THE introduction of the RTGS dollar has created challenges for Zimbabwe’s banking sector, the International Monetary Fund (IMF) has said.Advertisements
finance
-
-
Companies & Markets
Nampak shareholders denied dividend
by Omega Ukamaby Omega Ukama 0 minutes readNAMPAK, Africa’s largest diversified packaging manufacturer, says it is withholding dividends to shareholders due to a worsening liquidity crisis in Zimbabwe.Advertisements
-
Companies & Markets
Delta eyes forex in the region
by Paul Nyakazeya, Group Digital Editor 0 minutes readDELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, is expanding its wings in the region to generate more foreign currency.Advertisements
-
Sport
Cricket World Cup: Bangladesh beat South Africa by 21 runs
by Omega Ukamaby Omega Ukama 0 minutes readBangladesh stunned South Africa to start their World Cup campaign with a fine 21-run victory at The Oval.Advertisements
-
Top Stories
Flawed government policies driving illicit flow
by Omega Ukamaby Omega Ukama 0 minutes readPRESIDENT Emmerson Mnangagwa government’s flawed policies around the flow and exchange of foreign currency have been blamed for illicit financial flows out of Zimbabwe.Advertisements
-
THE RTGS dollar continues to take a heavy battering against most major currencies — amid worrying indications that it may soon trade above 10 to the American unit, as the …
-
OUTGOING British American Tobacco Zimbabwe (BAT) managing director Clara Mlambo says she was not ‘pushed out’, contrary to market perceptions.Advertisements
-
Top Stories
Ruzvidzo tipped for CZI presidency
by Paul Nyakazeya, Group Digital Editor 0 minutes readRICHMOND Furnitures managing director Henry Ruzvidzo is today expected to be elected the new Confederation of Zimbabwe Industries (CZI) president when the organisation holds its annual general meeting (AGM) in …
-
Companies & Markets
Power outages weigh down Border Timbers
by Omega Ukamaby Omega Ukama 0 minutes readFOREST estates and saw-milling company Border Timbers (Border), currently under administration, says its lumber production for the eight months to February 2019 was significantly affected by power outages.Advertisements
-
NATIONAL Foods (NatFoods), one of Zimbabwe’s food processing giants, is struggling to import raw materials after the central bank failed to remit its US$54,9 million legacy debt owed to a …