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CBZ: Zimbabwe's best bank in 2018



CBZ Bank has been voted as Zimbabwe's best-performing bank in 2018 by US-based Global Finance Magazine.CBZ Bank, which has an asset base of US$ 2billion and deposits worth $1,8 billion, is con...Read more

CBZ: Zimbabwe's best bank in 2018

17 March 2019 | 254 Views
CBZ Bank has been voted as Zimbabwe's best-performing bank in 2018 by US-based Global Finance Magazine.CBZ Bank, which has an asset base of US$ 2billion and deposits worth $1,8 billion, is con...

by Staff reporter

Zimbabwe trade registers $44,2m deficit

14 March 2019 | 760 Views
ZIMBABWE'S trade opened the year in the negative, registering a $44,2 million deficit in January, latest data from the statistics agency has shown.Figures released by the Zimbabwe Statistics A...

by Staff Reporter

US$1.5 million lodge opened in victoria Falls

11 March 2019 | 3860 Views
A US$1.5 million lodge, Shongwe Lookout has been opened in the heart of the Zambezi Valley's star tourism attraction Victoria Falls.The 23-bedroom lodge, located in the suburbs, was funded by ...

by Mandla Ndlovu

Strive Masiyiwa buys back controlling stake in Botswana's Mascom

07 March 2019 | 5028 Views
MTN Group Ltd. announced the disposal of its share in a Botswana joint venture as Africa's biggest wireless carrier by revenue kicks off a drive to raise at least 15 billion rand ($1.1 billion) from a...

by Staff reporter

Reserve Bank of Zimbabwe mulls incentive for small gold producers

02 March 2019 | 1859 Views
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has said the central bank is looking at recommendations made by small-scale gold miners for an incentive they need to maintain viability of ope...

by Staff Reporter

Tobacco to increase foreign currency inflows

02 March 2019 | 1374 Views
Foreign currency inflows into the country are set to improve next month, with the Tobacco Industry and Marketing Board (TIMB) having indicated that the 2019 tobacco marketing season will open on March...

by Staff Reporter

$1,4bn Hwange Expansion Project begins

02 March 2019 | 1398 Views
CONSTRUCTION of the $1,4 billion Hwange Expansion Project for Unit 7 and 8 has started in earnest, with the laying of the foundation stone at Hwange Power Station yesterday.Sinohydro is undert...

by Staff Reporter

4 investments that don't give any returns

25 February 2019 | 4162 Views
People are locked in a constant struggle to invest their wealth in the most promising stocks or startup ventures, so the first and last thing on their minds is to make the biggest returns possible. Ho...

by Staff Reporter

THI and Zimnat announce underwriting management agency agreement

21 February 2019 | 481 Views
THI Insurance has entered into an underwriting management agency agreement with Zimnat General Insurance that will result in THI being underwritten by Zimnat, in conjunction with Santam Agriculture, t...

by Agencies

NetOne donates to ZRP

21 February 2019 | 1756 Views
Zimbabwe's second largest mobile network provider NetOne has signed a donation agreement with the Zimbabwe Republic Police (ZRP) traffic department in a bid to decongest the capital city. The ...

by Simbarashe Sithole

Full RBZ Monetary Policy statement.

20 February 2019 | 6992 Views
THE Reserve Bank of Zimbabwe (RBZ) has liberalised the US dollar exchange rate against real time gross settlement balances (RTGS), bond notes and all currencies in the multi-currency basket, as i...

by RBZ

How to Choose the Best Forex Broker for Beginners

20 February 2019 | 1272 Views
The Forex market is one of the largest financial markets in the world. It offers 24 hours trading with a turnover of trillions of dollars a day. The currency market is filled with people with diverse ...

by Staff Reporter

Tendai Biti speaks on today's monetary policy statement

20 February 2019 | 11702 Views
Former Minister of finance Tendai Biti says today's Monetary Policy Statement should devalue the Bondnotes and strengthen the multi currency regime that was introduces in 2009.Reserve Bank of ...

by Mandla Ndlovu

Can the Zimbabwe currency situation be solved using innovative technology?

19 February 2019 | 1090 Views
Zimbabwe has been ravaged by price increases and shortages of basic commodities such as fuel. A new technology business, ZIMBOCASH, says the direct cause of these challenges is money printing. ZIMBOCA...

by Agencies

What type of forex trader are you?

