Mthuli Ncube’s dramatic new currency flip-flops
GOVERNMENT was stampeded into seeking refuge in the resurrected Zimbabwean dollar — as an emergency — as it feared losing control of the financial levers of the economy through rapid … Read More
Category: Companies
US$ ban piles pressure on employers
The government should channel its entire surplus towards cushioning workers in the face of rising costs and declining incomes, economist Ashok Chakravarti has said. In a wide-ranging interview with Standardbusiness … Read More
3 planes disappear at Air Zimbabwe
The national Airline Air Zimbabwe has failed to account for 3 planes the Daily News on Sunday has reported. The aircrafts which have disappeared are MA60. The Auditor General Mildred … Read More
Agribank weighed down by foreign debt
STATE-owned Agribank says it is struggling to pay up to $30 million in loans secured from South Africa-based Industrial Development Corporation (IDC) due to foreign currency shortages. Agribank CEO Sam … Read More
Informal mining activities give farmers headaches
FOR Esnath Tshabangu, a communal farmer in Filabusi, Matabeleland South province — about 100km south-east of Bulawayo — farming is no longer a profitable business. She used to make a … Read More
Spending Review: What’s it all about?
Welcome to Theme Spiral Demo Sites. This is your first post. Edit or delete it, then blogging
RBZ mops up $2bn excess liquidity
The Reserve Bank of Zimbabwe (RBZ) savings bond has to date attracted $2 billion from the market, and now accounts for around 20 percent of all the real time gross … Read More
Relief for exporters . . . RBZ bends on 30-day retention period . . . Industry proposes up to 180 days
The Reserve Bank of Zimbabwe will allow exporters to keep part of their export proceeds before compulsory conversion to local currency for periods longer than the prescribed 30 days in … Read More
Getbucks posts improved results
GetBucks Microfinance Bank Limited’s loan book for the six months ended December 31, 2018 grew by 52 percent to $32,3 million up from $21,6 million, financial statements released by the … Read More
Art partners Botswana-based firm . . . Company eyes export-led growth . . . Kadoma Paper Mill now operating full throttle
Amalgamated Regional Trading (ART), has secured a partnership deal with a Botswana based firm for the distribution of its products in the Southern African country to increase volume growth as … Read More
