AFRICA BUSINESS

SA losing US$62 billion a year due to illicit financial flows

South Africa is losing more than US$62 billion a year because of illicit financial flows (IFFs), which could be used to fund the building of schools, hospitals and safer roads.This was highlighted at ...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Command Agriculture facing financial challenges

LAST week, the Government of Zimbabwe announced that its Command Agriculture programme shall look to be financed by the banking sector. The country's planting season is already upon us. Field preparat...

By Chris Chenga | Published: 30 September 2019

INDUSTRIALS & ENERGY

Tongaat defers financial results

REGIONAL sugar producer, Tongaat Hulett (THL), has deferred publishing of its periodic financial results to October 2019 pending conclusion of its financial review and associated forensic investigatio...

By Staff reporter | Published: 20 June 2019

POLITICS

MDC not a financially sound institution, says Coltart

THE opposition MDC needs to transform itself into a "strong" and financially sound institution if it is to win elections in 2023, former Education Minister David Coltart has said.Coltart was speaking ...

By Staff reporter | Published: 04 May 2019

FINANCIAL SERVICES

Steward Bank partners Chinese card firm UPI for financial card services

STEWARD Bank has partnered Chinese financial services firm, UnionPay International (UPI), to provide payment services for Zimbabweans travelling between the southern African country and Beijing."Basic...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Chiwenga lashes out at 'financial terrorists'

VICE President Constantino Chiwenga yesterday lashed out at corporates dipping their hands in underhand parallel market exchange dealings and equated such behaviour to "financial terrorism". Addressin...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Parliament orders accountant-general to publish 2016 financials

ACCOUNTANT-General Daniel Muchemwa has been ordered by Parliament to produce and publish government's consolidated financial statements for 2016 and 2017 before year-end.Muchemwa, who on Monday appear...

By Staff reporter | Published: 04 December 2018

OPINION

Financial illiteracy is our biggest enemy in Zimbabwe

I found a very interesting letter in one of my old books that I last read in 2004. It is a letter that I received from Barclays Bank (Zimbabwe), offering me a Z$1 million overdraft facility. Three yea...

By Hopewell Chin'ono | Published: 12 September 2018

TELECOMS & TECHNOLOGY

TelOne's hackathon to promote mobile financial services

TELONE Centre for Learning (TCFL) will host a mobile financial services hackathon for State-owned mobile operator NetOne in collaboration with South Africa's FinMark Trust to promote mobile financial ...

By Staff reporter | Published: 12 July 2018

BUSINESS NEWS

'Illicit financial flows lead to budget deficit'

The Zimbabwe Coalition for Debt and Development (Zimcodd) says lost revenue through illicit financial flows (IFFs) has far reaching consequences on the fulfilment of social and economic rights as it h...

By Staff reporter | Published: 11 July 2018

OPINION

Impact of illicit financial flows on socio economic development

While the "Zimbabwe is open for business" mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti ...

By Davison Kaiyo | Published: 05 July 2018

INDUSTRIALS & ENERGY

IDCZ appoints financial advisor for Chemplex transaction

THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

Actuaries can stabilise Zim's financial sector

An increased number of actuarial professions practicing in the country can help stabilise the financial sector, the Insurance and Pensions Commission acting Commissioner Blessmore Kazengura has said.S...

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

Brainworks to restructure, dispose of financial arm

BRAINWORKS Limited is set to embark on a restructuring exercise that will see the company disposing of its financial services section to focus on hospitality, leisure and real estate. The company anti...

By Staff reporter | Published: 12 June 2018

FINANCIAL SERVICES

Govt urged to set up financial intelligence unit

THE Government should establish an independent financial intelligence unit, outside the Reserve Bank of Zimbabwe, to guarantee its effectiveness under the Money Laundering and Proceeds of Crime Act....

By Staff reporter | Published: 04 June 2018

OPINION

Zimbabwe's mining sector illicit financial flows

Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalizing money and assets and granted them a thr...

By Davison Kaiyo | Published: 31 May 2018

POLITICS

Traditional leaders get financial literacy training

ZIMBABWE requires an economic model that empowers communities to develop businesses and create jobs within their immediate environment, National University of Science and Technology (Nust) Vice Chance...

By Staff reporter | Published: 17 May 2018

FINANCIAL SERVICES

Banks urged to offer affordable financial services

BANKS have been urged to capitalise on technological developments, share information and offer affordable financial services to consumers to promote financial inclusion.The call was made by Reserve Ba...

By Staff reporter | Published: 08 May 2018

BUSINESS NEWS

Money changers derailing regional financial integration

Reserve Bank of Zimbabwe deputy governor Jesimen Chipika has accused illegal money changers of derailing regional financial integration efforts and promoting money laundering.Chipika made the remarks ...

By Staff reporter | Published: 25 April 2018

POLITICS

'Zimbabwe has leadership crisis, not financial'

ZIMBABWE has no financial crisis, but suffers from leadership and management crisis due to endemic corruption associated with the ruling Zanu-PF top officials, Coalition for Democrats (Code) leader El...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Chinese financial giants invited to Zimbabwe

President Mnangagwa has invited Chinese financial institutions to establish themselves in Zimbabwe to provide funding for economic reconstruction.Addressing the Zimbabwe China Business Forum here this...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

Edgars on sound financial footing

ZMBABWE Stock exchange listed company, Edgars Stores Limited, continues to consolidate its sound financial footing after reducing borrowings to $4.6 million in the financial year ended January 7, 2018...

By Staff reporter | Published: 29 March 2018

BUSINESS NEWS

RBZ wants more financial inclusion for women

THE Reserve Bank of Zimbabwe (RBZ) has called on women nationwide to embrace the financial inclusion programme to foster economic development in the country.Financial inclusion is meant to empower mo...

By Staff reporter | Published: 26 March 2018

BUSINESS NEWS

Mnangagwa heads to China to seek financial aid

President Emmerson Mnangagwa heads to China in the first week of April to try to secure greater access for Zimbabwe companies to that market and strengthen the Look East policy. In his first official ...

By Staff reporter | Published: 22 March 2018

OPINION

Are Mobile Network Operators shackling financial inclusion?

Financial inclusion is a key enabler of sustainable economic and social development. Initiatives by the United Nations and the World Bank Group continue to drive financial inclusion and it has become ...

By Thenjiwe Gumbi | Published: 23 February 2018
Pages:
1
2
3
4
5
6
7
8
9

Latest News

Latest Published Reports

Latest jobs