19 February 2019 | 1775 Views
Forex traders come in all shapes and sizes. Everyone has their own unique style of trading forex, but it is possible to discern some similarities between successful traders. There are some dis...

by Staff Reporter

New Zim currency expected this week

11 February 2019 | 23801 Views
Former Finance Minister Tendai Biti has revealed that government will be introducing a new currency this week as promised by current Finance Minister Mthuli Ncube that the country will soon adopt its ...

by Mandla Ndlovu

Medical Aid Societies increase payments for healthcare services

08 February 2019 | 1491 Views
The Association of Healthcare Funders of Zimbabwe has increased the fees payable by its member medical aid societies to healthcare service providers with effect from Monday (February 11).Payme...

by Agencies

Zimbabwean businessman to assemble, sell cars locally

04 February 2019 | 8351 Views
A ZIMBABWEAN professional and businessman based in the United States of America has partnered an Indian and Italian car maker to set up a car assembling plant in Kwekwe, Zimbabwe, focusing mainly on a...

by Elijah Chihota

Old Mutual Zimbabwe to develop Hwange Town Centre

03 February 2019 | 1443 Views
HWANGE Local Board has entered into an agreement with Old Mutual Zimbabwe for the development of a town centre, which will encompass the establishment of an estimated US$50 million Civic Centre, an of...

by Staff Reporter

Safeguard launches SOS app

28 January 2019 | 1522 Views
Safeguard Alarms has launched a smartphone application that its rapid response clients can use to summon assistance in any security, medical or motor vehicle emergency. The Safeguard SOS app u...

by Agencies

Zimbabwe, SA in financial package talks

27 January 2019 | 13208 Views
ZIMBABWE and South Africa are still locked in crucial talks over a financial package for Harare to help the country clear its arrears to international financial institutions, Finance Minister Professo...

by Staff Reporter

Public urged to transport cash safely

14 January 2019 | 1274 Views
With robberies on the increase and cash a major target, a local security company has called on members of the public to avoid keeping large amounts of cash at home or the office and certainly to avoid...

by Agencies

Government targets reduction of tax burden by 2021

13 January 2019 | 1508 Views
Government says Zimbabweans should expect reduction of the tax burden by 2021 as Treasury seeks to address challenges that led to the country experiencing fiscal imbalances.The reduction in go...

by Staff Reporter

AirZim suspends flights

12 January 2019 | 3596 Views
National airline, Air Zimbabwe has suspended flights up to mid-month due to maintenance works being carried out on its only functioning plane. The airline, which has largely been operating onl...

by Staff Reporter

Zimbabwe to have own currency in 12 months

12 January 2019 | 4474 Views
Finance and Economic Development Minister Professor Mthuli Ncube yesterday said the country will have its own currency within the next 12 months, as Government is frantically working on raising enough...

by Staff Reporter

Learn how to successfully grow your business by following these steps

09 January 2019 | 1720 Views
Every single entrepreneur wants to grow the business into a large and successful enterprise. The fact is, this isn’t something that will happen within the span of a few nights or even weeks or month...

by Staff Reporter

You need these qualities to be a successful cleaning franchise holder

08 January 2019 | 1170 Views
Both residential and commercial establishments need cleaning services. These places need maintenance, and cleaning takes time. Homeowners and business managers often outsource the work to a cleaning c...

by Staff Reporter

Common mistakes in hiring an immigration lawyer you need to avoid

28 December 2018 | 2123 Views
You need the best immigration lawyer to help you with your endeavours. You might be applying for an immigrant visa for the UK or facing the threat of deportation. You need someone to help you out. The...

by Staff Reporter

Zimbabwean businessman sues SA investor

28 December 2018 | 1596 Views
A ZIMBABWEAN national, Ryan Chinyangare, is suing South African firm, Nkosikhona Holdings, for failing to pay him $3 million in consultancy work in securing the controversial 'CTX Project' with govern...

by Staff Reporter

ZCTU threatens national shutdown

28 December 2018 | 2869 Views
THE Zimbabwe Congress of Trade Unions (ZCTU) has demanded that President Emmerson Mnangagwa's government decisively tackle the country's economic challenges or risk workers going on an indefinite stri...

by Staff Reporter

Government issues another ethanol licence

27 December 2018 | 4810 Views
Government has issued a third ethanol production licence to a yet to be disclosed company as a way to curb shortages of the blending liquid. This is in light of an increase in fuel consumption...

by Staff Reporter

Zimbabweans not highly taxed - Zimra

27 December 2018 | 3055 Views
The Zimbabwe Revenue Authority (Zimra) says Zimbabweans are not highly taxed as claimed by some sections of society. Most of these taxes compare favourably with the rest of Sub-Saharan countri...

by Staff Reporter

Zimbabwe moving towards dollarisation - Economists

25 December 2018 | 15378 Views
Economists have warned government over the continued usage of bond notes as a medium of exchange saying the surrogate currency is at risk of facing rejection from the market.Government is adam...

