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SMEs 4ED launched
The Small and Medium Enterprises for Economic Development (SMEs for ED) Harare Chapter has been launched, and immediately pledged to mobilise voters for Zanu-PF Presidential candidate President Mnanga...Published: 03 Jul 2023 at 07:04hrs | 6 | by Staff reporter
Foreign investors line up new bank in Zimbabwe
A group of domestic and foreign investors has lodged an application with Zimbabwean authorities to roll out an investment bank, the first such institution since investment banks were toppled under the...Published: 10 Sep 2021 at 07:35hrs | 7 | by Staff reporter
Tribalism and politics in Zimbabwe
Tribalism regularly comes into play in Zimbabwe. sometimes it is in terms of political rivalry and competition. at other times it is based on a friendly joking relationship between different tribes....Published: 14 May 2021 at 07:00hrs | | by Fay Chung
Zimbabwe targets tax cuts for SMEs
The Zimbabwe Revenue Authority (Zimra) plans to cut taxes for small to medium enterprises (SMEs) as part of efforts to help them formalise their operations through compliance.A working paper t...Published: 03 Jun 2018 at 08:20hrs | | by Staff Reporter
67% of Zimbabweans shun banks
AN estimated 67 percent of Zimbabweans remain financially excluded as confidence in the financial services sector remains low.In previous years, several people lost their life savings followin...Published: 22 Oct 2017 at 13:46hrs | | by Staff reporter
US$ shortage spurs pyramid schemes
ZIMBABWEANS have taken to developing their own unique pyramid schemes to get hard cash as the hunt for the United States dollar intensifies.Amid growing shortages of the dollar from the market...Published: 05 Feb 2017 at 07:58hrs | | by Staff reporter
Chinamasa warns financial institutions
Government has warned banks and other financial institutions against engaging in "unethical standards and practices" such as charging depositors for opening bank accounts, as Treasury seeks to cre...Published: 12 Jan 2017 at 06:42hrs | | by Staff reporter
'Zimbabwe not going rand route'
BANKING sector lending to the Small to Medium Enterprises sector has gone down by about 1,7 percent in the last three years as the country's biggest source of employment continues to receive the least...Published: 10 Jul 2016 at 09:51hrs | | by Roberta Katunga
RBZ sets up over 3 000 banking agents
MORE than 3 000 banking agents have been set up around the country as the Reserve Bank of Zimbabwe and the financial services sector intensify implementation of the financial inclusion strategy. ...Published: 30 Jun 2016 at 08:48hrs | | by Staff reporter
Ecobank targets the unbanked across Africa
PAN African banking group, Ecobank has unveiled a plan that aims to boost financial inclusion for those currently unbanked across Africa. The plan mainly targets people in rural areas and emer...Published: 21 Jun 2016 at 00:20hrs | | by Enacy Mapakame
Nyoni has solution for Chinamasa
The long decade of economic decline (1998 - 2008) and the new era which saw the introduction of multiple currencies resulted in the emergency of the informal sector. Both periods, that is, the 1998 - ...Published: 24 Mar 2016 at 05:21hrs | | by Dr Gift Mugano
Econet launches EcoCash Ta!
Econet Wireless is not letting up on innovation, announcing yesterday it has launched a tap and go payment system called EcoCash Ta!The mobile network operator said that the service will enabl...Published: 11 Dec 2015 at 05:26hrs | | by Business Reporter
Zimbabwe horror of 2008 back, says Analysts
Analysts say Zimbabwe has once again hit the depths of humanitarian and economic despair that were last experienced in 2008, when the country's seemingly unending political crisis precipitated an eco...Published: 12 Aug 2015 at 12:58hrs | | by Staff reporter
Mugabe's salary infuriates opponents
Outraged opposition parties say President Robert Mugabe has shown beyond reasonable doubt that he is now out of touch with reality and should step down.This followed the nonagenarian leader's ...Published: 07 Mar 2015 at 15:05hrs | | by Staff reporter
Zimbabweans earn paltry $3,50 a day
About 60% of Zimbabwe's seven million adult population, aged 18 years and above, earn below US$3.50 a day, a research has revealed. This is less than a fifth of the country poverty datum line ...Published: 20 Feb 2015 at 08:58hrs | | by Staff reporter
70% of Zimbabweans shun banks - research
AN estimated 70 percent of the country's population prefers keeping its money under "pillows and mattresses despite the increase in financial inclusion mainly driven by mobile money platform, the Fin...Published: 18 Feb 2015 at 06:31hrs | | by Staff reporter
'Banks trying to sabotage the economy,' says Chinamasa
Finance minister Patrick Chinamasa has attacked the banking sector, blaming some financial institutions of attempting to drive the economy on its knees since the adoption of multiple currencies five y...Published: 16 Jan 2014 at 07:09hrs | | by Staff reporter
Half of Zim population are businesspeople
ZIMBABWE'S economy has gone informal with approximately half the population of the country being entrepreneurs amid revelations that there are 5,7 million people working in the Small and Medium Enter...Published: 23 Jun 2013 at 19:20hrs | | by Staff Reporter
Mugabe blasts rogue bankers
HARARE - President Robert Mugabe has said rogue bankers were contributing to the waning confidence in the financial services sector by the Small and Medium Scale Enterprises (SMEs). Muga...Published: 20 Jun 2013 at 14:21hrs | | by Staff Reporter
SMEs generate up to US$7 billion - survey
The Small to Medium Enterprises (SME) sector generated revenue amounting to US$7 billion in 2012 according to the Finscope Zimbabwe 2012 Small and Medium Enterprises Survey Report.The Finscop...Published: 20 Jun 2013 at 14:14hrs | | by Staff Reporter
Mugabe slams Zimbabwe banks
President Mugabe has slammed banks for failing to harness the $7.4 billion believed to be circulating outside the formal economy saying it was a disturbing fact after it emerged that only 14% of small...Published: 19 Jun 2013 at 17:58hrs | | by Business reporter
Most Zimbabweans not accessing banking facilities - survey
ZIMBABWE'S financial services sector is faced with a generally high level of financial exclusion, a survey has shown. FinMark Trust, in conjunction with the Ministry of Finance and the Zimbabwe Nation...Published: 21 May 2012 at 06:05hrs | | by Staff reporter
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