Search / Loan
174 subscribe to credit registry system
THE credit registry system posted an increase in subscriber numbers to 174 subscribers in the period ended June 30, 2019 from 162 subscribers recorded in September, 2018, the central bank has revealed...Published: 19 Sep 2019 at 08:06hrs | 437 | by Staff reporter
Zimbabwe's foreign currency receipts tumble
ZIMBABWE'S total foreign currency receipts for the first half of the year plunged 24% to US$2,58 billion as the capital-starved southern African country battles to lure investment.Total foreig...Published: 18 Sep 2019 at 08:26hrs | 392 | by Staff reporter
Omega Sibanda ordered to pay $6,750 debt
THE High Court in Bulawayo has ordered the MP for Vungu in the Midlands Province, Omega Sibanda to pay back a personal loan of US$6 750 which he got from a local freelance photographer eight years ago...Published: 18 Sep 2019 at 07:55hrs | 361 | by Staff reporter
Mnangagwa owns CBZ bank?
One of the country's leading commercial banks CBZ is now owned by President Emmerson Mnangagwa. This was revealed by exiled former cabinet Minister Professor Jonathan Moyo.Moyo was responding ...Published: 17 Sep 2019 at 05:59hrs | 11200 | by Mandla Ndlovu
Zimbabwe nears SA industry loans deal
Zimbabwe is closer to sealing over half a billion US dollar syndicated loan package with South African banks to support the private sector, amid revelations Treasury is now finalising the insurance gu...Published: 15 Sep 2019 at 07:40hrs | 359 | by Staff reporter
Mthuli Ncube, Mangudya in court over govt loans
HARARE North legislator Allan Norman Markham (MDC Alliance) has approached the High Court seeking an order to nullify a loan agreement entered between the Finance ministry and the Reserve Bank of Zimb...Published: 14 Sep 2019 at 13:04hrs | 3743 | by Staff reporter
Zimbabwe's MPC, RBZ boards face a daunting task
The new Monetary Policy Committee (MPC) and Reserve Bank of Zimbabwe (RBZ) boards face a daunting task in dealing with the country's monetary problems and bring the much-needed stability and confidenc...Published: 13 Sep 2019 at 14:02hrs | 698 | by Staff reporter
Minister Mthuli Ncube taken to court
Finance and Economic Development Minister Mthuli Ncube has been taken to court by an Harare North Member of Parliament, Daily News has reported. The paper states that MP Allan Norman Markhan w...Published: 13 Sep 2019 at 09:37hrs | 5726 | by Mandla Ndlovu
MDC MP sues Mthuli Ncube
Finance Minister Mthuli Ncube has been taken court by Harare North legislator Allan Norman Markham over his alleged failure to disclose to parliament how over $6 million worth of loans awarded to Zimb...Published: 13 Sep 2019 at 07:33hrs | 857 | by Staff reporter
ZACC urged to investigate local authorities
The Zimbabwe Anti-Corruption Commission (ZACC) has been urged to investigate local authorities that diverted public funds from their coffers.Zimbabwe Coalition on Debt Development (ZIMCODD), a...Published: 13 Sep 2019 at 06:46hrs | 251 | by Staff reporter
Makhosini Hlongwane set to lose property over US$30 000 vehicle debt
FORMER Sport, Arts and Recreation Minister and Member of Parliament for Mberengwa East Makhosini Hlongwane's property is set to be auctioned over a debt of more than US$36 000 for a vehicle and asset ...Published: 12 Sep 2019 at 23:24hrs | 486 | by Staff reporter
Mugabe: A peerless, malevolent fearmonger
AS a young lad, my late grandmother would occasionally ship me to her rural home in Nkayi, where, for the first time, I came face to face with the late former President Robert Mugabe's handiwork....Published: 12 Sep 2019 at 21:01hrs | 207 | by Nqaba Matshazi
'Zimbabwe loses US$98 billion due to sanctions'
Foreign Affairs and International Trade Minister, Dr Sibusiso Moyo, yesterday presented a paper to Cabinet, indicating Zimbabwe lost about US$98 billion due to the illegal sanctions imposed on the cou...Published: 11 Sep 2019 at 07:01hrs | 161 | by Staff reporter
Does marriage affect your credit rating?
Getting married will change your life in many ways. Putting the cap on the toothpaste. Trading in the convertible for a minibus. Making your relationship Facebook official. Your credit scores ...Published: 10 Sep 2019 at 22:06hrs | 1393 | by TransUnion
PHOTO: New parliament building near completion
The new parliament building which is being constructed by the Shanghai Construction group at Mount Hampden, 18km north-west of Harare, is near completion. Images circulating on social media re...Published: 10 Sep 2019 at 08:36hrs | 5921 | by Mandla Ndlovu
Zimbabwe's richest: How they made their money
WHILST there is no official list of Zimbabwe's richest men and women, such as the one compiled by the Times and Forbes Magazine, the country has its fair share of rich people, including some who are m...Published: 08 Sep 2019 at 08:26hrs | 776 | by Staff reporter
Zimbabwe Chief Justice's nephew named in SA 'bank heist'?
