Archive | Business

No pardon for fugitives – Mugabe

Ngoni Chanakira PRESIDENT Robert Mugabe has ruled out a blanket pardon for individuals accused of various misdemeanours including externalising foreign currency. He told the annual gathering at the National (more…)

ZSR boss new CZI president

Shakeman Mugari ZIMBABWE Sugar Refineries (ZSR) chief executive officer Pattison Sithole is the new Confederation of Zimbabwe Industries (CZI) president, taking over from Dairibord Zimbabwe boss Antony Mandi (more…)

Indigenous financial institutions under scrutiny

Ndamu Sandu AS the financial sector awaits the outcome of the Reserve Bank of Zimbabwe (RBZ)’s on-spot inspection on banks, the spotlight is on indigenous financial institutions who have become […]

Jewel rules out merger

Godfrey Marawanyika BUOYED by a $107,2 billion after tax profit, the Jewel Bank of Zimbabwe has ruled out any possible mergers or acquisitions.

Congress paves way for govt/business cooperation

Ngoni Chanakira THE recent Confederation of Zimbabwe Industries (CZI) congress, which brought together more than 250 business executives to the Victoria Falls, seems to have paved the way for cooperation […]

High rates stall property sector

Shakeman Mugari ZIMBABWE’S property sector is expected to remain largely stagnant due to the high inflation and interest rates. Ana (more…)

New policy to clean up mess in banks

Godfrey Marawanyika THE Reserve Bank of Zimbabwe (RBZ) has cobbled together a new policy for banks known as the Troubled Bank Resolution Strategy expected to deal with problems affecting the […]

Zim goes for Chinese trains

Godfrey Marawanyika ZIMBABWE intends to import Chinese-made railway wagons and locomotives to replenish those dilapidated among its fleet. The deal is, however, still subject to negotiat (more…)

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