The Reserve Bank of Zimbabwe (RBZ) says it has registered 153 micro-finance institutions since January this year after being satisfied with their capitalisation levels.In a report for micro-finance in...
By Staff reporter | Published: 04 July 2014
The Zimbabwe Stock Exchange's mining index has closed the first half of the year on a marginal recovery gaining 19 percentage points in a year.The resources index which opened the year at 41 points co...
By Staff reporter | Published: 04 July 2014
The Reserve Bank of Zimbabwe has been urged to expedite the setting up of the Credit Reference Bureau which will help enhance credit risk management given the increase in non-performing loans.The Cred...
By Staff reporter | Published: 04 July 2014
SLICE Pizzeria, a new food outlet in Bulawayo, has introduced a new brand of pizza baked in fire ovens to fill a niche of the market share.The proprietors of the food outlet, Xolani Dube and his wife ...
By Staff reporter | Published: 04 July 2014
Zimbabwe plans to rejoin the London Bullion Marketing Association (LBMA) by the end of next year after complying with the global gold trading centre's requirements.The government is in the process of ...
By Staff reporter | Published: 04 July 2014
CABS has suspended disbursement of monies to the Youth Fund due to the high rate of default on re-payments.CABS managing director Kevin Terry told a Parliamentary Portfolio Committee on Youth, Indigen...
By Staff reporter | Published: 04 July 2014
MEIKLES Limited, a leading retail and hotel group, is in the process of acquiring a 51% shareholding in a group of gold mines in the Matabeleland area valued at $3 million, an official has said.Accord...
By Staff reporter | Published: 03 July 2014
LENDING by microfinance institutions (MFIs) has remained skewed towards consumptive lending at the expense of supporting small and medium enterprises that are critical to economic development, the Res...
By Oliver Kazunga | Published: 03 July 2014
THE average ratio of non-performing loans (NPL) to total advances rose marginally in three months to March as the weak economy militated against borrower's ability to repay.However in spite of this, b...
By Staff reporter | Published: 03 July 2014
THE Insurance and Pensions Commission (IPEC) has revealed that only 12 of the 25 licensed insurance companies have complied with the minimum capital requirement of $1,5 million by the end of last mont...
By Walter Muchinguri | Published: 03 July 2014
THE High Court has ordered Altifin Insurance to pay the Cotton Company of Zimbabwe about $117 000 plus interest which arose from an insurance claim raised by the cotton producer.High Court Judge Justi...
By Staff reporter | Published: 03 July 2014
When you sit with ideas and you want to go places, it is often one of the hardest tasks to figure out how to lead without authority. Good leaders know they should unlock the potential of people by giv...
By Regenesys | Published: 03 July 2014
Cabinet has approved proposals to establish a debt management system to monitor local and external borrowings by government institutions.The proposed setting up of the Zimbabwe Debt Management Office ...
By Staff reporter | Published: 03 July 2014
The consumer basket for a family of six has marginally decreased by 0.67 per cent to $588.07 in June from $592.97 due to a minimal decline of prices of goods in the basket in June.According to the Con...
By Staff reporter | Published: 03 July 2014
The Reserve Bank of Zimbabwe (RBZ) says mobile banking is an important driver of transactions in the financial sector as it caters for millions of people who do not have accounts.RBZ Governor, Dr John...
By Staff reporter | Published: 03 July 2014
The equities market continuing on a downward trend as macro-economic fundamentals remain weak.Eight counters trading in the negative, while only three traded positively today.This led the industrial i...
By Staff reporter | Published: 03 July 2014
Telecel Zimbabwe's mobile money transfer system, Telecash, has handled $15 million since its inception early this year as the company seeks to increase its visibility in the mobile money space.The loc...
By Staff reporter | Published: 03 July 2014
The strict regulations imposed by the World Health Organisation (WHO) against the tobacco industry have caused an outcry for fairness and consideration by the international tobacco community.A meeting...
By Staff reporter | Published: 03 July 2014
ZB Financial Holdings says it is looking for looking for "third party" investors for its banking arm in a bid to meet the Reserve Bank of Zimbabwe's comprehensive re-capitalisation requirements.All co...
By Staff reporter | Published: 03 July 2014
The Reserve Bank of Zimbabwe (Debt Assumption) Bill has been submitted to Parliament for review as the move to re-capitalise the central bank and restore its core functions gathers momentum.The Bill, ...
By Staff reporter | Published: 03 July 2014
AIM-listed multi-commodity resource development company African Consolidated Resources (ACR) has extended the date for payment of the outstanding consideration of $7,5 million for the purchase of Falc...
By Staff reporter | Published: 03 July 2014
The Confederation of Zimbabwe Industries (CZI) has said Zimbabwe's economy needs re-engineering as a number of local companies' operating models are still based on an obsolete import substitution mode...
By Staff reporter | Published: 03 July 2014
The Reserve Bank of Zimbabwe says it awaits the passage of the Debt Assumption Bill in parliament in order to start its operations on a clean balance sheet.Earlier on this week, central bank Governor ...
By Staff reporter | Published: 02 July 2014
The Ministry of Finance and Economic Development has been taken to task over why the Zimbabwe Revenue Authority continues to levy high taxes on an industrial base which is shrinking due to economic ch...
By Staff reporter | Published: 02 July 2014
Telecel Zimbabwe says mobile phone companies are being prejudiced of potential business and revenue by the high prevalence of traffic refilling.General manager Angeline Vere on Monday appealed to gove...
By Staff reporter | Published: 02 July 2014
Mnangagwa faces political crossroads 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe's July inflation shows mixed trends 
Mohadi tours Dinson steel plant 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