by Daily News

MPs say 'Yes' to Mthuli Ncube's 2% tax

25 December 2018 | 2233 Views
The 2019 National Budget sailed through the National Assembly on Thursday with legislators adopting the two percent intermediated tax which was one of the contentious issues in the Finance Bill. Parli...

by Staff Reporter

Callisto Jokonya appointed ZIMRA chairperson

20 December 2018 | 4075 Views
 The Minister  of Finance Mthuli Ncube has appointed a new Zimbabwe Revenue Authority (Zimra) board comprising of six members. The new members are  Callisto Jokonya (Chairperson), Josep...

by Mandla Ndlovu

5 Ways to finance your construction project

19 December 2018 | 2297 Views
Deciding to construct a building is a big decision. It doesn't matter if you're looking to build a tower block of 50 apartments, your own private castle or even just a straw hut. You'll need planning ...

by Staff Reporter

IMF backs Mnangagwa's economic plan

16 December 2018 | 2480 Views
The International Monetary Fund (IMF) has been bowled over by President Emmerson Mnangagwa's current economic plan, which has already seen Treasury recording a budget surplus of over $29 million durin...

by The Sunday Mail

You need to avoid these things to attract the best medical staff

10 December 2018 | 981 Views
Hiring the perfect medical staff does not only involve a tedious hiring process. Even if you are cautious in finding the right person for the job, if the pool of candidates is weak, you will still end...

by Agencies

Liquid Telecom to invest $400m USD in Egyptian network infrastructure and data centres following completion of 'Cape to Cairo'

10 December 2018 | 1040 Views
Harare, Zimbabwe. December 10, 2018 - Leading pan-African telecoms group Liquid Telecom has announced that it is investing 8 billion Egyptian Pounds ($400m US Dollars) in Egypt over t...

by Mapozho Saruchera

Zimnat featured in top US magazine

07 December 2018 | 943 Views
Zimnat is featured on the cover of the latest Africa edition of Business Chief, a United States-based digital magazine for high ranking company executives, with a picture of its group chief executive,...

by Zimnat

Give your loved ones an essential grocery hamper this Christmas

06 December 2018 | 1723 Views
Over the Christmas period SmartWuhn Logistics LTD in partnership with Two Brothers LTD aim to enable people at home and in the diaspora to stock up on essential groceries in a few easy steps. The groc...

by Mandla Bhebhe

The right promotional merchandise can help develop your brand name

06 December 2018 | 315 Views
Promotional merchandise typically refers to items used to help build a brand or increase brand awareness, or to highlight a special product launch, etc. This may be achieved by display techniq...

by Staff Reporter

WATCH: Zimbabwe is the biggest buy in Africa, Mthuli Ncube tells CNN

06 December 2018 | 3733 Views
 “For the new #Zimbabwe, we are focused on economic revival for prosperity for Zimbabwe citizens and investors. #Zimbabwe assets are the biggest and best BUY in Africa, right now!”  ...

by Staff Reporter

Zimnat launches customer care Chatbot Musa

05 December 2018 | 473 Views
Zimnat has launched a customer service chatbot, an automated chat that responds to customer queries and provides answers to frequently asked questions. The chatbot has been aptly named Musa. S...

by Agencies

Zimnat launches online self-service portal

05 December 2018 | 594 Views
Zimnat is once again leading the way in modernising the country's insurance industry by establishing a self-service online portal that enables customers and potential customers to obtain quotations fo...

by Agencies

Mthuli Ncube's TSP creditor positive and transformative for Zimbabwe economy - Moody's

04 December 2018 | 4934 Views
Moody's ranks Zimbabwe Finance Minister Mthuli Ncube's Transitional Stabilisation Programme (TSP) as creditor positive and transformative for Zimbabwe economy ...

by Agencies

$10 million worth of fuel pumped into Zimbabwe

30 November 2018 | 6835 Views
The Zimbabwean government has revealed that $10 million worth of fuel is pumped into the market daily and the shortages might be caused by players hoarding the precious liquid. "I have spoken ...

by Mandla Ndlovu

Govt backs Air Zimbabwe reconstruction plan

28 November 2018 | 1468 Views
The government has backed a reconstruction plan for the national airline, Air Zimbabwe, after a creditors meeting on Thursday ruled out possibilities of liquidating the parastatal.For an airli...

by Staff Reporter

Zimbabwe is 'open for business' - Raizcorp leads the call

28 November 2018 | 1273 Views
As the Zimbabwean economy enters a new period of revival and renewal, President Emmerson Mnangagwa has gone on record to say that, if the country is to succeed in the global economy, empowering local ...

by Agencies

New procurement law faces resistance

28 November 2018 | 1137 Views
Most parastatals are not adhering to new public procurement procedures, with some resisting the changes meant to encourage transparency in the process, the regulatory authority has said.Speaki...

by Staff Reporter
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