Bad governance costs IDCZ Govt funding

Business Writers Corporate governance deficiencies and management shortcomings saw the Government holding onto allocated budget funds meant to recapitalise some of the subsidiaries of the Industrial Development Corporation of Zimbabwe…

Zim scores poorly in global youth development index

Business Writer Zimbabwe ranked 159 out of 181 countries in the global youth development index (YDI) 2020, which tracks the progress on the Sustainable Development Goals (SDGs) associated with youth…

RBZ to disburse US$60m tobacco facility

Martin Kadzere The Reserve Bank of Zimbabwe (RBZ) is working on modalities of disbursing a US$60 million tobacco facility this year after the Government decided to start funding production of…

Regional diversification pays off for Zimre Holdings

Business Writer INVESTMENT holding company, Zimre Holdings (ZHL) says regional diversification has helped to offset the impact of Covid-19, after the regional countries implemented various interventions to mitigate effects of…

Hwange Colliery relaxes tender provisions

Martin Kadzere Hwange Colliery Company Ltd, Zimbabwe’s oldest coal miner has extended a tender inviting investors to revive or build a new battery of coke ovens after applicants requested for…

Govt issues $1,5 billion treasury bond

Business Writer Government of Zimbabwe, this week, issued a $1,550 billion Treasury Bond (T-bond) to raise funds meant to finance 2021 fiscal year programmes. Treasury bonds (T-bonds) are government debt…

Vaccination, PCR test for ZITF

Prosper Ndlovu and  Sukulwenkosi Dube-Matutu, Chronicle Reporters A COVID-19 PCR test valid for 48 hours will be a prerequisite for exhibitors during the Zimbabwe International Trade Fare (ZITF) due in…

‘We’re enjoying freedom because of sacrifices by Jane Ngwenya’

Bongani Ndlovu, Online Reporter NATIONALIST, liberation stalwart and national heroine, Cde Jane Ngwenya’s body left Bulawayo yesterday morning, for burial at the national shrine in Harare today. Cde Ngwenya (86)…

COMMENT: Opening up of church services most welcome

GOVERNMENT on Tuesday gave churches a green light to resume physical services with only congregants fully vaccinated against Covid-19 allowed to attend. Church gatherings had been banned since June when…

About NMB

NMB started operating as far back as 1993 offering what it calls supreme corporate, retail and investment banking solutions. Currently, the bank’s services range from corporate, personal, international, treasury and…

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