ZSE TODAY

Rising market activity sees 124 new accounts opened on the CSD in September

A total of 124 new accounts were opened on the Central Securities Depository in September, bringing the total number of accounts that have been opened to 26,845. This is against the historical peak of...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Storm brews over nostro accounts

THE Reserve Bank of Zimbabwe (RBZ)'s decision to tighten regulations on withdrawals of foreign currency by Zimbabweans who earn their salaries in foreign currency faces litigation, while analysts war...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Prophet Magaya church accounts garnished by Zimra

The Zimbabwe Revenue Authority (Zimra) has garnished Walter Magaya's Prophetic Healing and Deliverance (PHD) Ministries accounts for alleged tax arrears amounting to $22 million.According to a Zimra s...

By Staff reporter | Published: 07 February 2019

FINANCIAL SERVICES

Low-cost bank accounts up 143%

Zimbabwe's low cost bank accounts have grown by 143 percent to 3,16 million in the first quarter of 2018, according to figures from the Reserve Bank of Zimbabwe (RBZ). The figure represents 57 percent...

By Staff reporter | Published: 25 July 2018

BUSINESS NEWS

2 500 open accounts with women's bank

More than 2 500 women have so far opened accounts with the Zimbabwe Women's Microfinance Bank (ZWMB), which was officially opened by President Mnangagwa last week. Briefing journalists on the progress...

By Staff reporter | Published: 07 July 2018

BUSINESS NEWS

Zimra raids Gweru council accounts

The Zimbabwe Revenue Authority (Zimra) has reportedly pounced on Gweru City Council bank accounts in a bid to garnish hundreds of thousands of dollars in unpaid tax, sources revealed to the Southern E...

By Staff reporter | Published: 29 June 2018

JOBS

Accounts Clerk: Women's Coalition of Zimbabwe (WCOZ)

Accounts Clerk: Women's Coalition of Zimbabwe (WCOZ)Deadline: 4 February 2018Based in HarareDate of Commencement: March 2018Reporting to: Finance and Admin ManagerWomen's Coalition of Zimbabwe, (WCOZ)...

By WCOZ | Published: 02 February 2018

FINANCIAL SERVICES

'Banks have right to refuse opening accounts'

FINANCE deputy minister Terrence Mukupe has said banks have the right to refuse opening accounts for new clients as they are private enterprises.Responding to MDC-T legislator Bacilli Majaya in the Na...

By Staff reporter | Published: 12 January 2018

POLITICS

Jonathan Moyo, Kasukuwere accounts frozen

Government has frozen bank accounts of former Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo and former Local Government, Public Works and National ...

By Staff reporter | Published: 08 December 2017

INDUSTRIALS & ENERGY

Zimra garnishes Trek bank accounts

TREK Petroleum faces closure after the Zimbabwe Revenue Authority (ZIMRA) garnished its bank accounts over a $45 million tax debt.According to court documents, the tax was incurred by a company called...

By Staff reporter | Published: 07 September 2017

FINANCIAL SERVICES

Mobile, plastic accounts for 80% of retail transactions

The Confederation of Zimbabwe Retailers (CZR) says the use of mobile and plastic money has risen to account for 80 percent of transactions in the retail sector.Addressing delegates at the 'Cash challe...

By Staff reporter | Published: 27 July 2017

ZIMBABWE

Delta accounts for 26% shares on ZSE

Delta Corporation accounted for a staggering 43 percent of the 26 million shares that changed hands on the Zimbabwe Stock Exchange the entire previous week. Statistics from ZSE show that volumes trade...

By Staff reporter | Published: 14 May 2014

FINANCIAL SERVICES

ZB Holdings targets more informal trader accounts

ZB Holdings plans to increase its services to the informal sector as the group has proved to be a low default risk when it comes to loan repayments.ZB Holdings business development manager Shadowsight...

By Staff reporter | Published: 08 April 2014

TELECOMS & TECHNOLOGY

Econet forcing suppliers to open bank accounts with Steward Bank

SUPPLIERS of telecommunications concern Econet Wireless are up in arms over a recent directive compelling them to open accounts with the mobile phone operator's bank, Steward Bank, businessdigest repo...

By businessdigest | Published: 14 March 2014

FINANCIAL SERVICES

Zim banks start opening yen, yuan accounts

SOME local banks have started opening accounts for transacting in the Japanese yen, Chinese yuan, Australian dollar and Indian rupee following the expansion of the country's foreign currency basket by...

By Staff reporter | Published: 05 March 2014

INDUSTRIALS & ENERGY

Ex-Hunyani bosses implicated in fiddled accounts

PAPER products manufacturer Hunyani Holdings said yesterday it has appointed new managers at its divisions after former bosses were implicated in an accounts fiddling scandal. The Zimbabwe Stock Excha...

By New Ziana | Published: 06 December 2013

TELECOMS & TECHNOLOGY

EcoCash Save accounts reach 500 000

ZIMBABWE'S largest mobile phone operator Econet Wireless Zimbabwe has said its subsidiary Steward Bank now has 500 000 registered account holders on its recently launched mobile banking product EcoCas...

By Staff reporter | Published: 30 October 2013

POLITICS

HSBC Bank orders freezing of accounts held by Zimbabweans

AN international bank, HSBC Bank has allegedly ordered freezing of accounts held by Zimbabwean expatriates and nationals saying Zimbabwe was under sanctions, newsday reported.Account holders with the ...

By Staff reporter | Published: 26 August 2013
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