adminWhen natural resources become Africa’s weaponry
By Mary Mititi-Muchero
WHEN South Africa gained political independence in 1994, most Africans fooled themselves in thinking that Africa was
ANCYL on Botswana
Boksburg.
The ANC Youth League’s national executive committee is to send a team to Botswana to consolidate local opposition parties, its
Zim name Test team
Sports Reporters
FORMER Zimbabwe captain and wicketkee-per Tatenda Taibu made a timely recovery, following a thumb injury, while
Please pay up or stay at home . . .
by Professor Fred Zindi
I was manager of a certain reggae band early this year. One evening, the doorman on duty at the Book Cafe did not turn up
Ethical recruitment brings success
PEOPLE have become the most revered asset to an organisation as the discipline of human resources management continues
RTGS transactions soar
ZIMBABWE’S total value of RTGS transactions processed during the half year to June 30 amounted to US$14,8 billion, an
Mabure back with a bang
By Collin Matiza
ISHMAEL Mubure returned to the local squash scene with a bang, winning the Mashonaland Open title at Premier Belgravia
Govt urged to lift chrome export ban
Herald Reporter
SMALL scale chrome miners have called on the Government to lift the ban on chrome ore exports and to re-claim some of
RBZ warns banks over torn notes
Herald Reporter
SOME commercial banks are charging up to US$5 to change torn, defaced or old notes with new ones for amounts rangi-ngbetween US$1 and US$500, prompting the Reserve Bank of Zimbabwe to warn them against prejudicing and abusing the public.
But the banks are arguing that they are providing a service and are therefore justified to charge a fee.
The central bank yesterday said banks should adhere to standard banking practices when exchanging old, dirty and defaced notes.
It also emerged that for transactions of more than US$500, the banks were charging between one percent and 1,5 percent of the amount being redeemed for new notes.
The RBZ said banks should ensure the public received due value in exchange of their soiled notes.
Reserve Bank breathes life into money market
THE Reserve Bank of Zimbabwe will soon start issuing market stabilisation bills, underwritten by foreign banks to bring back to