NBS and Vaka launch diaspora mortgages

Zimbabweans in the diaspora can now access mortgage loans from the National Building Society NBS) following a partnership deal by the bank with Vaka Building Materials and Hardware – a diaspora focused construction concern.

Eskom now world’s biggest sulfur dioxide emitter, CREA says

Eskom, South Africa’s coal-reliant power utility, has become the world’s biggest emitter of sulfur dioxide, a pollutant linked to ailments ranging from asthma to heart attacks, the Centre for Research on Energy and Clean Air said.

Facebook whistle-blower to share ‘frightening truth’ with senate*

The Facebook whistle-blower who turned over internal company documents to US securities regulators is set to share her story publicly in Congress on Tuesday, planning to testify that the company misled the public and shareholders about the harmful effects of its platforms.

Top miners doubt customers can match their zero-emissions target

The world’s top miners are confident they can eliminate emissions from their own operations by 2050, but aren’t yet sure their customers can do the same.

Local dollar depreciates further

The Zimbabwe dollar depreciated 0,84 percent against the US dollar as indicated by the results of the Reserve Bank of Zimbabwe (RBZ) managed foreign currency (forex) auction conducted on Tuesday as analysts call for a market based exchange rate.

Rand bleeds amid concerns that China woes will hit SA

The rand is taking a bigger hit than most of its emerging-market peers as an energy crisis and Chinese growth concerns batter the South African currency and worsen the country’s inflation outlook.

Blanket Mine headway receives govt praise

Gwanda based Blanket Mine has received accolades from Government for the headway it made towards increasing production to 7 100 ounces of gold per month in line with the firm’s annual production target of 80 000 ounces from next year and beyond.

Russian fertiliser and chemicals producer sets base in Zimbabwe

Russian chemicals and fertiliser firm, United Fertiliser Company Limited (UFCL), has opened a branch in Zimbabwe.

RBZ shames forex manipulators

The decision by the Reserve Bank of Zimbabwe (RBZ) to instruct banks, mobile money operators and other financial service providers, to freeze accounts operated by individuals abusing mobile telecommunications services, is likely to cause behavioural change on the market, according to analysts.

National Building Society (NBS) brings relief to SMEs

Small businesses that have been facing nightmares in mobilising for capital are likely to have a huge relief after the National Building Society (NBS), a subsidiary of National Social Security Authority (NSSA), launched a financing suite targeting small-to-medium enterprises (SMEs).

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