RBZ avails $6m to oil companies
GAMUCHIRAI TSOKOTA
THE Reserve Bank of Zimbabwe (RBZ) has availed letters of credit worth $6 million to oil expressers for the importation of raw materials...
Scrap induction exam, doctors tell government
STAFF WRITER
Foreign medical doctors have approached government advocating for the scrapping of an induction exam conducted by the Medical and Dental Practitioners Council of...
Saruchera vows to give wings to Air Zimbabwe
TINASHE MAKICHI
Air Zimbabwe administrator, Reggie Saruchera, has vowed to work magic which will see the national airliner regain its wings.
Saruchera, a managing partner at...
ZB Beitbridge project cost doubles to $6 million
Livingstone Marufu
HARARE - The cost of the ZB Financial Holdings Limited (ZBFH) Beitbridge million housing project has doubled since September 21, 2017.
ZBFH group CEO...
Nearly 70 percent of funeral assurers could fold
PHILLIMON MHLANGA
Nearly 70 percent of Zimbabwe’s funeral assurance companies are struggling to meet the capital levels introduced by the Insurance and Pensions Commission (IPEC),...
ZB to set up microfinance unit
PHILLIMON MHLANGA
Listed financial services group, ZB Financial Holdings (ZBFH), is considering setting up a microfinance bank to cater for Zimbabwe’s growing informal sector as...
Vast injects $60m into Eureka Gold, targets 140kg monthly gold production
Tinashe Makichi
GURUVE – Eureka Gold Mine has been re-opened after a capital injection of $60 million and has plans to produce at least 140...
Ziyambi defends placement of HCCL under administration
CHENGETAI ZVAUYA
Justice, Legal and Parliamentary Affairs minister Ziyambi Ziyambi has defended Government's decision to put Hwange Colliery Company Limited (HCCL) under administration as it...
Afreximbank avails $255m letters of credit to Zim
LIVINGSTONE MARUFU
The African Export Import Bank (Afreximbank) has availed US$255m letters of credit to Zimbabwe for fuel imports and the production of basic commodities...
Zimnat sets up trade credit insurance division
Taurai Mangudhla
HARARE - Zimnat Insurance has established a trade credit insurance unit, Zimnat General Insurance Trade Credit Insurence, Bonds and Guarantees division.
The unit...