admin‘Royal Bank can reopen if . . .’
Business ReportersRESERVE Bank Governor Dr Gideon Gono on Tuesday said the closed Royal Bank could still reopen if it secured new investors and conformed to good corporate governance systems. But founding
Craft trainees return from India
Business ReporterSeventeen craft managers drawn from small and medium enterprises across Zimbabwe returned from a two-week training programme in India yesterday. The female trainees were drawn from the National Art
Obama hits 50pc mark in key states
WASHINGTON — US President Barack Obama has, for the first time, hit the 50 percent mark in three crucial swing states. With fewer than 100 days until the November 6 election, the Quinnipiac University/CBS News/New York Times survey gave Obama a majority of the vote in Florida (51 percent)Plane damaged in collision with bird
A jet carrying 151 passengers landed safely at Denver International Airport after declaring an emergency when a bird damaged the nose of the plane. United Airlines flight 1 475 from Dallas-Fort WorthDealing with dishonesty
At The Workplace Wencelaus MurapeDishonesty by employees at the workplace has been prevalent since time immemorial, with truant behaviour causing prejudice to companies. Some of this dishonesty has been surprisingly at large
Pity financiers in heart of darkness
Nick DeardenIT is the people of Africa who are being ripped off and not being helped by the multi-national companies as they claim. Financiers and businessmen operating in Africa are not, as some
Editorial Comment: We need stronger banks with sound management
Zimbabwe, like every other country, needs a strong and safe banking sector that can mobilise savings and can help productive businesses grow faster. We have more than enough economic
FBC Bank goes for merger
Martin Kadzere Senior Business Reporter
FBC Holdings intends to merge its banking division with the building society in a bid to meet the new minimum capital requirements announced by the Reserve Bank of Zimbabwe this week. According to
US$300m lying idle: Gono
Bright Madera Senior Business ReporterABOUT US$300 million is lying idle in Real Time Gross Settlement balances, in the absence of investment instruments on the money market. Reserve Bank of Zimbabwe Governor Dr Gideon Gono,
Zimplats profits take a dip in second quarter
Tawanda Musarurwa Business ReporterZIMBABWE Platinum Holdings (Pvt) Ltd took a 52 percent knock in profitability in the quarter ended June 30 2012. The largest platinum producer posted an operating profit of US$25 million, 52 percent