NSSA gets nod to operationalise bank

Bianca Mlilo Business Reporter THE Reserve Bank of Zimbabwe has granted the National Social Security Authority (NSSA) the greenlight to operationalise its new banking unit, the National Building Society. In a notice…

Roads upgrade begins

Bianca Mlilo Business Reporter The government has embarked on a major upgrade of roads across the country as it moves to spruce the transport infrastructure, which has suffered years of neglect. Transport…

Kenya burns world’s biggest stockpile of ivory

UHURU Kenyatta, Kenya’s President, set fire to what has been described as “the world’s largest stockpile of ivory and rhino horn”, a symbolic act to show Kenya’s stance on wildlife…

President to sign into law Banking Amendment Bill

Harare Bureau President Robert Mugabe is expected to sign into law the Banking Amendment Bill which will strengthen corporate governance in the financial services sector. In an update on the status…

Hwange requests ZPC to back its $7,5m loan application

Golden Sibanda Harare Bureau HWANGE Colliery Company has requested Zimbabwe Power Company to back its application for a $7,5 million loan from Agribank meant to double coal production to about 300,000…

ZSE official list dwindles to 62

Business Reporter THE Zimbabwe Stock Exchange’s official list has just dwindled to 62 listed firms after the bourse announced on Friday the scratching of Pelhams and Radar Holdings from the…

Lungu commends Zim products

Zambian president Edgar Lungu commended Zimbabwean companies for their high quality products that were exhibited at the Agritech Expo in that country. “During his tour of the Zimbabwean Pavilion, the Zambian…

Rand continues to gain

JOHANNESBURG — The rand continued to post strong gains against major currencies in midday trade on Friday, buoyed by disappointing US data which took its toll on the dollar, driving…

Small miners indaba set for Byo

Business Reporter SMALL-scale miners will this week meet in Bulawayo to give input to the final draft of the amended Mines and Mineral Act. The Zimbabwe Miners’ Federation (ZMF) secretary for…

BYO CITY TROUBLE BOSSO

Ricky Zililo Senior Sports Reporter— Bulawayo City 1-1 Highlanders BULAWAYO City felt they were robbed of their first victory in the Castle Lager Premiership when assistant referee Nyarai Chirwa flagged what…

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