Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...
FINANCE minister Mthuli Ncube's engagement with market players to explore options for restructuring the Treasury Bills (TBs) to longer tenure - effectively rollovers of maturities - and surging inflat...
Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep its borrowing under manageable levels, Finance and Economic Planning Minister Pat...
Zimbabwean banks have increased their uptake of Treasury Bills (TBs) as the short-dated securities offer better returns and are as good as money.Treasury Bills are used by government when borrowing fr...
TREASURY has intervened in a bid to end delays in issuing passports by agreeing to import materials needed by the Registrar General's Office.The Minister of Home Affairs and Culture Dr Obert Mpofu rev...
THE Parliamentary Budget Office has warned that the Government could default on its Treasury Bills payment obligations on maturity, a development it fears could leave most local commercial banks, whic...
The 2018 national budget will focus on restoring macro-economic stability and fiscal discipline through implementing various cost-cutting measures, the Ministry of Finance and Economic Developme...
Finance and Economic Development Minister Patrick Chinamasa said Government was looking at giving incentives for property developers willing to upgrade and set up new structures for tertiary instituti...
THE setting up of the Zimbabwe Asset Management Company (Zamco) to absorb non-performing loans (NPLs) and the issuance of Treasury Bills (TBs) by the Reserve Bank of Zimbabwe (RBZ) without parliamenta...
THE Industrial Development Corporation (IDC) has relinquished its stake in troubled fast moving consumer goods manufacturer, Olivine Industries, to the Ministry of Finance and Economic Development.Th...
RESERVE Bank of Zimbabwe (RBZ) governor says he is worried about the creation of money through the issuance of Treasury Bills and loans which is causing a mismatch between local RTGS balances and nost...
THE value of Treasury Bills (TBs) has outstripped bank equity capital by 1,7 times, a new report indicated this week, raising questions over the financial sector's ability to continue absorbing the pa...
Treasury has availed $5 million capital to the Ministry of Mines and Mining Development to enable the Mining Promotion Corporation to start operations. The newly formed MPC will ensure an increase in ...
NINE financial institutions have fully subscribed for the $103 million Treasury Bills floated by the Reserve Bank of Zimbabwe last month with CBZ Bank snapping up more than half of the amount on offer...
BANKS have proposed the conversion of outstanding foreign currency accounts balances appropriated by the Reserve Bank of Zimbabwe during the height of the hyperinflationary period into Treasury paper....
GOVERNMENT has completed validation of public debt and will soon release a detailed account of the makeup of the country's liabilities, a senior official has said.Zimbabwe Head of Aid and Debt Managem...
TREASURY has projected a $100 million deficit on the 2013 budget after revising downward targeted collections for the year on poor revenue inflows in October and anticipated poor revenue inflows for t...
Finance minister Tendai Biti has said Treasury has suspended the funding of all government activities except salaries as it battles to mobilise funds for elections. Addressing a Press conference in H...
Vice President Joice Mujuru says treasury should speed up the release of money for the revival of industry as this will help in employment creation.Mujuru made the remarks at the handover of water p...