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- businessweekly
- June 23, 2020
- 87 views
Billions missing as payments provider Wirecard collapses in ‘horrifying’ fraud scandal
In what could be one of the biggest financial frauds of recent years, German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its…
- businessweekly
- June 23, 2020
- 82 views
RBZ introduces new forex auction system
Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) will today introduce the new Foreign Exchange Auction System to determine the Zimbabwe dollar exchange rate with captains of industry and commerce…
- businessweekly
- June 23, 2020
- 46 views
Covid-19: Insurers must innovative for survival
Business Writer The insurance industry will have to develop appropriate products that meet the needs of the insuring public, if it is to survive the numerous threats posed by the…
- businessweekly
- June 23, 2020
- 55 views
OK Zimbabwe records 1000 percent profit
Enacy Mapakame Zimbabwe’s biggest retail group, OK Zimbabwe’s profit for the year to March 31 2020, surged 1000 percent to $566 million from $49 million recorded in the prior year.…
The pandemic has forced us to imagine a different future
What was it like when Mary and the disciples left the Upper Room on the day of Pentecost? As they stepped into the streets of Jerusalem it must have felt…
‘UN experts jumped the gun’
Government has dismissed a joint statement by five United Nations (UN) human rights experts, which concluded that three MDC-Alliance youth leaders were abducted as “premature and unreasonable” since investigations to get to the bottom of the matter are still ongoing.
RBZ launches foreign exchange auction today
The Reserve Bank of Zimbabwe (RBZ)today replaces the interbank market with weekly foreign exchange auctions to determine the Zimbabwe dollar exchange rate with those in industry and commerce cautiously optimistic that the platform will enhance transparency and efficient distribution of foreign exchange.
Covid-19 confirmed cases top 500
The number of confirmed Covid-19 cases in Zimbabwe reached 512 yesterday, although 438 of these are among returning residents in quarantine with only 74 people being infected within Zimbabwe, including the two latest confirmed yesterday.
‘Hero Nleya influenced youths to join struggle’
National hero Cde Stanley Nleya influenced many young people in Masendu Village to join the liberation struggle in the early 1970s.
Banks, Govt agree on allowances’ modalities
BANKS have agreed with the Government on the modalities of the opening Foreign Currency Accounts (FCAs) for civil servants at zero costs and also to charge minimal costs so that the US$75 is not demeaned by banking and transactions costs.