The Reserve Bank of Zimbabwe has begun disbursement of the $15 million women empowerment fund targeted at supporting women owned business initiatives in the country, Norah Mukura, the central bank's deputy director in the Bank supervision division has said. In an interview with 263Chat, Mukura said
Government could be losing assets including vehicles to shambolic asset registers, the Auditor General, Mildred Chiri has noted. According to the 2016 audit report, Ministry of Industry and Commerce procured four Nissan NP300 vehicles from Nissan Clover Leaf Motors for $119 636 on September 8, 2016
Low commodity prices coupled with tight liquidity conditions and successive droughts effectively slowed down Zimbabwe's economic growth from 1.1 percent in 2015 to 0.7 percent in 2016, International Monetary Fund representative has said. Writing in the IMF Country Report Number 17/196, Country Executive Director, Maxwell Mkwezalamba said
The Ministry of Small and Medium Enterprises and Cooperate Development has called on financial Institutions to partner with government in mentoring Micro, Small and Medium Enterprises (MSME) on good corporate governance, financial literacy to capacitate them to diligently handle finances and run their businesses efficiently
Affirmative Action Group has expressed concern over the takeover of Barclays Bank by a Malawian company saying Zimbabwe will soon face another economic colonization. By Jeoffrey Ncube Addressing a press conference in Harare on Tuesday, AAG President Chamu Chiwanza said Zimbabwe cannot have a British controlled, black
Agribank has so far recorded a year to date profit to 31 May 2017 of $US 1,8 million compared to budgeted profit of $US 463 203 with interest income on capitalization Treasury bills contributing $753 014 to the reported profit, the bank's Chief Executive Officer,
Reserve Bank of Zimbabwe's move to pay an export incentive scheme financed through bond notes seems to be paying dividends with the country recording a 10 and 17 percent rise in tobacco farming and gold production respectively. In his 2017 Monitory Policy Statement released on Wednesday,
“Barclays Bank Zimbabwe would like to assure all their valued customers, clients and stakeholders that the bank is compliant with the Press Statement issued by the Reserve Bank of Zimbabwe on the reduction of cash withdrawal charges dated 12th December 2016. The bank experienced a slight
For the past three months or so, central bank authorities have been advancing efforts to introduce bond notes, which they admit is not money that can be used elsewhere across borders. Their chief motive is to encourage exports by easing cash shortages within the multi-currency
In a move that will likely set him on a collision course with opposition parties and civic groups intensely campaigning against the introduction of bond notes, the newly elected Member of Parliament for Norton Constituency, Temba Mliswa believes marching against Zimbabwe’s contested currency is misplaced. Speaking
You cannot copy content of this page