The changing face of banking in Zim

The changing face of banking in Zim http://www.theindependent.co.zw/ Thursday, 09 September 2010 17:42 YESTERYEAR, the investment case for venturing into commercial banking was the prospect of accessing cheaper deposits. Retail deposits come with low costs as most transactional accounts earn hardly any interest. Although savings accounts pay interest, the rates tend to be lower than, …

Chefs grab farming equipment

Zanu PF chefs to grab farming implements http://www.theindependent.co.zw/ Thursday, 09 September 2010 18:57 TOP Zanu PF officials in Matabeleland have agreed to share amongst themselves Reserve Bank of Zimbabwe farming implements stored in Bulawayo and meant for farmers. The decision, viewed as asset grabbing, was taken at a meeting held this week at Davies Hall, …

Bread price increase unjustified: Biti

Bread price increase unjustified: Biti http://www.theindependent.co.zw/ Thursday, 09 September 2010 18:50 Finance minister Tendai Biti has described recent bread price increases  as unjustified, while the Competition and Tariff Commission (CTC) has begun investigations into possible price fixing by bread industry players. Bread producers two weeks ago announced at a press conference that they were increasing …

New strategy, special congress for CFU

New strategy, special congress for CFU http://www.thezimbabwean.co.uk Written by Vusimuzi BhebheWednesday, 08 September 2010 09:56 HARARE – The Commercial Farmers Union plans to hold a special congress in November to discuss the proposed restructuring of the organisation, whose membership has been hit by President Robert Mugabe’s controversial land “reform” programme. (Violent evictions of the last …

Farm invading MP evicted, but warns he will return

Farm invading MP evicted, but warns he will return http://www.swradioafrica.com By Alex Bell08 September 2010 An MP behind the invasion of a farm in Somabuhla has finally been evicted from the property, but has warned he will return to take over the land. MP Jabulani Mangena has led a campaign of harassment, vandalism and violence …

Price of Zim passports reduced after public complaints

Price of Zim passports reduced after public complaints http://www.swradioafrica.com By Tererai Karimakwenda08 September, 2010 The Ministry of Home Affairs has announced that the cost of a standard passport will be reduced from $140 to $50, with immediate effect. The reduction was announced at a joint press conference in Harare on Wednesday by the co-Home Affairs …

Biti says US$50 billion loan ‘unclean’

Biti says US$50 billion loan ‘unclean’ http://www.dailynews.co.zw/ By Guthrie MunyukiWednesday, 08 September 2010 09:19 HARARE – Finance minister Tendai Biti says one of the officials representing a South African firm offering Zimbabwe a failed US$50 billion loan was an arms dealer and could have “Russian Mafia” links. Biti said Norange Capital Markets’ outlandish offer was …

Economists warn against Zimbabwe’s currency black market

Economists warn against Zimbabwe’s currency black market  http://www.sabcnews.com/ September 08 2010 , 6:12:00 Thulasizwe Simelane, Zimbabwe Economists say the resurgence of Zimbabwe’s currency black market is symptomatic of weaknesses in the banking sector and exchange rate distortions. Black market traders who were partly responsible for the demise of the country’s currency two years ago, are …

Zimbabwe seeks S. Africa credit, overdraft facility – finmin

Zimbabwe seeks S.Africa credit, overdraft facility -finmin http://af.reuters.com/ Wed Sep 8, 2010 11:35am GMT * Finmin: Want to revive 2.75 bln rand overdraft facility * Eyeing 500 million rand credit line – Zimbabwe finmin * Zimbabwe agrees $70 mln Botswana credit line By Nelson Banya HARARE, Sept 8 (Reuters) – Zimbabwe is seeking 3.25 billion …

Classified 8 September 2010

If you would like to view our classifieds online please go to www.cfuzim.org PLEASE DO NOT REPLY TO THIS ADDRESS – USE EMAIL ADDRESS: advert@cfuzim.org TO CONTACT CLASSIFIEDS ONLY COMMERCIAL FARMERS’ UNION CLASSIFIEDSWEDNESDAY 8 September 2010HOLIDAYS, TRAVEL & PROPERTIES IMPORTANT NOTICE TO ALL ADVERTISERSPlease check your contact phone numbers especially cell phone and advise this …