Invest Wisely
THE Common Market for Eastern and Southern Africa (Comesa) and AfreximBank) have signed a US$1 billion agreement to implement a regional customs transit guarantee scheme to support countries under the … Read More
Government expects the successful rollout of the National Development Strategy (NDS1 2021-2025) to position the country on a favourable footing to tap into the lucrative opportunities under the African Continental … Read More
THE African Development Bank (AfDB) says Africa’s economic growth prospects are positive with a 3,4 percent projection this year despite the Covid-19 challenges and debt burden facing most economies on … Read More
MILLERS in the southern region are lobbying for suspension of all mealie-meal import permits citing viability concerns caused by the flooding of cheap imported products on the local market. The … Read More
THE water levels at the Mighty Victoria Falls are at a record high but there are few visitors to enjoy this majestic destination owing to constrained international travel induced by … Read More
FUNDING OF FOREIGN EXCHANGE AUCTION APPLICATIONS The Foreign Exchange Auction System which was introduced by the Bank on 23 June 2020 has been successful in achieving price stability in the … Read More
Reserve Bank of Zimbabwe The Reserve Bank of Zimbabwe (RBZ) Tuesday released a list of the Top 100 beneficiaries or companies and individuals from the RBZ Forex Auction since its inception back in … Read More
Finance and Economic Development Minister Professor Mthuli Ncube, has extended the suspension of financial services giant Old Mutual and cement maker PPC’s fungibility by another 12 months. In a notice … Read More
NMB Bank has launched a virtual branch on its digital platforms, which enables customers to make paperless multi-currency cash transactions. The enhanced NMBConnect platform, which was rolled out last week, … Read More
THE credit-only Microfinance Institutions (MFIs’) outstanding loans reached a record high of $1,225 billion in the quarter ended December 31, 2020. In a performance report for the period under review, … Read More
