Commercial Farmers' Union of Zimbabwe
Zimbabwe investors find glass half-full http://mg.co.za/ 31 May 2012 07:38 – Jason Moyo Uncertainty has become a way of life for businesses eyeing Zimbabwe’s consumer boom. Jason Moyo reports. For foreign investors willing to take a risk on Zimbabwe, it is always a question of which news to trust. Just as foreign investors at a conference in Harare …
‘Time to get into Zimbabwe’ – Investors urged http://www.thezimbabwemail.com/ TINA WEAVIND – BUSINESS TIMES 51 minutes ago Economic growth estimated at 9.4%, with mining sector set to rise 15.9% this year and agricultural sector by 11.6% ‘Fortune favours the brave” is the adage printed on the cover of Imara Africa Securities’ Zimbabwe Stock Exchange overview. It might …
Govt to tackle inflated interest rates –– Biti http://www.theindependent.co.zw/ Friday, 18 May 2012 08:41 Gamma Mudarikiri GOVERNMENT will introduce a policy framework to reduce banks’ inflated interest rates, currently hovering between 15% and 25%, Finance minister Tendai Biti has said.Biti told journalists in Harare yesterday his ministry had fruitlessly engaged the Bankers Association of Zimbabwe (BAZ) to consider …
Local banks get lifeline http://www.thestandard.co.zw/ Saturday, 17 March 2012 15:50 BY NDAMU SANDUGOVERNMENT is working with the African Export-Import Bank (Afreximbank) to introduce a financial instrument that can be used as security in inter-bank placements. Information obtained on Friday shows that the instrument will be backed by performing trade-related loans of banks which could then be used as …
Tendai Biti on the state of the economy PRESS STATEMENTSTATE OF THE ECONOMY: FEBRUARY 2012 INTRODUCTION 1. This Press Statement is in line with our commitment in the 2012 Budget Statement on the necessity of being transparent and adequately informing the public on economic developments. This Statement, therefore, seeks to update the public on …
CFU, BAZ join to stimulate investment http://www.thestandard.co.zw/ Sunday, 11 March 2012 10:22 BY KUDZAI CHIMHANGWATHE Commercial Farmers Union (CFU) and the Bankers Association of Zimbabwe (BAZ) are working on improving the country’s productive sector capacity by stimulating investment inflows leveraging on the real estate sector as collateral. The arrangement entails private enterprise mobilising funds and resources against the value …
$2 billion pumped into agriculture but abused by new farmers http://www.swradioafrica.com By Tichaona Sibanda24 February 2012 There are strong indications that many of the farmers who received land under the controversial land grab program, sold most of the free inputs they received from government. This came to light following revelations by Finance Minister Tendai Biti that the country’s …
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Biti moves to stabilise banking sector outlined http://www.theindependent.co.zw/ Friday, 17 February 2012 11:09 Chris Muronzi FINANCE minister Tendai Biti and Reserve Bank governor Gideon Gono on Thursday announced reforms which they expect to improve liquidity and stability in the banking sector, including, among other things, ordering financial institutions to remit offshore funds and barring bank shareholders from day to …
Minister Biti: Press Statement on Improving Financial Market Liquidity http://www.swradioafrica.com IMPROVING FINANCIAL MARKET LIQUIDITYPRESS RELEASE BY HON. T. BITI (M.P.)MINISTER OF FINANCE 1. Introduction 1.1. In line with commitments outlined during the pre-Budget consultative process and in my January 25, 2012 Press Statement, Treasury will periodically be communicating on some of the major developments within the economy. 1.2. …
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Zimbabwe’s Social Security Authority Takes 84% Stake In Troubled Bank http://www.voanews.com/ 13 February 2012 The state-run Herald newspaper quoted Renaissance Bank Curator Reggie Saruchera as saying NSSA will inject US$10 million and convert to equity an earlier US$8.5 million loan to the bank that cannot be repaid Gibbs Dube | Washington Zimbabwe’s National Social Security Authority has …
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