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London declining as financial center

The number of companies listed on the London Stock Exchange (LSE) is decreasing at the quickest pace in more than ten years, Bloomberg has reported, citing data compiled by the outlet.In 2024, some 45 firms reportedly delisted from the Lon…

Published: 06 Dec 2024 at 14:20hrs | 287 | by Staff reporter

Zimbabwe can be a financial hub

MAURITIUS Finance chief operating officer Vinod K. Bussawah, who is also chairperson of Harare-based financial advisory firm Bard Santner Markets Inc, says Zimbabwe can become a regional financial hub, with Victoria Falls as a financial se…

Published: 23 Oct 2022 at 17:21hrs | 2 | by Staff reporter

'Financial distress to persist for Zimbabwe's urban poor'

USAID food security unit, Famine Early Warning Systems Network (FEWS NET), says most urban families in Zimbabwe are expected to remain in financial doldrums due to skyrocketing cost of living.According to the national statistics agency, Zi…

Published: 07 May 2021 at 06:33hrs | 9 | by Staff reporter

Financial illiteracy is our biggest enemy in Zimbabwe

I found a very interesting letter in one of my old books that I last read in 2004. It is a letter that I received from Barclays Bank (Zimbabwe), offering me a Z$1 million overdraft facility. Three years back in 2001, I had bought a propert…

Published: 12 Sep 2018 at 06:47hrs | 8 | by Hopewell Chin'ono

Impact of illicit financial flows on socio economic development

While the "Zimbabwe is open for business" mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti avoidance provisions especially towards…

Published: 05 Jul 2018 at 15:04hrs | 392 | by Davison Kaiyo

Zimbabwe's financial system is living on borrowed time - and borrowed money

Zimbabwe's financial system increasingly resembles a house of cards. Were one card to give way â€“ for instance, if South Africa's power utility, Eskom, were to have the temerity to suggest that Zimbabwe actually pay for the electricity th…

Published: 02 Nov 2017 at 06:20hrs | | by Roger Southall, University of the Witwatersrand

Dealing with financial sabotage in our economy

IT is possible to curb the current financial cash sabotage menace bedeviling our economy. Whilst the market is facing unpredictability, reminding the innocent citizens of the economic crisis of the late 2000s is not the way. We cannot sit …

Published: 28 Sep 2017 at 06:56hrs | 205 | by Chris Ndlovu

Europe turns to Zim for financial lessons as advised by Byo24News

The ongoing meltdown within the so-called Eurozone, with Greece serving as  its epicentre is a cause for concern.  What is interesting however is that Europe has now turned to Zimbabwe for monetary lessons as to the way forward.&…

Published: 22 May 2012 at 11:38hrs | 2128 | by Colls Ndlovu

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