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ZiG acceptance grows across Zimbabwe economy
The Reserve Bank of Zimbabwe (RBZ) has observed a growing acceptance of the local currency, ZiG, by both businesses and individuals, which aligns with the central bank's efforts to stabilize the econo...Published: 24 Jul 2024 at 08:54hrs | 2080 | by Staff reporter
Mnangagwa confirms structure to 'drip feed' ZWG into economy
Deputy Minister of Finance, Economic Development, and Investment Promotion, David Mnangagwa, acknowledged that the introduction of the Zimbabwe Gold (ZWG) currency in April has been characterized by a...Published: 01 Jul 2024 at 13:34hrs | 9 | by Staff reporter
RBZ moves to boost ZiG circulation
The Reserve Bank of Zimbabwe (RBZ) has announced a plan to increase the circulation and divisibility of Zimbabwe Gold (ZiG) coins by urging the public, vendors, and transport operators to obtain coins...Published: 06 Jun 2024 at 07:51hrs | 2 | by Staff reporter
Mnangagwa must not exempt state entities from scrutiny
GOVERNANCE watchdogs has demanded that President Emmerson Mnangagwa discard his gazetted General Notice 164B of 2024 which exempts 21 key state entities from complying with the Public Procurement and ...Published: 21 Feb 2024 at 20:03hrs | 19 | by Staff reporter
Mnangagwa govt is getting crazier
IF you are a Zimbabwean citizen or resident and still want to live on, you need super strong shock absorbers because the Mnangagwa administration is capable of crazy things that can easily kill you....Published: 11 Feb 2024 at 21:07hrs | | by Staff reporter
Mnangagwa exempts 21 entities from scrutiny
President Emmerson Mnangagwa has exempted 21 public entities from scrutiny in procurement and disposal of assets.The Reserve Bank of Zimbabwe, AFC Commercial Bank, Infrastructure Develop...Published: 09 Feb 2024 at 06:58hrs | | by Staff reporter
Smaller gold coins trading begins
THE Reserve Bank of Zimbabwe (RBZ) yesterday opened doors for members of the public to walk into any local bank and registered agencies to purchase smaller units of Mosi-oa-Tunya gold coins as an alte...Published: 16 Nov 2022 at 05:13hrs | | by Staff reporter
85% of gold coins sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) has revealed that 1 500 gold coins were sold by its agents during the first week of their release onto the market, signalling a strong demand for the yellow metal cu...Published: 02 Aug 2022 at 06:53hrs | 5 | by Staff reporter
RBZ releases only 2 000 gold coins
THE Reserve Bank of Zimbabwe (RBZ) yesterday released 2 000 Mosi-oa-Tunya gold coins worth US$3,6 million onto the market and indicated that it would introduce smaller denominations to cater for the l...Published: 26 Jul 2022 at 06:40hrs | 6 | by Staff reporter
Zimbabwe gold coins start circulating
THE Reserve Bank of Zimbabwe (RBZ) yesterday released the first batch of 2 000 Mosi-oa-Tunya gold coins into the market to provide a store of value alternative to the US dollar in a development expect...Published: 26 Jul 2022 at 06:36hrs | | by Staff reporter
Woman collapses and dies in Bulawayo CBD
A Bulawayo woman, Wednesday, collapsed and died at the corner of 10th Avenue and Fort Street in the Bulawayo city centre.She was said to have been coming from seeing a doctor at a local facili...Published: 14 Jul 2021 at 15:46hrs | | by Staff reporter
RBZ to sell Fidelity Printers & Refinery
Reserve Bank of Zimbabwe has announced its intention to unbundle and dispose of part of its stake in Fidelity Printers and Refiners.According to a statement from RBZ governor John Mangudya, th...Published: 16 Dec 2020 at 15:09hrs | 1 | by Staff reporter
Govt has no shares in Impala, says Dondo
