BUSINESS NEWS

More externalised funds coming

RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says more individuals and companies continue to heed Government's call to repatriate funds salted away in prior years.The RBZ is next week expe...

By Staff reporter | Published: 28 May 2018
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POLITICS

Churches externalise cash from Zimbabwe

PROMINENT churches - among them the Seventh-day Adventist Church, Zaoga and United Methodist Church - have been named among organisations that have externalised large sums of money from Zimbabwe in re...

By Staff reporter | Published: 25 March 2018
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POLITICS

Externalisers heed Mnangagwa call to return loot

The list of people who heeded the call to return externalised funds and assets is long and the figures will be revealed in due course, President Mnangagwa has said.This follows the expiry of the three...

By Staff reporter | Published: 01 March 2018
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BUSINESS NEWS

Headway recorded on externalised funds

Externalised funds have significantly trickled back into the country's formal banking channels as a moratorium set by the President Emmerson Mnangagwa for those involved in the externalisation of fund...

By Staff reporter | Published: 08 February 2018
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BUSINESS NEWS

$4.5m externalised

ABOUT $4.5 million is externalised monthly by informal cross-border traders through imports of various goods that are being resold locally, a survey report has shown.Given low industrial activity in t...

By Staff reporter | Published: 06 December 2017
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BUSINESS NEWS

Over $3 billion externalised

Zimbabwe's foreign currency shortages are worsening over massive capital flight amid indications corporates and business tycoons have externalised $3 billion between 2015 and June 2017 mainly to Maur...

By Staff reporter | Published: 01 December 2017
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BUSINESS NEWS

Zim externalises $30 billion in imports

ZIMBABWE has externalised a cumulated figure of $30 billion since 2009 through imports, a figure enough to fund the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset), an expert...

By Staff reporter | Published: 15 October 2017
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MINING & RETAIL

Mzi Khumalo's company 'externalises' $30m

Metallon Gold Zimbabwe (Pvt) Ltd, owners of How Mine near Bulawayo and other gold mines in the country, has been taken to court on allegations of externalising more than $30 million.Preminent South A...

By Staff reporter | Published: 15 July 2017
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