Nissan Z Nismo flaunts drifting skills
There’s a hotter version of the Nissan Z coming soon, but just how much hotter remains to be seen. The Japanese carmaker has effectively revealed the exterior and interior design…
Do’s and don’ts of drinking wine
Have you ever found yourself at an event sipping on some wine, scanning the room comparing your own drinking to that of those around you, hoping you are not unknowingly…
Zambia wins debt relief, sets precedent for stressed nation
Zambia reached an agreement in principle to restructure US$6.3 billion of debt with bilateral lenders, setting a precedent for a growing list of countries struggling to service their liabilities. The…
Regional Banks to integrate with PAPSS
Business Writer The Ecobank Group and Standard Bank Group, with operations in Zimbabwe, are part of the five African multinational commercial banking groups that have signed Memorandums of Understanding (MOUs)…
FMP’s occupancy levels slightly lower
Tapiwanashe Mangwiro First Mutual Properties (FMP) reported a slight decline in occupancy for the five months to May 31, but hinted the situation will improve going in the third quarter…
Banks fail to exhaust USDs on RBZ auction as RTGS dry up
Business Writer Local financial institutions only managed to buy a third of the foreign currency available on the Reserve Bank of Zimbabwe (RBZ)’s wholesale foreign currency auction today as Zimbabwe…
DPC reviews deposit protection cover
Business Writer The Deposit Protection Corporation has reviewed upwards the Zimbabwean dollar deposit protection cover with effect from June 23 in line with rising inflation. According to the DPC, deposit…
FMBCH posts strong performance
Oliver Kazunga FMB Capital Holdings Plc (FMBCH), the parent company for First Capital Bank, has recorded a 51 percent spike in profit after tax of US$61,2 million across the group…
Premier shares nosedive
Business Writer Zimbabwe lithium miner, Premier African Minerals (Premier)’s shares took a nosedive on Monday, falling 40 percent, following the release of an update on their offtake and prepayment agreement…
Teller hacks into POSB system
Zvikomborero Parafini A BANK teller, Leeroy Rueben Murera, and his friend, Tizirai Ben Mudarikwa, are being accused of hacking into the core banking system and defrauding POSB. Murera and Mudarikwa…