IMPALA Car Rental chief executive officer Mr Thompson Dondo has opened up about the genesis of the business and ownership structure. The Sunday Mail last week tracked Mr Dondo to get a deeper understa...Published: 06 Dec 2020 at 07:47hrs | | by Staff reporter
Powerful political enemies out to finish Magaya
Prophetic Healing and Deliverance Ministries found and preacher Walter Magaya is a household name in Zimbabwe. Magaya commands crowds that would make any politician jealous and envious of the pr...Published: 29 Aug 2019 at 14:35hrs | | by Nicholas Ncube
Homelink aims to support start-ups
FINANCIAL services entity, Homelink, says it has come up with a programme to support the growth of micro enterprises as part of its initiative to boost economic growth.The company has come up ...Published: 27 Aug 2019 at 07:44hrs | | by Staff reporter
Prophet Magaya unscathed after 6 months of legal trouble
WHEN pictures and videos of Prophet Walter Magaya's burning Yadah Hotel surfaced on Thursday night and early Friday morning, the raging ball of flame sitting on top of the exclusive piece of property ...Published: 07 Jul 2019 at 21:10hrs | | by Staff reporter
Prophet Magaya fails to repay $23 million loan
PROPHETIC Healing and Deliverance (PHD) Ministries leader Walter Magaya and his wife, Tendai, have been taken to the High Court for failure to repay a US$23 million loan to Homelink Finance (Private) ...Published: 10 May 2019 at 06:43hrs | | by Staff reporter
Mohadi clears air on Nuanetsi Ranch ownership
President Mnangagwa has appointed a board of trustees for the Development Trust of Zimbabwe (DTZ) and board of directors for Nuanetsi Ranch Limited. The board of trustees for DTZ are former Mu...Published: 18 Feb 2019 at 07:02hrs | 1 | by Staff reportert
Mnangagwa's govt launches Command Dairy
THE dairy sector is set for a massive revitalisation after Government launched the National Command Dairy programme at Sangano Cooperative Dairy in Makoni last week. Speaking during the launch...Published: 04 Jul 2018 at 07:12hrs | | by Staff reporter
'NUST should do more to revive Bulawayo industries'
NATIONAL University of Science and Technology (Nust) Vice Chancellor Professor Mqhele Dlodlo says his institution should do more to contribute to the revival of Bulawayo industries.The newly a...Published: 05 Jun 2018 at 07:24hrs | 1 | by Staff reporter
Traditional leaders get financial literacy training
ZIMBABWE requires an economic model that empowers communities to develop businesses and create jobs within their immediate environment, National University of Science and Technology (Nust) Vice Chance...Published: 17 May 2018 at 07:08hrs | | by Staff reporter
Homelink sets eyes on Bindura
HOMELINK - a subsidiary of the central bank - says it is engaging construction firms to build low-cost housing units in Bindura under its initiative to construct 30 000 houses by 2018 for middle-incom...Published: 27 Apr 2018 at 11:20hrs | | by Staff Reporter
Manufacturing, tourism get first preference in RBZ facility
COMPANIES in manufacturing and tourism industries will be the first beneficiaries of the Reserve Bank of Zimbabwe's $350 million facilities for entrepreneurs due to severe foreign payment backlogs and...Published: 03 Apr 2018 at 07:01hrs | | by Staff reporter
RBZ wants more financial inclusion for women
THE Reserve Bank of Zimbabwe (RBZ) has called on women nationwide to embrace the financial inclusion programme to foster economic development in the country.Financial inclusion is meant to emp...Published: 26 Mar 2018 at 06:49hrs | | by Staff reporter
RBZ channels $350m to entrepreneurs
THE Reserve Bank of Zimbabwe (RBZ) has availed more than $350 million in loans towards capacitation of entrepreneurs across the country.This comes as the apex bank and the new Government move ...Published: 20 Mar 2018 at 06:14hrs | | by Staff reporter
