Mr Douglas Munatsi

DBF Capital offloads 3G Mobile stake

Private equity, investment banking and financial advisory concern, DBF Capital Partners together with other shareholders, have offloaded their stake in 3G Mobile Proprietary Limited, a South African-...
Banks play a central role in extending financial services within an economy

Importance of credit reference system

Dr Sanderson Abel Since the introduction of multi-currency system in 2009, the issue of non-performing loans became an albatross around the necks of players in the financial services sector.
KARIBA-DAM

ZPC breaches Kariba power deal

Business Reporter— THE Zimbabwe Power Company has been breaching a contract by not depositing proceeds of the power purchase agreement for the expansion of Kariba South Power Station into an es...
Trust Bank

RioZim loses Trust Bank loan battle

Kudakwashe Mhundwa Business Reporter RioZim Limited has lost its legal battle to have the loan it obtained from Trust Bank reduced to $500 000 from $1,8 million after the High Court reversed a defaul...
Minister Chinamasa

Zim to clear $1,7bn debt by 2018

ZIMBABWE is likely to clear $1,7 billion of interest and penalties it owes international financial institutions by next year and has made progress in re-engaging them, the World Bank’s country direct...
Tobacco Research Board produces sufficient tobacco seed to satisfy the domestic market

Zim has enough tobacco seed: TRB

The Tobacco Research Board (TRB) produces sufficient tobacco seed to satisfy the domestic market while surplus is exported, an official has said. TRB general manager Dr Dalia Garwe said at the moment...
Dr Gideon Gono

Gono appointed SEZ board chairman

Business Reporters Former Reserve Bank of Zimbabwe governor Dr Gideon Gono has been appointed board chairman of the Special Economic Zones. Announcing the board yesterday, Minister of Macro-Economic ...

Govt establishes commercial courts

Zimbabwe has put in place the necessary legal framework for the establishing specialized courts to deal with commercial disputes, in line with efforts to improve the ease of doing business. Commercia...

GMB pays $26m to farmers

Livingstone Marufu Business Reporter FARMERS have so far been paid close to $26 million after delivering about 66 000 tonnes to the Grain Marketing Board. The required moisture suitable for grain sto...