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- businessweekly
- April 12, 2019
- 113 views
Old Mutual cuts jobs
Enacy Mapakame HARARE – Old Mutual Zimbabwe Limited is this month implementing a voluntary retrenchment programme that will see the financial services group reduce its workforce by 10 percent. This…
‘Resurrected’ Elliot’s death: The facts. . . Devastated grandmother gropes for closure
Hazel Marimbiza/Gibson Mhaka While he got the world in hysteria and shock for the past weeks for being resurrected and dying again, all that Thabiso Proud Mlanje who is popularly…
- businessweekly
- April 12, 2019
- 65 views
RBZ warns over wild interest rates
The Reserve Bank of Zimbabwe (RBZ) has warned domestic banks against arbitrary hikes of lending rates and called for a fine balancing act in dealing with cost and inflationary pressures to avoid tipping over an already volatile pricing situation in the economy.
- businessweekly
- April 12, 2019
- 69 views
CZI lobbies for import restrictions return
Industrial lobby group, Confederation of Zimbabwe Industries (CZI), says the Government needs to quickly revert to the policy of restricting entry of low priced imported products into Zimbabwe to quicken the pace of rebuilding the manufacturing sector through organic growth.
- businessweekly
- April 12, 2019
- 59 views
RBZ to monitor externalised shareholding
The Reserve Bank of Zimbabwe says it allows for companies operating in Zimbabwe to partially externalise their shareholding, but warned it will enhance monitoring mechanisms to ensure that the dispensation is not abused.
- businessweekly
- April 12, 2019
- 68 views
Zim to go through IMF’s staff monitored programme
Government and the International Monetary Fund have reached an agreement on macroeconomic policies and structural reforms that can underpin a Staff Monitored Programme.
- businessweekly
- April 12, 2019
- 67 views
‘Pension, insurance firms have nowhere to hide’
Some insurance and pension companies that have invested members’ funds in assets such as property and on the Zimbabwe Stock Exchange (ZSE), have no moral high ground to claim that the funds have lost value, the Reserve Bank of Zimbabwe (RBZ) has said.
- businessweekly
- April 12, 2019
- 68 views
Invictus receives final data for Muzarabani oil prospect
Newly defined data released this week by Invictus Energy, has provided management with increased confidence regarding a sizeable increase in the prospective resource estimate of the Muzarabani oil prospect that currently stands at 3,9 Tcf (trillion cubic feet) and 181 million barrels of condensate.
- businessweekly
- April 12, 2019
- 72 views
HCC targets $8 million
Harare City Council says it is targeting to pocket $8 million in revenue from license fee collection from businesses that operate in the Central Business District (CBD) following an audit being carried out in the capital city.
- businessweekly
- April 12, 2019
- 65 views
Russia to build $4 billion platinum mine
Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014.