RBZ mulls firms retooling package
THE Reserve Bank of Zimbabwe (RBZ) is working on providing long-term funding for retooling to local companies ahead of the envisaged massive investment under the new economic order, an official said y...Published: 15 Feb 2018 at 05:37hrs | 1 | by Staff reporter
Oscar Pambuka's house goes under the hammer
TELEVISION presenter, Oscar Pambuka's Houghton Park house in the capital, has been attached by the Sheriff of the High Court of Zimbabwe and is likely to go under the hammer on Friday over an undisclo...Published: 30 Oct 2017 at 05:01hrs | | by Staff reporter
Homelink avails $1,5m to SMEs
RESERVE Bank of Zimbabwe (RBZ) subsidiary Homelink has availed a $1,5 million loan facility to small to medium enterprises as part of efforts to improve small scale businesses. The funding is coming a...Published: 04 Oct 2017 at 06:55hrs | | by Staff reporter
Cross-border traders express gratitude to Grace Mugabe
Cross-border traders have thanked President Mugabe and First Lady Dr Amai Mugabe for ensuring that they get a $15 million facility from the Reserve Bank of Zimbabwe to enhance their operations. ...Published: 30 Aug 2017 at 06:38hrs | | by Staff reporter
Homelink sues Gweru resident over a debt of $26K
A Gweru resident has been dragged to the court by the Homelink (PVT) LTD over a loan debt amounting to $26 016 which despite demand he has failed to settle.Homelink filed summons at the Bulawa...Published: 22 May 2017 at 07:58hrs | 1 | by Stephen Jakes
Stalin Mau Mau faces trial in $800,000 fraud case
Former boxing promoter, Stalin Mau Mau, will be tried at the High Court in a matter in which he is accused of defrauding a local company of Z$42 million (US$763 081, 39) in a botched stand deal so...Published: 16 Jan 2017 at 05:38hrs | 3 | by Staff reporter
Kasukuwere fingers Lacoste in land row
Local Government Minister Saviour Kasukuwere came out guns blazing skating the State media for pursuing factional agendas and misinforming the country's land allocations in Zimbabwe. Kasuk...Published: 13 Sep 2016 at 08:25hrs | | by Staff reporter
Mugabe blasts Kasukuwere for selling land to Prophet Magaya
President Mugabe yesterday blasted Local Government, Public Works and National Housing Minister Saviour Kasukuwere for reportedly selling land earmarked for Harare youths to Prophet Walter Magaya and ...Published: 08 Sep 2016 at 06:37hrs | | by Felex Share
Zimbabwe's bond notes to be printed in Germany
The $200 million worth of bond notes that will be used to incentivise exporters will be printed in Germany, a Reserve Bank of Zimbabwe official has said. RBZ director for Exchange Control Morr...Published: 21 May 2016 at 21:54hrs | | by Walter Muchinguri
Bond notes not permanent, says RBZ
The $200 million worth of bond notes that will be used to incentivise exporters will be printed in Germany, a Reserve Bank of Zimbabwe official has said. RBZ director for exchange control Mr M...Published: 21 May 2016 at 21:51hrs | | by Walter Muchinguri
Germany to print bond notes
Government has hired a German firm to print the $200 million worth of bond notes, a Reserve Bank of Zimbabwe official has said.RBZ director for exchange control Mr Morris Mpofu told delegates ...Published: 21 May 2016 at 06:52hrs | | by Staff Reporter
Kereke accuse Gono
ZANU-PF Bikita West legislator Munyaradzi Kereke yesterday accused former Reserve Bank Governor Dr Gideon Gono of maliciously fabricating rape charges against him to cover up his multimillion- dollar ...Published: 05 Apr 2016 at 06:31hrs | | by Fungai Lupande
Reserve Bank of Zimbabwe backs rand rejection
