Property market constrained due to inflexibility
The property market is constrained due to condensed property demand drivers. The major property segments such as office, retail, industrial and residential; each has distinguished trends due to its explicit…
RBZ v Lawyers
Central Bank pushes for lawyers’ involvement in money laundering fight …but lawyers say RBZ overstepping mandate Business Writers Zimbabwe law firms are now subject to financial Know Your Customer (KYC)…
Govt drafts Z$ pension compensation model
Martin Kadzere Government is torn between mandating the Insurance and Pension Commission (Ipec) to spearhead compensation of pensioners and policy holders that were short-changed during a controversial conversion of their…
Reckless directors to be liable for debts
Business Writer Directors who negate their fiduciary duties by recklessly and fraudulently driving companies into debt will be held personally liable if the current version of the draft Companies Bill…
Banks submit billion dollar loan book for 2017/18 agric
Business Writers The banking sector has set aside $1,1 billion in funds for the 2017 /8 agricultural season. These funds comprise of figures derived from each bank in the sector,…
‘Van Hoogstraten must show evidence of shareholding’
Golden Sibanda Regulatory authorities have insisted that British business mogul Nick Van Hoogstraten prove his CFI shareholding has exceeded the 35 percent threshold that would require him to make a…
FBC Holdings pays out $15,4m in dividends
Enacy Mapakame Financial services group FBC Holdings has paid out a cumulative $15,4 million in dividends to its shareholders in the past five years.
Gweru $50m brick, tile plant takes off
Lovemore Zigara in GWERU Sino Zimbabwe Cement Company has commenced the construction of a $50 million tile and brick plant in Gweru, just two years after the project was approved.
Wilowvale cuts production targets
Kudzanai Sharara Wilowvale Motor Industries (Private) Limited (WMI) had to cut down its production targets for BAIC vehicles due to shortages of foreign currency, WMI chairman Ben Khumalo has said.
COMMENT: Cashless life almost here
The last 18 months have seen the near total conversion of the Zimbabwean economy from one where the majority of transactions, especially smaller transactions, were made with banknotes and coins…








