ZB Financial Holdings says it has successfully mobilised offshore lines of credit to support the productive sector of the economy as the group increased its profit after tax by 54% to US$21,8 million ...
By Staff reporter | Published: 02 May 2019
ZB Financial Holdings says it has successfully mobilised offshore lines of credit to support the productive sector of the economy as the group increased its profit after tax by 54% to US$21,8 million ...
By Staff reporter | Published: 01 May 2019
AGRIBANK is targeting between US$40 million and US$50 million in fresh lines of credit from international financial institutions for on-lending to exporters, the bank's chief executive Sam Malaba has ...
By Staff reporter | Published: 24 April 2019
GOVERNMENT has swiftly moved to avert a potential catastrophe by availing an emergency US$400 million credit facility to manufacturing companies for the importation of critical raw materials, the Zimb...
By Staff reporter | Published: 19 January 2019
Zifa will start engaging its creditors this week to come up with a payment plan as the new leadership led by Felton Kamambo begins efforts to turn around the fortunes of the association.The associatio...
By Staff reporter | Published: 20 December 2018
The People's Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.A persistent trade deficit has plunged Zimbabwe into ...
By Staff reporter | Published: 07 September 2018
GOVERNMENT has injected $10 million into the Export Credit Guarantee Corporation of Zimbabwe (ECGC) in a bid to promote the growth and diversification of the country's export trade, an official has sa...
By Staff reporter | Published: 06 September 2018
AGRIBANK has obtained a $30 million line of credit from the Industrial Development Corporation of South Africa (IDCSA) to support the agriculture sector. The facility is favourably priced at Libor +8,...
By Staff reporter | Published: 20 July 2018
Ecobank Zimbabwe has rolled out over $150 million worth of letters of credit lines into the Zimbabwean market in the last eight months as the bank moves to support the economy.Ecobank Zimbabwe board c...
By Staff reporter | Published: 20 June 2018
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according ...
By Agencies | Published: 14 June 2018
Zimbabwean banks - which include units of Standard Bank, Nedbank and Standard Chartered - are facing challenges in sourcing lines of credit, and this has seen their foreign liabilities declining, poin...
By Staff reporter | Published: 12 June 2018
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according ...
By Agencies | Published: 11 June 2018
MORE than 1 000 local observers were accredited for the country's pre-election season to assess the Biometric Voter Registration and Voters Roll Inspection, the Zimbabwe Electoral Commission said yest...
By Staff reporter | Published: 01 June 2018
A high level conference on the role of trade credit insurance in promoting and supporting increased trade will be held on June 8 at Cresta Lodge in Harare.The conference, which has been organised by t...
By Staff reporter | Published: 22 May 2018
The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it can restore relations with lenders, said Akinwumi Adesin...
By Staff reporter | Published: 08 May 2018
With the Zimbabwean economy opening up and new possibilities for trade emerging, Zimnat has established a specialist division offering trade credit insurance to cover the risk of payment default that ...
By Staff reporter | Published: 26 April 2018
ECOBANK Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending towards the importation of fuel, fertilisers, mining equipment and edible oils raw...
By Staff reporter | Published: 06 April 2018
AGRIBANK is in discussions to secure an external line of credit from a foreign institution to bolster its support to the agricultural sector beyond the $105 million allocated this year.This comes as t...
By Staff reporter | Published: 29 March 2018
STABILISATION of credit rating entails that Zimbabwe's risk profile has improved and the country now has an opportunity to secure fresh lines of credit and new investments, economists said yesterday.G...
By Staff reporter | Published: 14 March 2018
Financial institutions have renewed plans to source offshore credit lines to sustain requirements by productive sectors of the economy.Productive sectors are failing to increase capacity due to lack o...
By Staff reporter | Published: 12 March 2018
Respected South Africa-based economic research firm NKC African Economics (NKC) yesterday upgraded Zimbabwe's sovereign credit rating or ability to borrow money for the first time in nearly 20 years, ...
By Staff reporter | Published: 08 March 2018
NMBZ Holdings has secured in excess of US$56 million worth of lines of credit in the last five years to fund various projects, but is yet to draw down on some of them due to foreign currency shortages...
By Staff reporter | Published: 09 February 2018
HWANGE Colliery Company Limited (HCCL) has assured its employee creditors that it will comply with the provisions of a scheme of arrangement agreed upon last year.The firm's scheme of arrangement was ...
By Staff reporter | Published: 02 February 2018
AFRASIA Bank Zimbabwe says it will not be able to pay its creditors this year due to ongoing legal proceedings and an acute shortage of money on the market, which have delayed liquidation of the colla...
By Staff reporter | Published: 15 December 2017
CREDITORS have approved a $100 million investment deal paving way for the revival of Gweru-based giant ferrochrome producer, Zimbabwe Alloys, an official said.The firm has been on judicial management ...
By Staff reporter | Published: 12 December 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
