Commercial Farmers' Union of Zimbabwe
Inflation decreases http://www.theindependent.co.zw/ Friday, 22 June 2012 09:49 Staff Writer INFLATION, as measured by the change in the Consumer Price Index (CPI) came in 0,01% lower than the April figure at 4,02% year on year. Month-on-month inflation was 0,07%, 12 bps lower than April’s 0,19%. Annual inflation in Zimbabwe as measured by ZimStats has trended downwards in 2012 …
Business confidence waning http://www.theindependent.co.zw/ Thursday, 14 June 2012 17:44 A KEY requisite for a viable, successful and growth-oriented economy is business confidence. When a businessman lacks confidence in the viability and future of the economic environment in which he operates, he becomes despondent and depressed, thereby diverting attention from the requirements of his business. This interferes with decision-making and …
Looting spree at Interfin Bank unearthed http://www.theindependent.co.zw/ Friday, 15 June 2012 09:20 AN official investigation into the operations of Interfin Banking Corporation (IBC) unearthed wholesale looting that left the bank reeling from non-performing insider loans of US$60 million, poor corporate governance and general abuse of depositors’ funds by the bank’s shareholders and individuals linked to them, the Zimbabwe Independent …
Zimbabwe bank closures shake fragile sector http://www.businessday.co.za The closure of Zimbabwe’s Interfin Banking Corporation and Genesis Investment Bank due to chronic liquidity problems has shaken the country’s fragile banking sectorDUMISANI MULEYAPublished: 2012/06/13 06:35:42 AM THE closure of Zimbabwe’s Interfin Banking Corporation and Genesis Investment Bank due to chronic liquidity problems has shaken the country’s fragile banking sector, fuelling fears …
RBZ closes two troubled banks http://www.newzimbabwe.com 11/06/2012 00:00:00 by Business Reporter THE central bank has closed Genesis Investment Bank and placed Interfin Bank under curatorship for six months in a bid to prevent problems at the two institutions triggering sector-wide contagion. RBZ chief Gideon Gono said Monday Genesis Bank handed back its operating licence after failing to meet …
Vehicle registration exposes Goche http://www.thestandard.co.zw/ Monday, 11 June 2012 12:36 BY CAIPHAS CHIMHETETHE scrapping of the vehicle registration extension deadline, barely a week after the reprieve, has exposed the confusion, indecisiveness and general inefficiency that has rocked the Ministry of Transport, Communication and Infrastructural Development, for the past few years. Analysts said it was little wonder Nicholas Goche, …
ZINARA’s U-turn irks motorists http://www.thezimbabwemail.com By Staff Reporter 23 hours 28 minutes ago THE Zimbabwe National Road Administration Authority (ZINARA) has with immediate effect cancelled the vehicle licensing disc deadline which had been extended to the 30th of June and says motorists who have not complied risk having their vehicles impounded. Motorists who failed to licence their vehicles …
Zinara deadline scrapped Wednesday, 06 June 2012 00:00 Tendai Mugabe Senior Reporter THE Zimbabwe National Roads Administration has scrapped the June 30 vehicle licensing deadline extension hardly a week after granting the respite. Motorists who fail to display new licence discs will be fined starting today. The deadline was extended following a public outcry from …
Zimbabwe is poised for a great future http://www.politicsweb.co.za/ Vince Musewe04 June 2012 Vince Musewe says once the political situation is sorted out, the country will rebound in a big way ZANU (PF) has made some significant mistakes in the past but I must say its policies during the first decade of independence have created some positive factors that …
No let up to vehicle licensing chaos http://www.thestandard.co.zw/ Saturday, 02 June 2012 19:08 BY LESLEY WURAYAYI CHAOTIC scenes of motorists jostling to get the new vehicle licence discs at the country’s post offices continued last week despite an extension of the registration deadline to June 30. Motorists who spoke to The Standard said they were spending many …