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Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 2 | by Staff reporter
Zimbabwe consumer demand remains firm despite currency depreciation
DEMAND within Zimbabwe's consumer sector will remain firm, supported by the informal sector, which makes up the bulk of the economy and shows resilience to macro-economic changes, a research firm has ...Published: 19 Jun 2023 at 06:43hrs | | by Staff reporter
Ex-Morgan & Co boss nabbed for $53m fraud
A FORMER finance manager at Morgan & Co has been arraigned before Harare magistrate Dennis Mangosi facing a charge of converting $53 129 574 to his own use.Kudakwashe Saimon (30) was reman...Published: 29 Mar 2023 at 06:57hrs | | by Staff reporter
Zimbabwe to release smaller gold coins
Smaller Zimbabwean gold coins, as small as a tenth of an ounce, are expected to go on sale in November from the Reserve Bank of Zimbabwe so ordinary people can invest in them and store value for their...Published: 12 Aug 2022 at 06:35hrs | | by Staff reporter
Investors talk up Zimbabwe gold coins
Mosi-oa-Tunya gold coins, which were released into the market by the Reserve Bank of Zimbabwe (RBZ) on July 25, are an alternative investment option to US dollars, stocks and the property market, and ...Published: 07 Aug 2022 at 08:17hrs | | by Staff reporter
Cost of Zimbabwe gold coins to be based on international prices
THE Reserve Bank of Zimbabwe (RBZ) is set to commence the trading of gold coins this month in a bid to introduce an alternative store of value in the market amid optimism that the coins will impact th...Published: 05 Jul 2022 at 21:06hrs | | by Staff reporter
'I'm intentional about provoking empathy' Sue Nyathi
Congratulations on your latest novel! Can you tell us a little about A Family Affair?A Family Affair peers behind the facade of what appears to be a picture-perfect middle class family. The Ma...Published: 03 Nov 2020 at 06:29hrs | 5 | by Staff writer
Mthuli Ncube to launch commodities exchange by end November
Finance Minister Mthuli Ncube says that Government will launch a commodities exchange by end of November as part of efforts to improve the way commodities are marketed in the country.Ncube tol...Published: 27 Oct 2020 at 17:44hrs | | by Staff reporter
'RTGS/USD rate to settle at 1:2,5'
STOCKBROKING firm, IH Securities, believes the scrapping of the 1:1 exchange rate by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya in last week's 2019 Monetary Policy Statement, is revoluti...Published: 25 Feb 2019 at 08:14hrs | | by Staff reporter
Zimbabwe's country risk improves significantly
ZIMBABWE'S country risk has gone down in the past eight months, with investor interest growing following deposition of the country's former president Robert Mugabe, a British-owned stockbroking firm h...Published: 24 Aug 2018 at 06:06hrs | | by Staff reporter
'Zimbabwe stock-broking backward'
ZIMBABWE's stock-broking is backward compared to regional players, with the sector lacking product diversification, recently-established broker Morgan & Co Zimbabwe (Morgan) has said.David...Published: 24 Aug 2018 at 06:04hrs | | by Staff reporter
UK stockbroker to woo FDI to Zimbabwe
The Securities and Exchanges Commission of Zimbabwe (SECZ) has licensed a new strockbrocking firm, Morgan & Co, owned by British investors and two indigenous partners, which has pledged to influen...Published: 16 Jul 2018 at 06:49hrs | | by Staff reporter
British banker opens stockbroking firm in Zimbabwe
A consortium of British fund managers, led by Nigel Little, has been approved to open stockbroking firm in Zimbabwe, the ...Published: 05 Jul 2018 at 11:19hrs | | by Staff reporter
Chirume faces ZSE chop, sent on forced leave
ALBAN Chirume, the chief executive officer (CEO) of the Zimbabwe Stock Exchange (ZSE), who was suspended this week for sanctioning a listed entity's cash call, despite reservations from the listing co...Published: 09 Feb 2017 at 05:37hrs | 1 | by Staff reporter
Corruption levels alarming, admits Chinamasa
CORRUPTION in both public and private sectors has reached "alarming proportions" and is stifling growth, revenue mobilisation efforts as well as scaring away investors, Finance and Economic Develo...Published: 12 Sep 2016 at 23:36hrs | | by Martin Kadzere
Strong first-half earnings performance by Imara
Imara, the pan-African financial services group, has reported "pleasing" earnings growth for the six months to October 31, 2014, with profit after tax of P10.94 million, up 85% from P5.9 million in th...Published: 26 Jan 2015 at 18:29hrs | 1 | by Staff reporter
Swedish firm wins ZSE CSD contract
SWEDISH company CMC Markets has been assigned to set up the Zimbabwe Stock Exchange's Central Securities Depository as the domestic bourse moves in line with global trends of paperless securities trad...Published: 26 Jul 2013 at 03:47hrs | | by Business Reporter
Kingdom voluntarily surrenders stockbroking licence
KINGDOM Stockbrokers is said to have voluntarily surrendered its licence citing viability concerns emanating from low volumes of business.Kingdom Stockbrokers did not attend ZSE trading today ...Published: 07 Feb 2013 at 06:26hrs | 1 | by Business reporter
Hunyani reports muted performance
Hunyani reported a muted financial year ended 2012 performance as overall group volumes fell by 10% which was attributed to disposal of non-core operations and weak domestic demand. Revenue from conti...Published: 30 Jan 2013 at 09:49hrs | | by Business reporter
Interfin, Remo stockbroking licences cancelled
The Securities Commission cancelled the licences of Interfin Securities and Remo following the suspension and investigations of the stockbroking firms.Rufaro Zengeni (from Interfin Securities)...Published: 08 Jun 2012 at 10:42hrs | 1 | by Business reporter
NSSA irregularities unearthed
MORE gross irregularities were unearthed in the operations of the National Social Security Authority (NSSA), including lack of a comprehensive risk assessment, unapproved organisational structure, un...Published: 26 May 2012 at 04:10hrs | | by Staff reporter
Zim stockbrokers feel the pinch as ZSE trade subsides
As trading activity remains subdued on the Zimbabwe Stock Exchange, some brokers are likely to cease operations as they are handling only a few deals, market watchers have said.Out of 19 regis...Published: 23 Nov 2011 at 04:39hrs | | by Business reporter
Imara posts disappointing results, streamlining the business
Imara, the Botswana-listed Pan-African financial services group, has announced a P8.2 million attributable loss for the year to the end of April on the back of losses by its corporate advisory busine...Published: 03 Aug 2011 at 21:08hrs | 1 | by .
Analysts dismiss the Global Financial Magazine Report
Economic analysts have questioned dubious economic surveys by some international institutions including the recent ...Published: 28 Jun 2011 at 17:20hrs | | by Ndou Paul
Zimbabwe is the poorest nation in the world: US report
Zimbabwe is the second poorest country in the world a ...Published: 26 Jun 2011 at 13:53hrs | | by Nare Msupatsila
Stockbrokers’ future hangs in balance
OPERATIONS of most stockbroking firms hang by a thread as the Securities Commission of Zimbabwe demands that all stockbroking firms would be deemed licensed after registerin...Published: 21 Dec 2010 at 20:11hrs | | by Business Correspondent
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