Ecocash and swipe are gradually being phased out
Norman Mpofu has said the Ecocash and swipe method of payment which has become the major methods of payment are now being rendered useless as some shops now demand payment… Read more »
Category Archives: Finance
James North projects 60% growth
JAMES North Zimbabwe, the largest producer of industrial protective wear and tarpaulins, projects output to increase well above 60% in 2018, buoyed by increased demand from the formal sector, currently… Read more »
Mthuli Ncube secures $250m loan
The new Minister of Finance and Economic Development, Professor Mthuli Ncube has secured a $250 million commercial loan facility from an international finance company, Gemcorp through the Reserve Bank of… Read more »
Greenzone spreads to Chinhoyi
Integrated Financial services group, Old Mutual Zimbabwe, yesterday opened its eighth Greenzone and refurbished its CABS Branch in Chinhoyi. Greenzone is an arrangement where clients can access Old Mutual’s main… Read more »
Mini hydro scheme for Odzani
The Infrastructure Development Bank of Zimbabwe (IBDZ) says it is ready to conduct a detailed feasibility study on the Manicaland Odzani-Mini Hydroelectric power project, which is expected to be a… Read more »
Finance Minister Says Zimbabwe Should Be Investing In Understanding Cryptocurrencies
There is a ray of hope for cryptocurrencies fans in Zimbabwe after the new Finance Minister, Professor Mthuli Ncube showed a clear interest in digital currencies. He said that The… Read more »
World Bank optimistic on new Cabinet
Bretton Woods institution, the World Bank says work outlined by the new Cabinet should determine the flow of foreign direct investment (FDI) into the country, as investors are increasingly warming… Read more »
IDBZ targets climate change projects
The Infrastructural Development Bank of Zimbabwe is making a fundamental move of expanding its investments towards climate change projects, an official said. The bank — largely owned by the Government… Read more »
Seize chance to align fiscal, monetary policy
Zimbabwe now has a rare chance to do what best practice demands, getting the fiscal, economic and monetary policies into alignment with the Minister of Finance and Economic Development, Prof… Read more »
RBZ registers 19 MFIs in six months
THE Reserve Bank of Zimbabwe (RBZ) registered 19 microfinance institutions in the first six months of the year, to take the overall number of MFIs in the country to 194…. Read more »