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High interest rates choking Zimbabwe currency borrowing

Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that continue to burden local currency debtor…

Published: 10 Nov 2024 at 11:02hrs | 187 | by Staff reporter

Bulawayo residents urge govt to stop borrowing

BULAWAYO residents who attended the parliamentary public hearings on the Public Finance Management Amendment Bill yesterday said government should desist from its spendthrift tendencies and stop borrowing above the stipulated gross domesti…

Published: 11 Jun 2021 at 07:41hrs | 4 | by Staff reporter

BCC approves request for borrowing powers

THE Bulawayo City Council (BCC) has approved a request by its finance and development committee to seek $174 million borrowing powers from the Local Government ministry to undertake various capital projects.The council has also engaged a c…

Published: 21 Jul 2018 at 11:33hrs | 142 | by Staff reporter

Borrowing/lending friends money

LET'S start by getting the syntax right, you borrow from and lend to. The concern here is on the informal means of borrowing/lending, not the official route of doing borrowing or lending.That being out of the way now let's deal with the re…

Published: 23 Mar 2016 at 05:31hrs | 5 | by Morris Mpala, MoB Capital

Borrowing responsibly: Africa's debt challenge

Countries may be borrowing too much and too fast It's been a rough year for the West African countries most affected by the Ebola virus that has ravaged their communities and crippled their economies, disrupting agriculture and trade.Forec…

Published: 17 Jun 2015 at 17:48hrs | 4 | by Jocelyne Sambira

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Search / Borrowing

High interest rates choking Zimbabwe currency borrowing

Bulawayo residents urge govt to stop borrowing

BCC approves request for borrowing powers

Borrowing/lending friends money

Borrowing responsibly: Africa's debt challenge

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