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#Zimbabwe Bond Notes Legal and Here To Stay – Finance Minister Chinamasa

#Zimbabwe Bond Notes Legal and Here To Stay – Finance Minister Chinamasa Daniel Nemukuyu Senior Court Reporter— PRESIDENT Mugabe acted in terms of the law when he promulgated Statutory Instrument 133...

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#Zimbabwe Businessman Frank Buyanga: How I Built My Empire

JOHANNESBURG – Call him unlucky or dodgy, whichever way you look at it Zimbabwean financier and moneylender, Frank Buyanga, can fight. He was trapped in his adopted country, South Africa, after...

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Zimbabwe President Mugabe to open newly Chinese-built Victoria Falls airport

Zimbabwe President Robert Mugabe is set to open a new-look expanded airport in Victoria Falls. Chinese construction company Jiangsu and China’s Exim bank are behind the multimillion-dollar upgrade....

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#Zimbabwe war veterans awarded lucrative government tender

MUTARE, November 18 (The Source) – Government has awarded a lucrative tender to Power Zimbabwe Private Limited – a company wholly owned by war veterans – as the ex-combatants make a fresh bid to...

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Zimbabwe passes law pegging 1 Bond Note = USD1

Law to back Zimbabwe bond notes currency gazetted Reserve Bank of Zimbabwe Elita Chikwati Senior Reporter— Government has gazetted the Reserve Bank of Zimbabwe Amendment Bill 2016 to enable the central...

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ZESA Zimbabwe Warns of Power Cuts Due to Dollar Shortages

ZESA Zimbabwe Warns of Power Cuts Due to Dollar Shortages By Godfrey Marawanyika and Chengetai Zvauya (Bloomberg) — Power utility only receiving $1.5m weekly allocation from central bank instead of...

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Pegged at 1:1 with United States Dollar, #Zimbabwe Bond Notes to be released...

  Harare – Zimbabwe’s dreaded bond notes are set to be out next week central bank governor John Mangudya has reportedly said. According to the state-owned Sunday Mail newspaper, Mangudya said that all...

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Power Crisis Looms in Zimbabwe as ZESA Fails to Pay South South Africa and...

WASHINGTON DC —  The Zimbabwe Electricity Supply Authority (ZESA) is failing to service is ESKOM and Mozambique power import accounts due to cash shortages. ZESA chief executive Josh Chifamba told...

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Shocking pay difference between black and white professionals in South Africa

New data shows a massive difference between the median pay of black and white professionals in South Africa. Analytico, a data and earnings analytic consultancy, conducted a comparative earnings...

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Zimbabwe’s misguided attempt to avert economic collapse by borrowing

Zimbabwe’s misguided attempt to avert economic collapse by borrowing HARARE, Zimbabwe – It’s late morning in the Zimbabwean capital, and there are already 63 people waiting in line outside a suburban...

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Zimbabwe President Mugabe Signs Notice to Forcibly Acquire Platinum Producer...

By Godfrey Marawanyika (Bloomberg) — Notice of forced sale by Zimplats of 28,000ha contained in Government Gazette, signed by President Robert Mugabe. 128 total views, 8 views today The post Zimbabwe...

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Bond note introduction spells doom for already collapsed Zimbabwe economy

Bond note introduction spells doom for already collapsed Zimbabwe economy Zimbabwe is set to go ahead with the introduction of bond notes despite strong resistance from citizens. The country’s Central...

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Zimbabwe Central Bank Governor: ATMs to Disburse Bond Notes from November 30...

  Enacy Mapakame Business Reporter— Local banks are configuring their automated teller machines to dispense both the US dollar and the bond notes, Reserve Bank of Zimbabwe Governor Dr John Mangudya...

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Broke and Desperate Zimbabwe Government to Tax Vendors

Zimbabwe government to tax vendors Business Reporter— Government is looking into the possibility of taxing the informal sector which has so far remained out of the tax net, depriving Treasury of...

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Reject bond notes at your own peril: Zimbabwe Finance Minister Chinamasa

Reject bond notes at your own peril: Zimbabwe Finance Minister Chinamasa FINANCE minister Patrick Chinamasa yesterday claimed Zimbabweans will reject bond notes at their own peril, as their families...

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As Bond Notes Get Released, Zimbabwe to tighten forex market: Finance...

Government says Zimbabwe will go through a transition of moving from an over liberated foreign exchange market to a controlled one in order to deal with cash leakages which have resulted in liquidity...

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Zimbabwe Banks dread bond notes

Zimbabwe Banks dread bond notes LOCAL banks, which on the surface appear to be supporting the introduction of US$200 million worth of the new promissory currency in bond notes into the market, fear a...

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Zimbabwe fear return of hyperinflation with bond notes to cash runs out

Zimbabwe fear return of hyperinflation with bond notes to cash runs out Image: None None Robert Mugabe. Picture: REUTERS Harare — In Zimbabwe, where worthless $100-trillion banknotes are reminders of...

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Zimbabwe Central Bank Governor: New Bond Note Currency to revive all closed...

Zimbabwe Central Bank Governor: New Bond Note Currency to revive all closed companies and bring millions of jobs Nov. 25, 2016  — RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya, yesterday said...

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Beer Founder and Billionaire Leaves £2 Million to Every Single Person in His...

Billionaire Leaves £2 Million to Every Single Person in His Village Antonino Fernández, who died aged 98 in August 2016, left £169m in his will to the 80 residents of his birthplace – the small...

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