BUSINESS NEWS

Zinara finance director arrested

ZIMBABWE National Road Administration (Zinara) finance director Simon Taranhike has been arrested on allegations of criminal abuse of office and attempts to conceal corruption. Sources close to the in...

By Staff reporter | Published: 26 June 2019

FINANCIAL SERVICES

Zimbabwe amends Microfinance Act

Government has rolled out the new amendments to the Microfinance Act.This comes as government sought to create credit and collateral registries as well as encourage consolidation among small businesse...

By Staff reporter | Published: 02 January 2019

BUSINESS NEWS

Micro-finance sector posts strong performance

THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...

By Staff reporter | Published: 26 November 2018

POLITICS

ZPC finance director exonerates Undenge

ZIMBABWE Power Company (ZPC) finance director Hubert Chiwara yesterday told the court that the $5 million payment to controversial businessman Wicknell Chivayo's Intratrek was made without former Ener...

By Staff reporter | Published: 20 November 2018

FINANCIAL SERVICES

First Money Microfinance launches Debit Card

First Money Microfinance Services (FMFS), a fintech with seven branches nationwide, has launched a debit card in partnership with StewardBank.The innovation called iSave debit card allows customers of...

By Staff reporter | Published: 11 September 2018

FINANCIAL SERVICES

Nedbank offers $75m offshore finance facility

NEDBANK Zimbabwe has availed a $75 million line of credit facility through its mother company, Nedbank South Africa under which pre-and post-shipment offshore finance will be offered to exporters.Spea...

By Staff reporter | Published: 12 July 2018

FINANCIAL SERVICES

Micro-finance firm raises $5 million capital

Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully issuing the third and final tranche of $2 million on the Financial Securities Ex...

By Staff reporter | Published: 25 June 2018

POLITICS

Ex-ZBC finance manager faces jail term over rentals

FORMER Zimbabwe Broadcasting Corporation finance general manager Elliot Kasu and his wife, Patience are both set to be incarcerated after a local property firm filed for their civil imprisonment over ...

By Staff reporter | Published: 18 June 2018

BUSINESS NEWS

Zim to host housing finance workshop

The African Union for Housing Finance (AUHF), a member-based association of 61 mortgage banks, building societies, housing corporations and other organisations involved in the mobilisation of funds fo...

By Staff reporter | Published: 12 June 2018

BUSINESS NEWS

Zimbabwe joins Africa Finance Corporation

ZIMBABWE has become the 19th member state of the Africa Finance Corporation (AFC), the continent's leading infrastructure development finance institution.It is the latest endorsement of reforms embark...

By CAJ News | Published: 23 May 2018

POLITICS

Deputy Finance Minister in assault storm

FINANCE deputy minister Terence Mukupe was recently arrested and fined for assaulting his ministry's finance director, 58-year-old Ignatius Mvere, for allegedly giving him a "paltry $910 travel allowa...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Miners, finance house enter loan deal

THE Zvishavane-Mberengwa Miners Association has entered into a partnership with Hammer and Tongues Micro-Finance house, which enables miners to access equipment on concessionary terms.Modelled along t...

By Staff reporter | Published: 07 March 2018

POLITICS

Ex-Finance minister cornered over $366,000 debt

FORMER deputy Finance minister David Chapfika has been taken to court over $366 000 debt owed to Cabs.The bank is seeking a default judgment against the former Zanu-PF legislator.According to court pa...

By Staff reporter | Published: 07 March 2018

JOBS

Finance Officer: Christian Aid

Finance Officer: Christian AidDeadline: 1700hrs 11 February 2018Christian Aid insists that the world can and must be swiftly changed to one where everyone can live a full life free from poverty. We pr...

By Christian Aid | Published: 02 February 2018

JOBS

Finance and Administration Intern: Development Organisation

Finance and Administration Intern: Development OrganisationDeadline: 6 February 2018A Development organization in Harare has an intern position for 2018.RequirementsStudying for accounting, administra...

By grm | Published: 02 February 2018

BUSINESS NEWS

Mnangagwa meets heads of World finance institutions

President Emmerson Mnangagwa yesterday held high level meetings with top officials from the world's top multilateral financial institutions on the sidelines of the 48th World Economic Forum in Davos, ...

By Staff reporter | Published: 26 January 2018

JOBS

Deputy Director - Finance and Administration

Deputy Director - Finance and Administration: AfricaidDeadline: COB 1 February 2018Re-advertisementAfricaid is a community organisation which through its Zvandiri programme, integrates community preve...

By Africaid | Published: 25 January 2018

JOBS

Finance Intern: Plan International

Finance Intern: Plan InternationalDeadline: 29 January 2018Duration: 10 monthsLocation: Harare Country OfficePlan International is an independent development and humanitarian organization that advance...

By Plan International | Published: 25 January 2018

JOBS

Finance & Administration Manager

Finance & Administration Manager: The Sexual Rights CentreDeadline: 16 February 2018Location: BulawayoThe Sexual Rights Centre, based in Bulawayo, Zimbabwe in a Non-Governmental Organisation which...

By The Sexual Rights Centre | Published: 25 January 2018

POLITICS

Mugabe's ex-finance minister in nasty divorce

Ex-finance minister and Zanu-PF Mutoko South MP David Chapfika is set to lose property worth $1 500 as recompense for legal fees arising from an ongoing divorce case before the High Court.Chapfika is ...

By Staff reporter | Published: 14 December 2017

POLITICS

Ex-Zimbabwe finance minister rushed to hospital

Former Zimbabwean finance minister Ignatius Chombo was admitted to hospital on Friday with injuries sustained from beatings he received in military custody after the army's intervention against Robert...

By Reuters | Published: 24 November 2017

LANDS & AGRICULTURE

Seedco seeks $30m to finance growth

Seedco, the leading seed producer in Southern Africa, intends to raise $30million to finance growth by listing its external operations across Africa and counter growing completion in regional market. ...

By Staff reporter | Published: 22 September 2017

JOBS

Vacancy Notice: Finance and Administration Positions

DESCRIPTION:  Oxfam is a global movement of people who won’t live with the injustice of poverty. Together we save and rebuild lives in disasters. We help people build better lives for themselve...

By OXFAM | Published: 19 September 2017

FINANCIAL SERVICES

Microfinance industry confidence levels rise

ZIMBABWE'S microfinance industry appears to be gaining public confidence if latest statistics are anything to go by.Despite being blemished by a culture of usurious interest rates and repossession of ...

By Staff reporter | Published: 11 September 2017

FINANCIAL SERVICES

POSB launches mortgage finance division

The People's Own Savings Bank (POSB) has launched a mortgage finance division as it spreads its products to increase revenue streams and consolidate its market.The new division seeks to finance housin...

By Staff reporter | Published: 23 August 2017
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