BUSINESS NEWS

Bon Vie Medical Aid rolls out primary health facilities

NEWLY-FORMED health care services provider, Bon Vie Medical Aid Scheme has set sights at setting up numerous clinics across the country as part of its efforts to improving primary health care delivery...

By Staff reporter | Published: 09 September 2018

FINANCIAL SERVICES

Women's bank to roll-out agent banking facilities

THE Zimbabwe Women''s Microfinance Bank (ZWMB) is in the process of rolling out agent banking facilities as it seeks to improve financial inclusion especially in remote areas, a Cabinet official said....

By Staff reporter | Published: 15 July 2018

BUSINESS NEWS

RBZ secures $1,19bn worth of liquidity facilities

THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions, as it seeks a solution to foreign currency shortages.In a presentation to Parl...

By Staff reporter | Published: 01 June 2018

OTHER

Zimbabwe to get Grand Prix facilities

THE world of motor racing could soon be coming to Zimbabwe after an investor expressed interest in developing the sport's facilities in the resort town of Victoria Falls.Tourism and Hospitality Indust...

By Staff reporter | Published: 07 May 2018

BUSINESS NEWS

ZimTrade urges firms to utilise RBZ facilities

ZIMBABWE'S export promotion body, ZimTrade has urged local companies to utilise the Reserve Bank of Zimbabwe (RBZ) export finance facilities to increase their production and exports.RBZ has provided a...

By Staff reporter | Published: 07 May 2018

TRANSPORT & TOURISM

DIDG / Transnet delegation tours NRZ facilities

A delegation from the Diaspora Infrastructure Development Group (DIDG)/Transnet Consortium was in the country last week for a due diligence engagement with the National Railways of Zimbabwe (NRZ) mean...

By Staff reporter | Published: 07 May 2018

BUSINESS NEWS

Banks sit on RBZ business facilities

A NUMBER of Reserve Bank of Zimbabwe (RBZ) funding schemes are not accessible to businesses due to banks' reluctance to disburse them, an official has said.The apex bank has acknowledged lack of effec...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Companies face export facilities challenges

COMPANIES are struggling to access export financing facilities availed through local banks by the Reserve Bank of Zimbabwe (RBZ) with some banks allegedly expressing ignorance over the facilities' dis...

By Staff reporter | Published: 15 February 2018

BUSINESS NEWS

Nostro facilities sustain critical imports

THE intervention by the Reserve Bank of Zimbabwe (RBZ) in the foreign exchange market through $1.1 billion nostro stabilisation facilities drawdowns last year have significantly assisted in sustainin...

By Staff reporter | Published: 08 February 2018

BUSINESS NEWS

Zim draws down $1,1bn from Afreximbank facilities

The Reserve Bank of Zimbabwe said it drew down as much as $1,1 billion from nostro stabilisation facilities last year extended by the Afreximbank as it sought to stabilise the foreign exchange market...

By Staff reporter | Published: 08 February 2018

FINANCIAL SERVICES

Stanbic revamps home loans facilities

Stanbic Bank Zimbabwe has revamped its home loans offering in a bid to encompass both existing and prospective home owners.In an interview, the bank's acting head of personal and business banking Pats...

By Staff reporter | Published: 28 August 2017

FINANCIAL SERVICES

Agribank lines up $98m agric, export facilities

AGRIBANK has lined up agriculture and export facilities totalling $98 million and about $20 million has so far been snapped up as the bank steps up efforts to play its key mandate of financing agricul...

By Staff reporter | Published: 17 August 2017

FINANCIAL SERVICES

Steward Bank offers mortgage facilities

STEWARD Bank has cut its interests rate to below eight percent and joined the bandwagon of institutions that offer mortgage facilities to clients for housing development.The bold move is likely to exc...

By Staff reporter | Published: 09 August 2017

MINING & RETAIL

Zim platinum producers urged to invest in refining facilities

MINES minister Walter Chidakwa has called on platinum producers to invest in refining facilities, to enable the country to draw maximum benefit from its mineral resources.In a speech read on his behal...

By Staff reporter | Published: 25 July 2017

FINANCIAL SERVICES

Agribank unveils $70 million facilities

The Agricultural Bank of Zimbabwe (Agribank) has unveiled $70 million earmarked to stimulate export trade and horticulture production.Agribank public relations manager Olam Marufu told the businessdai...

By Staff reporter | Published: 04 July 2017

BUSINESS NEWS

Zim fails to utilise dry port facility in Namibia

Zimbabwe has been urged to develop its dry port facilities in Namibia in order to increase its trade reach to the international market.A dry port is an inland terminal directly connected by road or ra...

By Rumbidzai Mashayahanya | Published: 19 March 2014

FINANCIAL SERVICES

Offshore facilities drive CBZ loans up 20%

CBZ Holdings recorded write off totalling $32 million for the year ended 31 December 2013 as the firm continues to mobilise long term funding, CEO John Mangudya told an analyst briefing yesterday.The...

By Staff reporter | Published: 03 March 2014

MINING & RETAIL

Miners eye $35m facilities

SMALL scale gold miners have taken steps to unlock at least $35 million funding facilities from Government amid pledges for assistance from other financiers and investors.Gold Miners Association of Zi...

By Business reporter | Published: 06 September 2013
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