Money & Markets
Main News Money & Markets

No Joy For Zim As Revenues Shrink

THE cash-strapped but extravagant Zimbabwean government, which is operating on a hand-to-mouth basis, is facing a tough 2015 as its revenue base is.

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Money & Markets

ZSE automation gathers pace

The country’s Central Securities Depository firm, Chengetedzai Depository Company yesterday said companies listed on the Zimbabwe Stock Exchange that are not yet on.

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Money & Markets

Bullish Mozambique bets on natural gas

MOZAMBIQUE’S new government, appointed January 17 by President Filipe Nyusi, features an enlarged energy ministry as the Southern African country strives to transform.

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Main News Money & Markets

Steward Bank Appoints Acting CEO

STEWARD Bank Limited has announced the appointment of Lance Mambondiani as the acting Chief Executive Officer. Mambondiani has been with Steward Bank Limited.

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Money & Markets

Mobile Money Transfers Up 36pc

The total value of transfers and transaction on mobile money services for the nine months to September 2014 increased by about 36 percent.

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Money & Markets

Concern As Zim’s trade Deficit Widens

Zimbabwe’s balance of trade continues to be in deficit as the country’s growth rate decelerates. The trade deficit widened to $3,3 billion in.

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Money & Markets

Chinese bank releases $65m for NetOne expansion

THE Exim Bank of China has released $65 million for NetOne’s network expansion. The money, which is 30 percent deposit of the total.

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Money & Markets

Hwange Colliery Starts to Clear Salary Backlog

Hwange Colliery Company Limited (HCCL) has started paying salaries to its workers’ who had gone for two years without salaries. The coal mining.

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Money & Markets

Oil Prices Continue to Fall

LONDON — Oil prices renewed their decline yesterday, dropping below $49 a barrel as Goldman Sachs slashed its short-term forecasts and Gulf producers.

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Money & Markets

Bond coins: RBZ engages kombi operator

The Reserve Bank of Zimbabwe has engaged retailers and the Urban Commuter Omnibus Operators Association to encourage their members to accept bond coins..

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