adminCash-in, cash-out ban: Collective effort needed
The Reserve Bank of Zimbabwe’s (RBZ) move to ban all cash-in, cash-out and cash-back transactions is both timely and relevant as the platforms were now being used by cartels to siphon cash while causing massive market distortions.
Pogba out injured
MANCHESTER. — Paul Pogba has been ruled out of Manchester United’s Europa League trip to AZ Alkmaar due to a recurrence of a foot injury he picked up in August.
‘RBZ move needs supporting measures’
The recent move by Reserve Bank of Zimbabwe to ban cash in, cash-out and cash-back transactions will require supporting measures to be effective, economist Eddie Cross has said.
CBZ launches Agro-Yield
CBZ Holdings Limited has launched an agricultural finance initiative under a new division, CBZ Agro-Yield.
Residents fume over mayor’s utterances
Residents of Southerton are baying for Harare Mayor Councillor Herbert Gomba’s blood following his utterances over change of land use for a recreational park into residential stands.
Chiefs condemn Chitembwe to defeat
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Irrigation schemes key to promoting food security
Recently, Government, through the Department of Irrigation Development, rehabilitated more than 11 000 hectares and developed 750 hectares of irrigation schemes to boost productivity to ensure household and national food security.
$20m shot in arm for Mashava’s King Mine
Government has availed $20 million for the revival of Mashava-based King Mine with full-scale operations expected to resume soon following successful de-watering process.
Axed CEO wants R250m
Old Mutual said fired chief executive officer Mr Peter Moyo issued the South African insurer with summons seeking damages totalling R250 million.
‘Eskom is not a bank’
While funding plans for debt-ridden power utility Eskom have not yet been finalised, Finance Minister Tito Mboweni is likely to make more detailed announcements on the matter at the mini budget later this month, the ANC’s Enoch Godongwana has said.