A damning report into the looting of VBS Bank has found that former KPMG partner Sipho Malaba, who is Zimbabwe Chief Justice's nephew knew about the nearly R1bn cash shortage at the bank but signed of...Published: 07 Sep 2019 at 21:35hrs | 2554 | by Staff reporter
IMF flies into Zimbabwe financial mess
A TEAM of International Monetary Fund (IMF) officials will jet into the country next week for the first review of the Staff-Monitored Programme (SMP) at a time government finances are in a shambles wi...Published: 06 Sep 2019 at 07:31hrs | 584 | by Staff reporter
Honeymoon over for anti-Mnangagwa NGOs
The Aid Coordination Policy approved by Cabinet recently, aimed at ensuring consistency and harmonisation of development partners' activities to promote transparency, will not only promote economic gr...Published: 06 Sep 2019 at 07:00hrs | 383 | by Beaven Dhliwayo
How to recover after getting rejected for a personal loan
A lender turning down your personal loan application can be a serious blow to your finances. If it was your last option, you'll be in a more difficult position, especially if the situation is urgent s...Published: 06 Sep 2019 at 06:10hrs | 490 | by Staff Reporter
'Zim to start talks to clear foreign debt in 2020' - Banks want money not more talks, this is catch 22
"Zimbabwe plans to start talks in early 2020 on clearing arrears on its international debt, Finance Minister Mthuli Ncube said, as it seeks to rebuild confidence in an economy ravaged by high inflatio...Published: 05 Sep 2019 at 13:38hrs | 872 | by Patrick Guramatunhu
Zimbabwe plans talks on foreign debt arrears in early 2020, says Mthuli Ncube
Zimbabwe plans to start talks in early 2020 on clearing arrears on its international debt, Finance Minister Mthuli Ncube said, as it seeks to rebuild confidence in an economy ravaged by high inflation...Published: 05 Sep 2019 at 09:13hrs | 1435 | by Reuters
Bank adopts new strategy
FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has adopted an 'ever-changing' strategy going forward due to the monetary policy changes made in the country this year.This comes as banks ...Published: 04 Sep 2019 at 08:41hrs | 1212 | by Staff reporter
Are South Africans our brothers?
In 1980 Zimbabwe got independent and we were happy, very happy. However, South Africa,Namibia and another country on the horn of Africa were still under colonial rule.I remember when I joined ...Published: 03 Sep 2019 at 18:02hrs | 1096 | by Etiwel Mutero
Potraz demands US$1 million from Zifa
Problems continue to mount on the current Zifa leadership, with the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) taking the Felton Kamambo-led association to the High Court ...Published: 03 Sep 2019 at 08:06hrs | 395 | by Staff reporter
Trouble for Peter Moyo as Old Mutual plans to exit his company
In its half-year results, released on Monday morning, Old Mutual says it is planning to exit a company founded by its on-again, off-again CEO Peter Moyo.Moyo was axed in June following a suspe...Published: 02 Sep 2019 at 08:15hrs | 3974 | by Staff reporter
Normal rainy season forecast
GOVERNMENT will begin procuring inputs this week and distribute them to farmers by the end of the month to enable them to timeously prepare for the 2019-2020 summer cropping season, which experts beli...Published: 01 Sep 2019 at 14:39hrs | 330 | by Staff reporter
Government introduce artisanal miners ID cards
THE country's sole gold buyer, Fidelity Printers and Refiners (FPR) will soon issue out formalisation cards to artisanal miners to enable them to deliver gold at its centres as it moves to ensure effe...Published: 01 Sep 2019 at 14:39hrs | 268 | by Staff reporter
Massive boost for agriculture
Government will begin procuring inputs this week and distribute them to farmers by the end of the month to enable them to timeously prepare for the 2019-2020 summer cropping season, which experts beli...Published: 01 Sep 2019 at 14:37hrs | 112 | by Staff reporter
Bulawayo residents pushed to go solar
SITTING in the dark due to Zesa's prolonged loadshedding, Mr Arthur Maphosa decided it was time to take the bull by the horns. Mr Maphosa said he realised that he had to find a lasting solution to Zes...Published: 31 Aug 2019 at 18:35hrs | 1712 | by Staff reporter
Mthuli Ncube summoned
PARLIAMENT says government finances are in a mess and has summoned Finance minister Mthuli Ncube - as a matter of urgency - to regularise a series of unauthorised expenditures which now include the ZW...Published: 30 Aug 2019 at 20:25hrs | 11917 | by Staff reporter
Zesa on brink of collapse
ZIMBABWE'S state-owned power utility Zesa Holdings (Zesa) is on the brink of collapse due to a plethora of problems.It is beset by multiple crippling factors, including rampant power theft, no...Published: 30 Aug 2019 at 20:24hrs | 5185 | by Staff reporter
Will Zimbabwe's current Esap II work?
