bank of Zimbabwe issued three new denominations of banknotes on Wednesday, including a one-million-dollar note, as the impoverished country struggles to cope with runaway inflation.

Embattled Reserve Bank of Zimbabwe governor Gideon Gono says he will step down at the end of his term and will not seek to be re-appointed.

The Zimbabwe Military has ordered some banks to go open temporally branches at barracks and camps to pay monthly salaries to the military.

A take on the unfortunate ongoing corporate boardroom battle threatening to tear apart the Kingdom Meikles Africa Limited( KMAL) pitting banker, Nigel Chanakira and John Moxon of Thomas Meikles.

The official statistics saying annual inflation in Zimbabwe has hit 231 million percent.

Banking giant Barclays Bank Zimbabwe has partnered with the National University of Science and Technology Graduate School of Business to sponsor a Masters of Business Administration degree programme in Banking and Finance.

The Reserve Bank of Zimbabwe has introduced Foreign Exchange Licensed Warehouses and Shops (Foliwars), it said today. The Foliwars were being introduced for an initial period of 18 months to March 31, 2010.

The Reserve Bank of Zimbabwe has reversed a blanket ban Bureaux De Changes and licenced 222 of them countrywide on Wednesday.

American Express one of the major credit card and travellers cheque issuing group has stopped its services in Zimbabwe due to lack of business.