Liquidity challenges continue to stalk economy
ZIMBABWE’S economy has shown strong signs of recovery since liberalisation last year, despite severe funding shortages.
Royal seeks US$25m capital injection
FOUNDING shareholders of Royal Bank are courting external partners to inject US$25 million for capitalisation of the returning bank as it seeks to reclaim its position among the country’s leading financial institutions.
US$80m for Zim investment
ZIMBABWE-focused investment firm Masawara intends to raise US$80 million that will be invested in the telecommunications, mining and agriculture sectors.
Wisman appointed LonZim general manager
LONZIM PLC, the London-listed Zimbabwe focused investment firm, has appointed Mr Edzo Wisman as general manager for Zimbabwe to spearhead the capitalisation process, return to viability and competitiveness.
Zesa resuscitates Munyati Power Station
THE Zimbabwe Electricity Supply Authority has resuscitated the Kwekwe coal-fired Munyati Power Station that had been mothballed for the past decade because of a cocktail of operational challenges.
Compel clearing agents to register: Govt urged
THE Government should make it mandatory for clearing agents to register with an association to enable enforcement of codes of conduct and curb transit fraud.
CCZ silence baffling
The Consumer Council of Zimbabwe has, in recent years, become a seemingly active player in the economy. Conducting supermarket price surveys, issuing monthly consumer baskets and raising its voice in some instances, but it has a tendency to disappoint when it chooses to.