President Mugabe Introduces New Law to Compel #Zimbabwe Banks to Accept...
Commercial banks in Zimbabwe will soon be compelled to accept livestock such as cattle, goats and sheep as collateral for cash loans to informal businesses under a new law presented to Parliament...
View ArticleZimref gets $40m pledges for development
Business Reporter The Zimbabwe Reconstruction Fund has to date received pledges amounting to over $40,4 million from donors aimed at strengthening the country’s systems for reconstruction, development...
View Articlefastjet increases number of flights
fastjet Business Reporter Fastjet has increased the number of flights on its route between Harare and Victoria Falls in response to strong passenger demand. The airline, which previously operated...
View ArticleZim awaits Sadc on import duties
Minister Bimha Golden Sibanda Senior Business Reporter ZIMBABWE is still awaiting technical input from Sadc before addressing the request by South Africa for a phase down of certain duties and...
View ArticleDarwendale mining project viable’
Minister Chinamasa Business Reporters GLOBAL mining engineering firm, DRA South Africa, has confirmed viability of the $400 million Darwendale mining project, ranking it among the top platinum group...
View ArticleZimref Gets $40m Pledges for Development
The Zimbabwe Reconstruction Fund has to date received pledges amounting to over $40,4 million from donors aimed at strengthening the country’s systems for reconstruction, development and poverty...
View ArticleDarwendale Mining Project Viable
GLOBAL mining engineering firm, DRA South Africa, has confirmed viability of the $400 million Darwendale mining project, ranking it among the top platinum group metal ventures in the world. A banking...
View ArticleNoic, Triangle in Ethanol Talks
The National Oil Infrastructure Company of Zimbabwe (NOIC) is in discussions with Triangle Limited to form a joint venture company for the production of ethanol. This comes as Government recently...
View ArticleTreasury Refuses to Release More Bond Notes Amid Cash Shortages
Zimbabwean Finance Minister Patrick Chinamasa has refused to add more bond notes into the southern African country’s struggling market, insisting that the country’s only solution was to increase...
View ArticleHwange Colliery needs more than a financial reboot
HARARE, April 11 (The Source) – Hwange Colliery Company’s latest set of financial results raise questions about its going concern status and the ability of its major shareholder, the government, to...
View ArticleWe won’t tolerate predatory pricing: Potraz
Golden Sibanda Senior Business Reporter THE Postal and Telecommunications Authority of Zimbabwe says it will not tolerate mobile network company promotions that exhibit tendencies of predatory pricing....
View ArticleCommand Mining Should Be Next in Line
The sky is the limit, as it were, for any agreement with leaders driven by commodity thought processes in their endeavours to boost their country’s social and economic status and with that the lives of...
View ArticlePlastic Money Convenient for Business
By Sanderson Abel Financial innovation is fast changing the way we deal with money giving us more convenience and easy access to funds from anywhere. It all started with a simple credit card that...
View ArticleRBZ Eases Foreign Payments Bottleneck
By Happiness Zengeni and Conrad Mwanawashe The Reserve Bank of Zimbabwe has moved to ease foreign payments bottlenecks after it drew-down $100 million on the $150 million African Export-Import Bank...
View ArticleChiyangwa to Get Compensatory Land
By Collen Murahwa Government is finalising the transfer of Tanlallon Estate in Manyame to businessman and property mogul, Dr Phillip Chiyangwa, in compensation of land he lost in Stoneridge after it...
View ArticleWe Won’t Tolerate Predatory Pricing – Potraz
By Golden Sibanda THE Postal and Telecommunications Authority of Zimbabwe says it will not tolerate mobile network company promotions that exhibit tendencies of predatory pricing. “Predatory pricing”,...
View ArticleGetbucks lists $30mln bond on ZSE
HARARE, April 12 (The Source) – Deposit- taking microfinance institution Getbucks on Wednesday said it is in the process of raising $30 million through a bond, the first such instrument to be listed on...
View ArticleZim moves closer to using movable assets as security for loans
HARARE, April 12 (The Source) – The Movable Property Security Interest Bill has gone through a second reading in the National Assembly, as Zimbabwe moves towards the use movable assets such as...
View ArticleZimbabwe government issues $4,4bln TBs in three years
HARARE, April 12 (The Source) – Government has to date issued Treasury Bills totalling $4,417 billion since 2014 with $3,315 billion of those being current, Finance Minister Patrick Chinamasa has...
View ArticleRand firms, banks strengthen as resistance to Zuma swells
COMPANY DATA BARCLAYS AFRICA GROUP LIMITED [JSE:BGA] Last traded 145 Change 2 % Change 1 Cumulative volume 3342865 Market cap 0 Last Updated: 12-04-2017 at 05:00. Prices are delayed by 15 minutes....
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