The Reserve Bank of Zimbabwe governor Dr John Mangudya has backed businesses rejecting South African rand coins saying doing so is acceptable in managing risks associated with weakening currencies. ...Published: 23 Nov 2015 at 05:11hrs | | by Staff reporter
'Cut hefty salaries first,' Kasukuwere tells Harare
Saviour Kasukuwere Local Government minister yesterday challenged Harare City Council officials to cut down on their hefty salaries to reduce the local authority's ballooning wage bill instead of ...Published: 21 Aug 2015 at 08:02hrs | | by Staff reporter
RBZ to launch housing project
Homelink (Pvt) Ltd, through its strategic business unit (SBU) Proplink, will launch the project in which 100 housing units will be built and 80 housing stands will be serviced.Proplink wa...Published: 20 Aug 2015 at 11:52hrs | | by Staff reporter
Homelink to roll out $50 million housing projects
HOMELINK Private Limited plans to roll out 30 000 housing units worth US$50 million countrywide.The company, a unit of the Reserve Bank of Zimbabwe (RBZ), is considering raising part of the fu...Published: 16 Aug 2015 at 08:49hrs | | by Staff reporter
Homelink stands mired in confusion
THERE is confusion over development of stands owned by Reserve Bank of Zimbabwe subsidiary, Homelink, in Parklands, Bulawayo after it emerged that some residents have occupied and erected structur...Published: 15 Mar 2015 at 09:21hrs | | by Roberta Katunga
Two RBZ subsidiaries to resume operations
TWO Reserve Bank of Zimbabwe (RBZ) subsidiaries, Export Credit Guarantee Corporation's (ECGC) and Aurex Private Limited, will resume operations soon, central bank governor John Mangudya has said....Published: 13 Feb 2015 at 05:37hrs | | by Business Reporter
Homelink meets the Zimbabwean diaspora community in Wales, UK- Videos
The Homelink delegation, led by Chairman Morris Mpofu and Chief Executive Officer Mrs S Chorwira who are on a roadshow to sell the company's new projects to the diaspora community today met wi...Published: 05 Nov 2014 at 18:30hrs | | by Staff Reporter
RBZ Homelink Uk Roadshows
(London. 4th November 2014) A high powered delegation from Homelink, a Reserve Bank of Zimbabwe company, incorporated in 2004 to specifically serve Zimbabweans in the Diaspora is in Britain to mee...Published: 04 Nov 2014 at 10:21hrs | | by Thamsanqa Ephraim T
SA company wins bid to buy Homelink
ADDAX Trading, a South African-based company has won the bid to buy Homelink Private Ltd for $22 million, sources familiar with the transaction said.The company won the bid ahead of other cont...Published: 16 May 2014 at 07:07hrs | | by Martin Kadzere
Zimbabwe needs you, Prof Moyo tells exiles
THE government is drawing up a raft of policies to attract skilled Zimbabweans back into the country, a cabinet minister said Thursday night.An exodus of skilled labour owing to a sustained e...Published: 07 Mar 2014 at 13:47hrs | | by Zimpapers
Zanu-PF MP charged with fraud
The High Court has ordered Mutare North legislator Batsiranayi Pemhenayi to pay over $18 000 to Zuzei Mandiyabe whom he defrauded through a botched property sale deal.In a High Court order han...Published: 31 Oct 2013 at 17:05hrs | | by Staff reporter
ZSE Market Report:- Volumes soar as blue chips rally
ZSE's Industrials Index jumped 2.23% at week's ending after a sustained rally in heavily capitalised stocks while volumes improved with the total market turnover rising to its best level so far this y...Published: 11 Jan 2013 at 10:34hrs | | by Business reporter
ZSE Market Report:- Shares extend rally led by heavyweights
Heavyweight counters continued to rally on Thursday driven by growing foreign investor's interest in the ZSE's heavily capitalised counters.The Industrials Ind...Published: 10 Jan 2013 at 10:04hrs | | by Business reporter
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