Call for RBZ to consider scrapping bond notes

Reports Compiled by Business Hub Writers The Reserve Bank of Zimbabwe should seriously consider scrapping bond notes in circulation as they are no longer serving their purpose, and are now…

How to arch a bridge through the spray

Why build a bridge at Victoria Falls? Cecil Rhodes’ grandiose dream of a railway line linking the Cape to Cairo was well in hand by 1898, fuelled by investment and…

Golix counts cost of repeat security issues. . . as competitor sees increased volumes

 Jeffrey Gogo Disruptions caused by recurrent security problems have started to take a toll on volumes at Golix, Zimbabwe’s first cryptocurrency exchange. Trading on Golix.com was this week

Standard Chartered introduces Digital Bank

BH24 Reporter Standard Chartered Bank – which operates in Zimbabwe – has launched the first of its digital banks.

Greatest hindrance to investment

Mamvura’s Market Minute Unceremoniously and with no notice, Standard Chartered stopped foreign payments on its cards last week. As far as Mamvura is able to ascertain, Stanchart was the last…

Rise in occupancy level lifts AfSun’s F17

Africa Moyo African Sun Limited has recorded a 19 percent growth in revenue to $51,83 million for the year ended December 31, 2017, spurred by a jump in occupancy levels. 

Can innovation hubs jump start economy?

Clive Mphambela This week saw the joint launch of the Zimbabwe ICT Policy and the Innovation Fund by the Ministry of Information and Communication Technology and Cyber Security. This is a

CBZ FY profit jumps 17pc

Kudakwashe Mhundwa HARARE – Listed financial services provider CBZ Holdings posted an after tax profit of $27, 8 million for the year to December 31, 2017, a 17 percent rise…

Zim missing out on external sovereign bonds

Kudzanai Sharara Taking Stock There is a new wave of external borrowing by African governments, and it is not from Development Banks. Given the prevailing low interest rates in developed…

Rand steadies as it looks for fresh drivers

The rand was off to a muted start on Thursday morning, continuing the theme that has been in play for the better part of the week.

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