TREASURY will have the final signature on external loan contraction by parastatals and local authorities as part of far- reaching reforms to curb the recurrence of borrowings not meant for key project...
The Reserve Bank of Zimbabwe has been urged to expedite the setting up of the Credit Reference Bureau which will help enhance credit risk management given the increase in non-performing loans.The Cred...
Zimbabwe plans to rejoin the London Bullion Marketing Association (LBMA) by the end of next year after complying with the global gold trading centre's requirements.The government is in the process of ...
LENDING by microfinance institutions (MFIs) has remained skewed towards consumptive lending at the expense of supporting small and medium enterprises that are critical to economic development, the Res...
When you sit with ideas and you want to go places, it is often one of the hardest tasks to figure out how to lead without authority. Good leaders know they should unlock the potential of people by giv...
Cabinet has approved proposals to establish a debt management system to monitor local and external borrowings by government institutions.The proposed setting up of the Zimbabwe Debt Management Office ...
The Reserve Bank of Zimbabwe (Debt Assumption) Bill has been submitted to Parliament for review as the move to re-capitalise the central bank and restore its core functions gathers momentum.The Bill, ...
The Confederation of Zimbabwe Industries (CZI) has said Zimbabwe's economy needs re-engineering as a number of local companies' operating models are still based on an obsolete import substitution mode...
The Reserve Bank of Zimbabwe says it awaits the passage of the Debt Assumption Bill in parliament in order to start its operations on a clean balance sheet.Earlier on this week, central bank Governor ...
The Ministry of Finance and Economic Development has been taken to task over why the Zimbabwe Revenue Authority continues to levy high taxes on an industrial base which is shrinking due to economic ch...
Conflicting policies on investment and indigenisation by different government ministries and departments is confusing and scaring away both local and foreign investors, Parliament heard on Tuesday.Zim...
The Industrial Development Corporation is set to relinquish its holding of several companies following its complete overhaul.Minister of Industry and Commerce Mike Bimha told the Parliamentary Portfol...
Struggling companies that have been failing to meet requirements to access the Distresses Industries and Marginalised Areas Fund (DIMAF) will be relieved following indications that Old Mutual has agre...
Government will not consider using the country's mineral resources as leverage to mobilise funds needed to revive the economy before conducting geological surveys of the resources available, an offici...
Zimbabwe's economy is on the verge of recession, with low consumer demand and a liquidity crunch putting its businesses under strain.Against this backdrop, Finance Minister Patrick Chinamasa tells Pau...
Government and its technical partners have established a technical team to collect Foreign Direct Investment statistics in the country, an official has said. The Zimbabwe Investment Authority chief ex...
Financial institutions are a major source of funding that individual and organisations can borrow to finance personal and business issues.However, all borrowings from whatever source; banks, credit st...
The Institute of Chartered Secretaries and Administrators in Zimbabwe has announced there will be a special award category for financial institutions in this year's Excellence in Corporate Governance ...
Government has admitted that Zimbabweans generally lack the skills to run businesses despite introducing Indigenisation policy, which stipulates a 49-51% ownership structure between foreign investors ...
After what seemed like a lifetime, South Africa's Association of Mine workers and Construction Unions successfully negotiated a settlement with employers promising to triple entry level mining wages o...
Farmers will soon pay between $1 and $3 per hectare in rent annually as Government steps up efforts to raise money to expedite the processing of 99-year-leases and promote productivity on the farms, t...
The Zimbabwe Government on Thursday denied reports that it is in the process of amending the Indigenisation and Empowerment Act.Recent media reports indicated that the Government was in the process o...
Bikita West legislator and ex-advisor to former Reserve Bank of Zimbabwe (RBZ) Governor Dr Gideon Gono, Dr Munyaradzi Kereke, has written a formal report on alleged tax fraud by his former boss.In a&...
Ever since the high tech generic drug production facility, Cinpharm-Cameroon, was set up, it is relatively easier for Cameroonians to have access to medicines. Now a low wage earner can access a cour...
The art of delegationManagers are expected to achieve results. Some definitions of management actually define this art as achieving objectives through others. The question is how can we effectively do...