Money & Markets
Main News Money & Markets

Mugabe signs law forcing government to take over $1.2b RBZ debt

PRESIDENT Robert Mugabe has signed into law the controversial Reserve Bank of Zimbabwe (RBZ) debt assumption bill. The development means government has taken.

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Main News Money & Markets

Electronic payments to reach $50bln by year-end – RBZ

By  The Source Zimbabwe’s central bank says electronic payments are expected to reach $50 billion by the end of the year as the.

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Money & Markets

Tetrad creditors want forensic audit of bank

Some Tetrad Investment Bank (TIB) creditors are pushing for a forensic audit into the affairs of the bank to improve the potential for.

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Main News Money & Markets

Shareholder boosts ZB Bank capital with $20mln interest free loan

by The Source ZB Financial Holdings says it has secured $20 million in interest free loan from one of its major shareholders its.

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Main News Money & Markets

Govt loses $600,000 to minister Obert Mpofu

by The Source THE cash-strapped government is set to lose nearly $600,000 which is locked up in Allied Bank which is majority-owned by.

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Main News Money & Markets

ZSE’s automated trading fails to take off

Zimbabwe’s automated trading platform failed to take off as anticipated last Friday due to technical glitches that affected the central securities depository, sources.

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Main News Money & Markets

Pictures:Nigel Chanakira’s Kingdom Bank Property Attached

HARARE-Auctioneers loaded all the Kingdom Bank’s assets on Wednesday  for an auction this week.

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Main News Money & Markets

Chiyangwa’s Zeco Holdings in financial loss

by The Source HARARE, June 29 (The Source) – Struggling engineering concern Zeco Holdings has narrowed its loss to $2,1 million for the.

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Main News Money & Markets

Liquidated Interfin Bank property to go under the hammer

HARARE-Property belonging to the collapsed Interfin Bank will go under the hammer on Friday as the Deposit Protection Corporation (DPC) seeks to recover.

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Main News Money & Markets Zimbabwe

Demonitisation: RBZ trying to forestall billion-dollar lawsuits

by Staff Reporter THE move by President Robert Mugabe’s government to demonitise the Zimbabwe dollar (Z$) is an effort to forestall possible lawsuits.

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