Archive | Business

Banks struggle to meet new wages

Shakeman Mugari MOST indigenous banks are battling to raise funds to meet new wage bills which have shot up due to recent salary increments awarded to all workers in the […]

Shape up or merge, banks told

Ndamu Sandu AS financial institutions grapple to meet the deadline set out by the Reserve Bank of Zimbabwe (RBZ) it has emerged that those failing to comply with the new […]

TeleAccess phones still to ring

Shakeman Mugari ZIMBABWE broke up its telecommunications monopoly by granting a licence to a second fixed line telephone company, TeleAccess, headed by Daniel Shumba, a businessman-cum-politician, in January (more…)

Chartered secretaries tackle managing chaos

Staff Writer RESERVE Bank of Zimbabwe governor Gideon Gono is today giving the keynote address at this year’s annual conference of the Institute of Chartered Secretaries and Administrators in Zimbabwe […]

Fidelity eyes Genesis Bank

Ndamu Sandu FIDELITY Life Assurance of Zimbabwe Ltd, has set its eyes on Genesis Investment Bank as efforts to break into retail and merchant banking intensify.

TETRAD – What a difference a year makes!

By Brian K Mugabe THE stock market’s performance over the month of September makes grim reading as it continued the trend set in August when the Industrial index shed 2,71%. […]

CSC boss quits in a huff

Godfrey Marawanyika BARELY five months after being appointed chief executive officer of the Cold Storage Company (CSC), David Mfote has quit the organisation after allegedly refusing to sign financial statem […]

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