adminRBZ to address cash shortages…Problem not widespread -Central Bank works on import priority list
Business Editor— The Reserve Bank of Zimbabwe will this week announce policy measures to deal with the problem of cash shortages which have been experienced in some banks. The measures will…
‘Emerging market challenges lasting’
BRUSSELS. – The weakness of emerging economies could prove lasting as deep-seated structural problems rather than fleeting troubles are the root cause, posing a risk to growth even in advanced…
IDBZ Marimba housing project off the ground
Business Reporter THE Infrastructure Development Bank of Zimbabwe will develop 338 high to medium density residential stands under its New Marimba housing project, a senior official with the bank said…
ACBF finalises new 5-year strategic plan
The African Capacity Building Foundation (ACBF) has developed a five year strategic plan for the development of African countries towards achieving the African Agenda 2063. Speaking during the ACBF 25th anniversary…
Gold vs gold miners
Nick Barisheff For thousands of years, gold has been used as money, a store of wealth, fought over and sought after. Over the last 45 years, Western populations have had…
Gold rallies sharply
SINGAPORE. — Gold rose yesterday, in another attempt to cross the key $1 300 per ounce level, as the dollar extended losses and as assets of the top bullion fund…
Cost of financial illiteracy
Sanderson Abel The country and its citizens should note that efforts aimed at improving financial literacy are very noble and need to be pursued with vigour given the associated cost…
Beira ready to handle Zim grain imports
Business Reporter MOZAMBICAN Port authority, Cornelder de Moçambique (CdM), has expanded capacity at the port of Beira to improve the turnaround time for grain destined for Zimbabwe. This comes as private…
Agribank targets to raise $20m from agrobills
Business Reporter Agribank is targeting to raise $20 million from Agrobills this year to fund various agricultural programmes, managing director Sam Malaba said. The bank last year raised the same amount. “During…
Chrome export earnings poised for boost
Business Reporter FIRMING global prices largely driven by depletion of stocks on the global market and the recovery of the South African rand are expected to boost Zimbabwe’s chrome export…