BUSINESS NEWS

RBZ warns against fake social media scam impersonating Mushayavanhu

The Reserve Bank of Zimbabwe (RBZ) has dismissed as false a social media post claiming that its Governor, Dr. John Mushayavanhu, is backing an initiative promising monthly earnings of US$6,500 for Zi...

By Staff reporter | Published: 14 October 2025
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BUSINESS NEWS

Mushayavanhu under fire for outdated monetary assumptions

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...

By Staff reporter | Published: 20 June 2025
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BUSINESS NEWS

Mushayavahu opens up on $29m offshore loan

FBC Holdings Ltd boss John Mushayavanhu says he bought a 51% equity stake in Zuva Petroleum through a 15-year $29,325 million off-shore loan from Glencore, businessdigest can reveal.In an interview th...

By Staff reporter | Published: 03 March 2014
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INDUSTRIALS & ENERGY

Mushayavanhu bags Zuva Petroleum

Businessman and FBC Holdings group chief executive officer John Mushayavanhu has successfully purchased Zuva Petroleum - former BP & Shell assets - from Masawara. This was after regulatory authori...

By Staff reporter | Published: 17 February 2014
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INDUSTRIALS & ENERGY

Mushayavanhu secures $24m to acquire 51% in Masawara Plc's energy portfolio

Local firm Woble Investments, owned by businessman and banker Mr John Mushayavanhu, has managed to secure US$24 million funding that was needed to acquire a controlling 51 percent in Masawara Plc's e...

By Business reporter | Published: 25 August 2013
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