FINANCIAL SERVICES

'Banks should focus on savings deposits'

RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

'80% of Zimbabweans have no savings'

NEARLY 80% of Zimbabweans neither have savings nor an emergency fund to fall back on, a new report on workers' spending patterns says.According to a survey carried out by the Industrial Psychology Con...

By staff reporter | Published: 11 October 2019

BUSINESS NEWS

Cambria Africa expects savings of US$400 000

CAMBRIA Africa Plc expects savings of about US$400 000 in the current financial year in company compensation thanks to a recently completed re-organisation of the group, a company official said.Cambri...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

RBZ issues 7% savings bond

THE Reserve Bank of Zimbabwe (RBZ) is issuing a seven percent savings bond and has invited subscription from individual and business investors.The apex bank indicated that the seven percent savings bo...

By Staff reporter | Published: 27 September 2017

OPINION

Savings as solution to SME financing

Cash in hand allows the business flexibility to take immediate advantage of opportunities when they arise, but also gives the SME a critical cash cushion when things turn out not so well during lean p...

By Dr Sanderson Abel | Published: 16 August 2017

OPINION

Consequences of low national savings

Saving is the process of setting aside a portion of current income for future use. The resources accumulated in this way over a given period of time are referred to as "savings”. Savings may take th...

By Sanderson Abel | Published: 21 July 2014

INDUSTRIALS & ENERGY

Astra aims for 10% production cost savings

Astra will focus on cost containment strategies in the year to December 2014 and expects the integration with Kansai Plascon's supply chain will save at least 10% of production costs, finance director...

By Staff reporter | Published: 28 March 2014

TELECOMS & TECHNOLOGY

EcoCash adds savings account offering

Three million Zimbabweans who use the EcoCash Wallet can now also operate a savings accountEconet Wireless has launched a new service called EcoCashSave, which allows an EcoCash customer to move money...

By Staff reporter | Published: 09 October 2013

HOW TO

Youth live too much for the now

Only about 50% of employed youth contribute to a pension or provident fund and only 13% have a retirement annuity, according to Old Mutual.Lynette Nicholson, head of research at Old Mutual, described ...

By Business reporter | Published: 05 July 2013
Pages:
1

Latest News

Latest Published Reports

Latest jobs