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- businessweekly
- June 28, 2019
- 81 views
US$1,2bn debt subject to audit: Treasury
GOVERNMENT has said it will audit and verify the authenticity of liabilities it will assume under the US$1,2 billion historical or legacy debts to be taken over through the Reserve Bank of Zimbabwe (RBZ) at a rate of one to one between US and RTGS dollars.
- businessweekly
- June 28, 2019
- 56 views
Banks sit on nearly US$1bn
Golden Sibanda Zimbabwean banks are currently sitting on nearly a billion United States dollars while the economy is being ravaged by the impact of a US dollar crunch and the…
- businessweekly
- June 28, 2019
- 111 views
Agribank oversees US$102m facility
GOVERNMENT has assigned Agribank to manage distribution of imported farm mechanisation equipment valued at US$102 million to ensure transparency, efficiency and avoid abuse
- businessweekly
- June 28, 2019
- 69 views
Money supply growth slows
Money supply growth inched up in March 2019, but rose at a slower rate than that of the previous month of February mainly on the back of more money chasing relatively fewer goods.
- businessweekly
- June 28, 2019
- 106 views
RBZ lifts interest rate cap
The Reserve Bank of Zimbabwe has effectively removed the 12 percent cap on interest rates after increasing the rate on its overnight window to 50 percent per annum from 15 percent.
- businessweekly
- June 28, 2019
- 93 views
Invictus shares in trading halt
The securities of Invictus Energy Ltd (‘IVZ’) will be placed in trading halt at the request of IVZ, pending it releasing an announcement.
- businessweekly
- June 28, 2019
- 67 views
Warriors face DRC in final Group A match
The Warriors face Democratic Republic of Congo in their final Group A match hoping they can win by a huge margin and Uganda falter.
- businessweekly
- June 28, 2019
- 91 views
Gayle reverses plans to retire after World Cup
Chris Gayle has apparently backtracked on plans to retire from one-day cricket after the World Cup, as well as declaring himself open to a first Test appearance in five years.
- businessweekly
- June 28, 2019
- 122 views
What stabilises a currency?
“I have come to see the President, and I am going to stay here until I see him”. That was John Pierpont Morgan at the United States Whitehouse in February 1894. JP Morgan was one of the leading bankers in frontier America, evidenced even today by a global bank bearing his name. As he sat waiting for President Cleveland who was clearly avoiding the meeting, Morgan played solitaire to keep calm.
- businessweekly
- June 28, 2019
- 112 views
The man who loves flowers
Kumbirai Tarusarira A flower cannot bloom without sunshine, and man cannot live without love. Life is not defined by where you start off but where you eventually end up .…