RBZ bouyant over Zimdollar
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says he is doing everything in his power to maintain a four-month stretch of exchange rate stability achieved since the introduction of … Read More
Category: Finance
Zimbabwe Collects Revenue Over Target in Third Quarter
(Bloomberg) — The Zimbabwe Revenue Authority collected 57 billion Zimbabwe dollars ($701 million) for the third quarter, surpassing the target of 44.83 billion Zimbabwe dollars, after coronavirus restrictions were eased. … Read More
Limitations of business interruption cover
All things being equal, the purpose of insurance is to mitigate against losses caused by a particular ‘event’. Over the years, insurers have been innovative and developed numerous types of … Read More
2021 budget to prioritise upgrade of small thermal power stations
TREASURY is expected to allocate more funding in next year’s budget for the rehabilitation of small thermal power stations as the country looks to increase power output. Energy and Power … Read More
Treasury prioritises women empowerment
Treasury has committed to prioritise women emancipation as part of efforts to address the social inequalities and strike a gender balance in all spheres of the economy. Finance and Economic … Read More
MPs demand greater role in Budget
Members of Parliament want to play a greater role in national Budget processes to ensure the disbursement of money to priority areas for the budget to have a meaningful impact … Read More
Zimdollar remains solid
For the second week running, the Zimbabwe dollar was virtually unchanged against the US dollar at the weekly auction, shifting just one two hundreth of one percent to $81,3499 from … Read More
Restructuring Agribank bodes well for agricultural financing
IN her post-Cabinet briefing with journalists last Tuesday, Information, Publicity and Broadcasting Services Minister Senator Monica Mutsvangwa announced the approval of the restructuring of Agribank into a land bank in … Read More
Nssa targets rural folk, informal sector
THE National Social Security Authority (Nssa) has gone on a drive targeting rural communities where it seeks to alleviate the plight of injured pensioners. Under the same programme, the State-owned … Read More
Banks wary of govt’s $18bn stimulus
BANKS are treating state guarantees extended under the government’s Covid-19 stimulus package with caution, business revealed last week, warning the country to brace for extensive de-industrialisation in the absence of … Read More
