Commercial Farmers' Union of Zimbabwe
Zimnat makes it easier for businesses to obtain funding 10/7/2019 The Herald Taurai Craig Museka As Zimbabwe maps its way towards economic recovery and realising a better balance of payments, export development initiatives have become a priority for both the government and private sector. Zimnat is on an innovation drive to develop insurance products …
Read more “Zimnat makes it easier for businesses to obtain funding”
Zim-dollar return: Frequently asked questions, answers 10/7/2019 The Chronicle THE return of the Zimbabwean dollar has become a topical issue among locals and abroad, as people seek to gain understanding of its implications on the economy. In particular, the public is concerned about the impact of the policy shift on their earnings, spending power …
Read more “Zim-dollar return: Frequently asked questions, answers”
Corrupt govt officials besiege Chinese firm 5/7/2019 Independent THE Chinese have expressed outrage at the Zimbabwean government following a siege laid on one of its investors by corrupt government officials amid complaints about the rule of law, property rights, political bullying, criminality and corruption, it has emerged. BY BRIDGET MANANAVIRE The situation has tensed …
RBZ deploys price monitors…as prices continue to slide 7/7/2019 Source: RBZ deploys price monitors…as prices continue to slide | Sunday Mail (Local News) Bulawayo Bureau THE Reserve Bank of Zimbabwe (RBZ) has deployed a team of price monitors to assess compliance with the recently promulgated law which makes the Zimbabwe dollar the sole legal tender …
Read more “RBZ deploys price monitors…as prices continue to slide”
Forex ban: A typical law likely to criminalise every citizen Source: Forex ban: A typical law likely to criminalise every citizen – NewsDay Zimbabwe July 2, 2019 guest column Learnmore Zuze A fundamental legal principle enunciating the facets of a typically well-crafted law relates to the aspect of reasonability. Among a host of other pillars like …
Read more “Forex ban: A typical law likely to criminalise every citizen”
RBZ takes aim at forex speculators 3/7/2019 The Herald Golden Sibanda Senior Business Reporter Government says the sharp hike of the overnight bank rate by the Reserve Bank of Zimbabwe to support the domestic currency will discourage borrowing for currency speculation as well as protect the value of the local unit, but will subsist …
Interbank rate overtakes black market 3/7/2019 The Chronicle Pamela Shumba, Senior Reporter THE interbank exchange rate has surpassed parallel market rates with some banks offering more in local currency for those exchanging their foreign currency. Government last week outlawed the use of multiple currencies through new regulations that compel all forms of transactions to be …
Govt to enforce SI-142 compliance 2/7/2019 The Herald Tawanda Musarurwa Senior Reporter Zimbabwe’s monetary and fiscal authorities have put in place measures to ensure enforcement of Statutory Instrument 142 of 2019, which effectively ended the multi-currency system and determined the “Zimbabwe dollar” as the sole legal trading currency in the country. Last Monday, Treasury moved …
Agribank declares US$5,5m dividend 2/7/2019 The Chronicle Harare Bureau The Agricultural Development Bank (Agribank) has declared a US$5,5 million dividend to Government after recording a 63 percent growth in profit to $13 million in the year to December 2018, breaking away from the common streak of State entities mired in perennial losses. Chief executive, …
‘No repeat of 2008’. . . Measures in place to preserve Zim dollar value 2/7/2019 The Chronicle Elita Chikwati, Harare Bureau Finance and Economic Development Minister Professor Mthuli Ncube says authorities have instituted measures that will ensure that the local currency will not suffer previous depredations, following the recent gazetting of Statutory Instrument 142 of …
Read more “‘No repeat of 2008’. . . Measures in place to preserve Zim dollar value”