RBZ orders banks to freeze firms’ accounts

Business Writer The Reserve Bank of Zimbabwe’s investigations arm – the Financial Intelligence Unit (FIU) – has ordered local banks to freeze accounts of a number of private companies on…

Good tobacco crop expected, TIMB

Inspite of weather-related challenges facing the current farming season, tobacco output is expected to remain at last year’s levels when the country had ideal agricultural rains, a top industry executive…

POSB privatisation moves a gear up

Business Weekly/NewZiana Plans for the partial privatisation of the People’s Own Savings Bank (POSB), have been completed and now await presentation to, and final greenlight from Cabinet, a top executive…

First Capital, HelloPaisa seal remittance deal

Business Writer  First Capital Bank Limited has entered into a partnership with Hellopaisa Money Transfer Agency in a move expected to positively reshape the firms’ service delivery to key segments.…

ZSE weaker on Wednesday as market takes a breather

Business Writer The Zimbabwe Stock Exchange (ZSE) closed mid-week trading in the red as the Top 10 index saw losses, as profit-taking seems to be settling in. The All Share…

Five people killed in gas explosion

FIVE people, a couple and their three children were killed last night after a gas exploded in a room they were sleeping in Eyestone, Waterfalls.

Zimbabwe earns US$153m from tobacco

Zimbabwe has earned US$153 million from tobacco exports as the Far East continues to be the major destination of the golden leaf.

Dry spell anxiety grips farmers

Chronicle Reporters ANXIETY has gripped farmers in Matabeleland and Midlands provinces following a prolonged dry spell, which is threatening to cripple this year’s harvest as crops have started wilting due…

Zim-Bots BNC shifts into third gear

Leonard Ncube, Victoria Falls Reporter PRESIDENT Mnangagwa and his Botswana counterpart Dr Mokgweetsi Masisi are expected to arrive in Victoria Falls today ahead of tomorrow’s official opening of the third…

RBZ orders banks to freeze firms’ accounts

The Reserve Bank of Zimbabwe’s investigations arm – the Financial Intelligence Unit (FIU) – has ordered local banks to freeze accounts of a number of private companies on allegations of money laundering.

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