In the weeks leading up to the poorly kept secret of his impeding appointment as Minister of Finance, Mthuli Ncube campaigned hard for the position, coming out of a long diasporan silence to write art...Published: 30 Aug 2019 at 08:36hrs | 980 | by Makunike
Chipezeze called for Warriors duty?
WARRIORS' interim coach Joey Antipas is hoping for the regularisation of Macauley Bonne, David Moyo, Kundai Benyu and Brendan Galloway's documents to enable them to represent the country in the near f...Published: 30 Aug 2019 at 08:15hrs | 725 | by Staff reporter
Students start accessing loans
STUDENTS at higher and tertiary institutions struggling to pay their fees can start applying for Government's non-collateral loan facility being administered through one of the country's commercial ba...Published: 30 Aug 2019 at 08:10hrs | 738 | by Staff reporter
Mnangagwa mortgages Zimbabwe to Afreximbank
President Mnangagwa yesterday successfully negotiated a fresh financial package for Zimbabwe from the African Export-Import Bank (Afreximbank) after meeting the bank's chairperson, Professor Benedict ...Published: 30 Aug 2019 at 08:05hrs | 786 | 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 | 7944 | by Nicholas Ncube
Micro-finance credit rises 26,4%
CREDIT from micro-finance institutions in the second quarter of 2019 increased by 26,4% to $316,3 million from the previous quarter's $250,1 million due to an increase in productive loans.A Zi...Published: 29 Aug 2019 at 07:40hrs | 665 | by Staff reporter
Harare council misses targets
Harare City leadership has failed to deliver on its targets in their first year in office in terms of providing essential services like water and sanitation, eradicating undesignated dumping sit...Published: 29 Aug 2019 at 07:13hrs | 122 | by Staff reporter
Carnage in Warriors
Just 10 out of the 23 players who represented Zimbabwe at the 2019 Africa Cup of Nations finals in Egypt have made the cut for the Fifa World Cup qualifier against Somalia next month, with captain Kno...Published: 28 Aug 2019 at 07:42hrs | 1101 | by Staff reporter
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 | 876 | by Staff reporter
Treasury officials under fire over undocumented loans
Ministry of Finance and Economic Development officials were yesterday taken to task for loaning unnamed parastatals US$68 million without supporting vouchers and with no hope of recovering the money. ...Published: 27 Aug 2019 at 07:33hrs | 209 | by Staff reporter
Ministry of Finance in USD$3 billion command agriculture scam
The Ministry of Finance and Economic Development reportedly paid about USD$ 3 Billion towards the controversially Command Agriculture without parliament approval uit has emerged. The matter ca...Published: 26 Aug 2019 at 14:48hrs | 4457 | by Mandla Ndlovu
The Christian attack against the native family and The Native Religion Beyond Jerusalem! Rome and London
"I have travelled across the length and breath of africa and I have not seen one person who is a beggar, who is a thief such wealth I have seen in this country such high moral values, people of ...Published: 25 Aug 2019 at 22:36hrs | 748 | by Reginald Thabani Gola
The curse of education?
I was jolted by a friend's tweet last night. It said "I have learnt much in my life… but the biggest stumbling block to my learning has been my education!"So it turns out, life is really one...Published: 25 Aug 2019 at 18:59hrs | 758 | by Zifiso Masiye
ZESA adds 160mw to national grid
Refurbishment work on Hwange thermal power station unit 5 has been completed and from this Saturday the unit has been providing an additional 160 megawatts to the national grid. Unit 6 is scheduled to...Published: 25 Aug 2019 at 18:49hrs | 740 | by Staff reporter
Mnangagwa to meet Shinzo Abe
PRESIDENT Emmerson Mnangagwa will this week meet Japanese Prime Minister Shinzo Abe on the sidelines of the Tokyo International Conference on African Development (TICAD), a major engagement set to unl...Published: 25 Aug 2019 at 08:43hrs | 219 | by Staff reporter
'The path had to be set for Mugabe'
Last week, Farai Tafirenyika claimed there were Zipra cadres eliminated by Zanla combatants at the front during the ZIPA era. Levi Mukarati continues to seek answers on events surrounding the ...Published: 25 Aug 2019 at 08:41hrs | 777 | by Staff reporter
The Zanu-PF Youth League
The organisation or should I say one of the structures of Zanu-PF, their youth league is one hell of a problem in this country. A totally antidemocracy force that usually takes the law into thei...Published: 23 Aug 2019 at 19:01hrs | 2314 | by Clemen Moyo
Zimbabwe's Educate partners with UK's SympliFi
Educate, a Zimbabwe-based education access and people improvement company, has partnered with UK-based Fintech company, SympliFi, to enable Zimbabweans based in the United Kingdom to invest in the edu...Published: 23 Aug 2019 at 08:27hrs | 530 | by Staff reporter
Load More Stories
