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 "savingsā€. 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
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