by New Ziana | Nov 23, 2023 | Business, News
Harare (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Thursday cancelled the banking license of Avis Bank Limited over failure to start operations after being granted a licence last year. In a statement, the apex bank said Avis Bank Limited had been granted...
by New Ziana | Nov 13, 2023 | Business, News
Harare (New Ziana) – A local banking group, NMB Zimbabwe (NMBZ), said on Monday it had used a €12.5m line-of-credit facility secured from the European Investment Bank to fund the horticulture sector. In a statement, NMBZ group chief executive officer, Gerald...
by New Ziana | Nov 9, 2023 | Business, News
Bulawayo (New Ziana) – Output in the local mining sector is expected to increase by 20 percent in 2024, an industry report has said. The State of the Mining Industry Survey Report, conducted by independent research consultants commissioned by the Chamber of...
by New Ziana | Nov 7, 2023 | Business, Nehanda Guardian, Provincial Newspapers
FOR some months now Zimbabweans have endured abuse from retailers failing to give them the correct change, especially for denominators below a dollar, after transactions. Instead shops instruct customers to get extra items unplanned for, covering up for the change....
by New Ziana | Nov 3, 2023 | Business, News
Bulawayo (New Ziana)-The Zimbabwe Chamber of Mines on Friday commended the recent move by the government to extend to 2030 the tenure of the multi-currency regime from the initially planned cut off period of 2025, saying this will allow its members to raise capital...
by New Ziana | Nov 1, 2023 | Business, News
Harare (New Ziana)-Finance and Investment Promotion Minister Prof Mthuli Ncube on Wednesday said government departments have put in bids for ZWL$110 trillion in the 2024 national budget, more than the country’s estimated revenue base of ZWL$47 trillion. Prof...
