BUSINESS NEWS

TBs appetite dries up

Zimbabwe failed to raise the targeted amount through Treasury Bills in the last two auctions, underlining the huge disconnect between inflation "realities" being experienced by investors and expectati...

By Staff reporter | Published: 18 October 2019

FINANCIAL SERVICES

Fifth TBs batch on the market

THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fifth batch of treasury bills (TBs), seeking to raise ZWL$150 million to finance Government programmes. Last week, RBZ was on...

By Staff reporter | Published: 10 October 2019

FINANCIAL SERVICES

RBZ floats $300m additional TBs

THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fourth batch of treasury bills (TBs), this time seeking to raise ZWL$300 million to finance Government programmes. The latest...

By Staff reporter | Published: 04 October 2019

FINANCIAL SERVICES

RBZ third batch of TBs oversubscribed

THE Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the instrume...

By New Ziana | Published: 30 September 2019

CONSTRUCTION & PROPERTY

Govt speeds up Chirundu-Beitbridge road rehabilitation

Government has engaged four more contractors to speed up road rehabilitation works of the Harare-Beitbridge Highway.Since the ground-breaking ceremony held in Beatrice a few months ago, progress has b...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Govt urged to expedite one-stop border concept at Beitbridge

The Parliamentary Portfolio Committee on Budget, Finance and Economic Development has challenged Government to expedite the implementation of the One Stop Border Post (OSPB) concept at Beitbridge to e...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Beitbridge businessman and Zanu-PF loyalist Chiwa dies

Beitbridge businessman and Zanu-PF loyalist Manu Chiwa has died.Chiwa died on admission at the Beitbridge Hospital after he was involved in an accident on Wednesday night.Matabeleland South police spo...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Zimra collects $230m in Q1 at Beitbridge

The Zimbabwe Revenue Authority (ZIMRA) has recorded a relative increase in revenue levied on commercial cargo which passes through Beitbridge Border Post in the first quarter of the year in comparison...

By Staff reporter | Published: 01 July 2019

POLITICS

Mnangagwa's Politburo meets today

THE Zanu-PF Politburo will convene a meeting at the party's headquarters in Harare today. In a statement yesterday, party spokesperson Simon Khaya Moyo said a Central Committee meeting which had been ...

By Staff reporter | Published: 26 June 2019

TRANSPORT & TOURISM

Air Zimbabwe demands outstanding TBs to purchase an Embraer aircraft

Air Zimbabwe has engaged the Treasury and the Reserve Bank of Zimbabwe for the release of outstanding Treasury Bills (TBs) amounting to US$4 million for the purchase of an Embraer aircraft. Government...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Chaos in Beitbridge after system collapse

SCORES of travellers between South Africa and Zimbabwe were stranded at Beitbridge yesterday when a systems failure hit the South African immigration office affecting biometric processing of arrivals ...

By Staff reporter | Published: 09 June 2019

FINANCIAL SERVICES

ZB's TB holdings up 25%

Half of ZB Financial Holdings Ltd's Treasury Bills (TBs) will mature in the current financial year and the institution will increase its stock of the paper as it becomes available, chief executive Ron...

By Staff reporter | Published: 03 May 2019

FINANCIAL SERVICES

MetBank names Marandure new chairperson

METBANK has announced the appointment of a new chairperson who takes over from Wilson Manase whose tenure has expired.In a statement, the bank said Darlick Marandure took over from Manase in June 2018...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

Man caught with fake customs stamps in Beitbridge

The Department of Immigration and other border agencies have arrested a 30-year-old man believed to be part of a syndicate using fake immigration and customs stamps to clear travellers and goods betwe...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

Travellers hail Beitbridge border post authorities

ZIMBABWEANS and travellers from South Africa have commended authorities at Beitbridge Border Post for embracing border efficiency management systems which has resulted in improved service this festive...

By staff reporter | Published: 21 December 2018

OPINION

Why Beitbridge should fit into National Ports Authority scope

The quest to boost productivity in industries and to grow the national economy has seen Zimbabwe, like any other progressive nation in the world, coming up with a raft of measures to remove trade barr...

By Thupeyo Muleya | Published: 21 December 2018

BUSINESS NEWS

Volume of travellers in Beitbridge increases

There is increased activity at Beitbridge Border Post as Zimbabweans based in South Africa are coming back home for the Christmas and New Year's holidays. Long queues of vehicles and people have been ...

By Staff reporter | Published: 20 December 2018

FINANCIAL SERVICES

GetBucks cautious on mortgage loans

GetBucks Microfinance Bank CE Terrence Mudangwe says the financial institution is treading cautiously in the issuance of mortgage loans, given the nature of its assets on the market, but is leveraging...

By Staff reporter | Published: 07 December 2018

POLITICS

Politburo meeting postponed

THE Zanu-PF Politburo meeting which was set to be held in Harare tomorrow to discuss a number of issues ahead of the party's national people's conference in December, has been postponed to December 5....

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Beitbridge-Masvingo highway project begins

Work to widen and upgrade the Beitbridge-Masvingo highway has finally begun in Chivhu with graders and earthmoving equipment now busy carrying out detour works on the first 10 kilometer stretch.The pr...

By Staff reporter | Published: 20 November 2018

TRANSPORT & TOURISM

NSSA finds investor for Beitbridge hotel

THE National Social Security Authority (NSSA) is finalising an agreement with a leading hotel company that will see its closed Beitbridge hotel facility being re-opened. The proposed venture is likely...

By Staff reporter | Published: 17 September 2018

POLITICS

Beitbridge MP Nguluvhe torches 'tribal' storm

BEITBRIDGE East legislator Albert Nguluvhe (Zanu-PF) has torched a storm in the border town after he posted a comment on social media that has been interpreted as tribal and discriminatory.The legisla...

By Staff reporter | Published: 13 September 2018

FINANCIAL SERVICES

Metbank to focus on mortgage financing, e-banking

METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote financial inclusion under a strategic plan that will determine the direction of the i...

By Staff reporter | Published: 12 September 2018

POLITICS

Politburo agreed to retain Mudenda as the Speaker

PARLIAMENT today elects the Speaker of the National Assembly, Senate President and their deputies. Zanu-PF yesterday caucused on the matter at the ruling party headquarters in Harare. The appointments...

By Staff reporter | Published: 11 September 2018

POLITICS

Mnangagwa's Politburo meets

The Zanu-PF Politburo is meeting today where it is expected to discuss a number of issues following the party's resounding win in the July 30 harmonised elections. Although the agenda of the meeting w...

By Staff reporter | Published: 10 September 2018
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