Civil servants start getting bonuses
Civil servants will start getting their annual bonuses this month with the last groups being paid out next month. The payments are based on the 41 percent salary rise and … Read More
Category: Finance
Zimdollar eases, SMEs put record bids
The Zimbabwe dollar eased one 25th of a percent against the US dollar, or 3,6 Zimbabwean cents in yesterday’s auction to move to $81,7102 to US$1 from $81,6741 last week, … Read More
Why it’s taking weeks for firms to access alloted forex
Delays currently being experienced by firms in accessing foreign currency alloted to them at the auction trading system are teething problems and the central bank is working flat out to … Read More
The role of deposit protection in promoting financial inclusion
Financial inclusion is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society. In Zimbabwe, the Deposit Protection Corporation (DPC) is part to … Read More
FBC Holdings Q3 income up 59 percent
FINANCIAL services group, FBC Holdings Limited, says its total income rose by 59 percent to ZWL$6,3 billion in the third quarter ended 30 September 2020 compared to the same period … Read More
Covid-19 reduces incomes by 50 percent
INCOMES and food sources for most rural communities were reduced by more than 50 percent due to Government’s Covid-19 containment measures, which were necessary to stop the spread of the … Read More
Plan to merge council, Zesa pre-paid bills
All council debtors will soon have a portion of the money they owe local authorities being deducted by Zesa each time they purchase prepaid electricity, a Government official has said. … Read More
Pension funds need to evolve
Over time businesses and economies evolve; some thrive, while others die. But the best ones are always flexible enough to align themselves with a prevailing direction. Although the Covid-19 pandemic … Read More
AfDB postpones investment forum to next year
THE African Development Bank (AfDB) has postponed to next year the Africa Investment Forum that was slated for Johannesburg, South Africa this month. The forum has been rescheduled due to … Read More
Zim-dollar continues fine run
THE Zimbabwe dollar saw its smallest move since the start of the auction system on Tuesday, easing one ten thousandth of one percent and effectively remaining unchanged at $81,67 to … Read More
