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Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2046 | by Staff reporter
Time Bank offers war vets US$3,5bn
TIME Bank has offered a US$3.5 billion compensation package to Zimbabwe's liberation war veterans as part of its broader US$38 billion loan proposal to the government. This development follows signifi...Published: 14 Dec 2024 at 12:33hrs | 431 | by Staff reporter
Local Bank proposes US$35bn loan to Zimbabwe Government
Time Bank of Zimbabwe has proposed a US$35 billion syndicated loan to the government to address compensation obligations for various groups, including previous farm owners and foreign lenders, as part...Published: 27 Aug 2024 at 12:42hrs | 3113 | by Staff reporter
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | 4 | by Kenneth Mufuka
RBZ tells Time Bank to reopen 'but don't take deposits'
TIME Bank, one of a dozen domestic financial institutions that collapsed at the height of Zimbabwe's banking crisis between 2004 and 2008, was yesterday given the nod to re-enter the market under rest...Published: 19 Oct 2022 at 06:01hrs | 1 | by Staff reporter
Time Bank offers to finance former farmers' compensation
Time Bank Zimbabwe Limited that is set to re-open its doors to the public on December 01 this year, has excited the market after unveiling four types of loan facilities among them a scheme for payment...Published: 14 Oct 2021 at 06:20hrs | 2 | by Staff reporter
Time Bank set to reopen
Time Bank of Zimbabwe Limited, the first locally owned commercial bank to be established in the country, is set to reopen soon its doors to the public, the bank's owners said in a statement ahead of t...Published: 09 Sep 2021 at 06:04hrs | 13 | by Staff reporter
CABS merge branches
CABS is merging its Greendale and Chisipite branches with effect from February 25 as a way of enhancing its digitalisation efforts.In a statement, the bank which boasts of more than 50 branche...Published: 02 Jan 2019 at 14:25hrs | | by Staff reporter
Mugabe appointed CIO boss evited from farm
New police commissioner-general Godwin Matanga has ordered Central Intelligence Organisation (CIO) boss Ephrain Nhamo, who illegally occupied businessman Chris Takura Tande's Carig Crag estate, ...Published: 03 Feb 2018 at 08:40hrs | 2 | by Staff reporter
Time Bank to re-open
TIME Bank says it is determined to re-establish its services and contribute to economic development of the country following its reinstatement by the Reserve bank of Zimbabwe (RBZ).The commerc...Published: 17 Jan 2018 at 06:06hrs | 1 | by Staff reporter
Time Bank re-opens on Monday
Time Bank of Zimbabwe, one of only four remaining indigenous banks will finally open its doors to the public on Monday next week after over a decade of dormancy and running court battles.The c...Published: 04 Jan 2018 at 07:20hrs | 3 | by Business Reporter
Time Bank reopens
TIME Bank will soon reopen after regularising its operations with the Reserve Bank of Zimbabwe (RBZ).In a statement yesterday the RBZ registrar of banking institutions said discussions between...Published: 22 Dec 2017 at 10:09hrs | 2 | by Staff Reporter
Mangudya warns bankers
THE Reserve Bank of Zimbabwe (RBZ) has warned bankers against conniving with cash dealers, as reports of bank officials getting involved in the parallel market continue to rise.RBZ governor, J...Published: 21 Jul 2017 at 08:48hrs | | by Staff reporter
What June 16 2017 should mean to the Zimbabwean Youth
The day that is celebrated internationally in honour of the Soweto youth ( 5 - 10,000 students) of 1976 who marched against apartheid in South Africa leaving some dea...Published: 15 Jun 2017 at 16:32hrs | 2 | by Vimbai Mavherudze
What June 16 should mean to the Zimbabwean Youth
THE DAY THAT IS CELEBRATED INTERNATIONALLY IN HONOUR OF THE SOWETO YOUTH ( 5- 10 000 STUDENTS) OF 1976 WHO MARCHED AGAINST APARTHEID IN SOUTH AFRICA LEAVING SOME DEAD AND INJURED AFTER BEING ATT...Published: 15 Jun 2017 at 15:29hrs | | by Vimbai Mavherudze
Zimbabwe banks urged to reduce rates
The Movable Property Security Interests Bill that proposes the use of livestock as collateral for bank loans might not be useful if financial institutions do not reduce the interest rates to between 4...Published: 07 May 2017 at 08:31hrs | | by Staff reporter
Dr Prophet Chiza to construct a multi million dollar complex in Bulawayo
Dr Prophet Blessing Chiza is planning to build a multi million dollar complex in Bulawayo which will offer thousands of jobs to the residents.Nobuhle Mkhwebu a resident in Bulawayo said ...Published: 17 Apr 2017 at 07:31hrs | 4 | by Stephen Jakes
Chinamasa's propaganda can't resuscitate the Zimbabwean economy
Back in the days when the Soviet Union was still a communist empire, its flagship broadsheet newspaper was called Pravda, or "Truth".But all and sundry knew it was a supplier of lies....Published: 11 Mar 2017 at 12:35hrs | 1 | by Gift Phiri
New Banking Act gives RBZ more supervision power
The new Banking Act came into effect on Friday last week, giving the Reserve Bank of Zimbabwe more latitude to tighten bank supervision, monitoring and control while diluting controlling individual or...Published: 18 May 2016 at 06:58hrs | 1 | by Golden Sibanda
Steward Bank launches 'branchless' banking
Steward Bank, a subsidiary of Econet Wireless Zimbabwe, on Wednesday launched a new "branchless" banking model which allows its clients to access banking services through agents without visiting...Published: 27 Nov 2014 at 06:53hrs | 1 | by New Ziana
Prophet Chiza's lavish lifestyle
FOUNDER and general overseer of Eagle Life Assembly Church in Bulawayo Prophet Blessing Chiza is no doubt growing in his celebrity status as evidenced by his lavish lifestyle although little has been ...Published: 01 Jun 2014 at 09:37hrs | 4 | by Vincent Gono
Bank charges to go up
The Reserve Bank of Zimbabwe has made an about-turn on the issue of bank charges, giving banks the green-light to review their charges, effectively revoking a memorandum of understanding (MoU) with b...Published: 29 Nov 2013 at 03:51hrs | | by Business reporter
NMB Bank to start issuing housing loans
NMB Bank is set to venture into mortgage financing as it seeks new avenues to raise income following a cap on bank charges.The move comes at a time banks are projecting a $73 million decline i...Published: 17 Nov 2013 at 09:06hrs | | by Staff reporter
Media reports on the fall of Interfin divert attention from systematic looting
Media reports on the fall of Interfin Bank can not go unchallenged as they seek to divert attention from the systematic looting spree at the Bank and try to apportion some blame elsewhere. According t...Published: 22 Jun 2012 at 10:34hrs | 1 | by Gilbert Muponda
Just like Gaddafi's Libya, Mugabe’s Zimbabwe is
home to some of the world's most exploitative economic terroristsPersonally, I cons...Published: 27 Oct 2011 at 12:23hrs | | by Mathula Lusinga
Muponda seeks to block the Liquidation of CFX Bank
One of Zimbabwe's exiled businessman Gilbert Muponda who was recently de-specified by the Government has started taking legal steps to reclaim some of the assets he lost during the time he was specifi...Published: 19 May 2011 at 04:59hrs | | by Matthews Estell
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