CBZ Holdings (CBZH) reported a surprisingly decent set of results for the full year ended 31 December 2017 despite several constraints such as cash shortages, forex shortages and a transitioning economy.
Central African Building Society (CABS) has today signed a US$25 million deal with the African Development Bank group expected to help enhance the country's industrialization programme and drive economic development in line with the agenda of the new political dispensation. Speaking at the signing ceremony of
The Reserve Bank of Zimbabwe (RBZ) has set aside US$10 million to support income generating projects for youth as the government moves to address gaps that have seen young people accessing only 3.65% of banking sector loans in the country. Speaking at the CBZ Youth Entrepreneurs
RBZ’s export incentives from 05 May 2016 to 31 December 2017 sterilised mineral royalty revenue by a discounting factor of nearly 86%. This obviously hurts the government’s desire to create fiscal space, when revenue generation is constricted my toxic incentives
According to ZIMCODD, Chinese national have maintained their position (not accepting plastic a move which is inconveniencing consumers.
According to the monetary policy issued on Wednesday by the Reserve Bank of Zimbabwe Governor John Mangudya, the increase in deposits was partly attributable to increased export receipts among other factors
Reserve Bank Of Zimbabwe Governor, Dr John Mangudya says contrary to public opinion, Zimbabwe has no liquidity crisis as there are enough Real Time Gross Settlements (RTGS), which are a true measure of a functioning economy. Mangudya who was speaking at a handover ceremony of the
Unlicensed tourism operators have up to March 31 to have their papers in order or risk facing prosecution as government moves to restore sanity within the tourism industry, a cabinet minister has said. Tourism and Hospitality Industry Minister, Prisca Mupfumira told delegates who attended the handover
Following a successful financial year in which they posted a double digit percentile increase in profit, National Social Security Authority has promised to hand out a bonus payment equivalent to a "13th Cheque" to all its pensioners together with their December 2017 payouts. Addressing journalists during
Former Reserve Bank of Zimbabwe (RBZ) Governor, Dr Gideon Gono says the newly sworn president, Emmerson Mnangagwa will shock the world by taking the country from the current economic turmoil to a global powerhouse. Dr Gono was speaking to 263Chat on Friday last week after Mnangagwa's
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