FINANCIAL SERVICES

Banks increase withdrawals to $100

DEPOSITORS smiled all the way to banks on Monday and yesterday as banks in Bulawayo offered more cash withdrawals of up to $100, both bond notes and United States dollars.Yesterday, scores of deposito...

By Staff reporter | Published: 25 July 2018

POLITICS

Majome's withdrawal sparks anger

The shock withdrawal by Jessie Majome from the MDC primary elections has triggered an outpouring of sympathy and anger from the residents of Harare West constituency who have vowed to derail the oppos...

By Staff reporter | Published: 14 May 2018

BUSINESS NEWS

$300 daily withdrawal limit for tobacco farmers

The Reserve Bank of Zimbabwe (RBZ) has set daily cash withdrawal limit for tobacco farmers at $300 during the 2018 tobacco marketing season which commences on March 21.In a statement, the Central Bank...

By Staff reporter | Published: 07 March 2018

ANNOUNCEMENTS

ZIMR.zw | Withdrawal of Cautionary Statement

Details:The Board of Directors of ZimRe Holdings Limited "ZHL" wishes to advise shareholders and the investing public that negotiations over the disposal of certain assets held by the Company referred...

By ZIMR | Published: 16 October 2017

FINANCIAL SERVICES

EcoCash reduces ATM withdrawals to $50

Econet Wireless Zimbabwe, mobile money service provider, EcoCash has reduced its international ATM withdrawal limits on its MasterCard Debit card to $50 a month, a tell-tale sign that the foreign curr...

By Staff reporter | Published: 04 August 2017

FINANCIAL SERVICES

Agribank phases out manual withdrawals

THE Agricultural Bank of Zimbabwe (Agribank) is phasing out manual withdrawals to embrace electronic and mobile banking payments.The bank is upgrading its information and communication technology (ICT...

By Staff reporter | Published: 04 August 2017

ANNOUNCEMENTS

Hwange Colliery Company Limited - Scheme Of Arrangement And Withdrawal Of Cautionary

HWANGE COLLIERY COMPANY LIMITED(Incorporated in Zimbabwe under registration number 381/1954)ZSE Share Code: HCCL.ZW ISIN: ZW0009011934JSE Share Code: HWA ISIN: ZW0009011934LSE Share Code: HWA ISIN: ZW...

By HWA | Published: 02 August 2017

ANNOUNCEMENTS

MEIK.zw | Withdrawal of Cautionary Statement

Shareholders are referred to the cautionary announcements released by Meikles Limited ("Meikles") on 8 March 2017, 7 April 2017, 5 May 2017 and 2 June 2017. In these announcements the Directors of Mei...

By MEIK | Published: 07 July 2017

ANNOUNCEMENTS

NICO.zw | Withdrawal of Cautionary Statement

The Directors of NicozDiamond Insurance Limited ("the Company") wish to advise shareholders that further to the cautionary announcement made and last renewed on 28 June 2016, the transaction contempla...

By N | Published: 04 July 2017

ZIMBABWE

Banks tighten cash withdrawal limits

The shortage of cash in Zimbabwe continues unabated with banks continuing to tighten screws on withdrawal caps; taking down limits to as low as $50 and $100 per day.The demand for cash has continued t...

By Staff reporter | Published: 12 July 2016

ANNOUNCEMENTS

ABC | Withdrawal of Cautionary Statement

Further to the cautionary announcement published on 1 August 2014, the Company advises all Shareholders that Atlas Mara Co-Nvest Limited (Atlas Mara), a company incorporated in the British Virgin Isla...

By ABC | Published: 29 August 2014

FINANCIAL SERVICES

Banks withdrawal limits illegal, says BAZ

Zimbabweans do not understand how banking systems work hence they usually get a raw deal from bankers who take advantage of their ignorance.Addressing parliamentarians recently, Bankers Association of...

By Staff reporter | Published: 26 March 2014

FINANCIAL SERVICES

CBZ to phase out withdrawal slips

ONE of Zimbabwe leading financial institutions, CBZ Bank will be phasing out the use of cash withdrawal slips with effect from the beginning of next month.In a statement, the bank said individual clie...

By Staff reporter | Published: 10 February 2014

ZIMBABWE

Panic withdrawals reduce bank deposits

According to the RBZ November Monthly economic review broad money recorded an annual decline of 0.46% in November 2013, compared to a growth of 3.16% recorded in October 2013.On a month-on-month basis...

By Staff reporter | Published: 24 January 2014

FINANCIAL SERVICES

Cash shortage looms, banks planning to limit withdrawals

Cash shortages are said to be worsening in Harare, with reports that banks are now planning a series of measures to limit withdrawals.An investigation by SW Radio Africa indicated that some companies...

By SW Radio Africa News | Published: 05 September 2013

FINANCIAL SERVICES

Panic withdrawal hit Zimbabwe banking sector

The banking sector has reportedly been hit by panic withdrawals. Sources said anxiety had gripped the public following uncertainty surrounding the outcome of the just-ended general elections. "There h...

By Business reporter | Published: 07 August 2013

ANNOUNCEMENTS

SACL | Withdrawal of Cautionary Statement

SACL | Withdrawal of Cautionary StatementNotice is hereby given that Star Africa Corporation Limited has withdrawn the Cautionary Statement as updated on 14 May 2013 and hereby gives notice that an Ex...

By SACL | Published: 03 July 2013
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