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'Scrapping of multi-currency regime carefully planned,; says Mthuli Ncube
The scrapping of the multi-currency regime last month was not made in haste, but was carefully planned as Government had been working on it since last year. This was revealed by Finance and Ec...Published: 15 Jul 2019 at 07:50hrs | | by Staff reporter
Bulawayo council rates up 5%
THE Bulawayo City Council (BCC), which ran a stand-still budget for three years, has increased charges by 5% across the board, as it seeks to improve water supplies as part of a $212 million budget fo...Published: 03 Oct 2018 at 07:27hrs | | by Staff reporter
SMEs transition key in uplifting the Zimbabwean Economy
The transition of SMEs to big business or corporates is pivotal in any economy in the world. It is actually the relative measure of how well an economy is performing as SMEs are the seed-bed of busine...Published: 18 May 2018 at 17:51hrs | 11 | by Victor Bhoroma
'Dont be fooled by a coup president'
Rainbow Coalition (PRC) led by Dr JTR Mujuru and being the Government in waiting urges Zimbabweans not to be fooled and misled by the Coup President Ed Mnangagwa's falsehoods and propaganda of having ...Published: 05 Apr 2018 at 07:24hrs | 1 | by Adv Gift Nyandoro
Former ZTV fails to repay $116,000
Former Zimbabwe Broadcasting Corporation (ZBC) newscaster Walter Mupfanochiya has been dragged to the High Court for failing to pay back $116 000 owed to CBZ Bank.Zimbabwe's biggest banking gr...Published: 03 Feb 2018 at 20:06hrs | 6 | by Staff reporter
More than 20 top Bulawayo companies regaining footing
MORE than 20 top companies in Bulawayo have recorded positive growth this year as evidenced by increasing capacity utilisation, fresh investment and opening of new plants. According to the Con...Published: 29 Dec 2017 at 08:42hrs | 38 | by Staff Reporter
'Illicit cash dealings sabotage economy'
ZIMBABWE would not be having any cash shortages if individuals and businesses were depositing their money in banks for equitable circulation, Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Dr Khupuki...Published: 30 Oct 2017 at 04:53hrs | | by Staff reporter
Steward Bank cuts interests rate, offers housing development mortgage
STEWARD Bank has cut its interests rate to below eight percent and joined the bandwagon of institutions that offer mortgage facilities to clients for housing development.The bold move is likel...Published: 09 Aug 2017 at 09:48hrs | 1 | by Staff Reporter
Mphoko want banks to cut interest rates to at least 10%
The banking sector must reduce interests rates to at least 10 percent in order to remain relevant to the prevailing macro-economic environment, Vice President Phelekezela Mpoko has said.M...Published: 18 Oct 2015 at 12:04hrs | | by Staff reporter
RBZ boss calls for an immediate further reduction in prices
Reserve Bank of Zimbabwe Governor Dr John Mangudya has called for an immediate further reduction in prices of locally-produced goods if the country is to stem the influx of cheap imports and the liqui...Published: 25 Apr 2015 at 09:46hrs | | by Farirai Machivenyika
Council revises water shedding to one day
The Bulawayo City Council will from Monday January 13, 2014 reduce reduce the water shedding period from 48 hours to 24 hours per week following significant inflows into the city's dams.City m...Published: 11 Jan 2014 at 22:28hrs | | by Staff reporter
Delma Lupepe denies being broke
PROMINENT Bulawayo businessman Delma Lupepe has denied that he is broke but blames the government policy inconsistencies and unrealistic interest rates charged by financial institutions for the demis...Published: 04 Nov 2013 at 02:06hrs | | by Staff reporter
Delma Lupepe lashes at Harare Banks
PROMINENT Bulawayo businessman Delma Lupepe says he is not broke, but blames the government policy inconsistencies and unrealistic interest rates charged by financial institutions for the demise of mo...Published: 30 Oct 2013 at 09:13hrs | 4 | by Staff reporter
Zim Finance Minister faces tough balancing task
Zimbabwe's Finance Minister, Mr Tendai Biti is expected to present an eagerly awaited 2012 National Budget statement this week amid high expectations by the local industry that the budget will stimul...Published: 21 Nov 2011 at 04:35hrs | | by Staff reporter
Zimbabwe's Gono accuse international banks of not lending to local companies
The Reserve Bank of Zimbabwe Governor, Dr Gideon Gono, claims that Zimbabwean Banks are sitting on US$1 billion sourced from external sources in spite of claims by some local firms that they are stru...Published: 19 Jul 2011 at 04:56hrs | | by Nare Msupatsila
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