Hyping for political points

Old Mutual managing director Zomunoda Chizura said the Reserve Bank was inflating the amount of money it had seized during the 2006 currency changeover saying the confiscation figure was impossible due to the sheer volume of currency supposedly involved.

(103 VIEWS)

What was happening to South Africa’s four pillar policy?

That was the question being asked when Barclays Bank decided to buy the controlling in stake in ABSA, one of the country’s four largest banks. Up until then, the government had what was called a “four-pillar” policy which reflected its preference to keep a minimum of four large banks relatively competitive, healthy and South African-owned.

(180 VIEWS)

US lifts sanctions on two State banks

The United States yesterday lifted sanctions on the Agricultural Development Bank of Zimbabwe and the Infrastructure Development Bank of Zimbabwe but said sanctions on all entities and individuals effected by the executive order of 25 July 2008 remained in force.

(50 VIEWS)

Dell cheered divisions in ZANU-PF

United States ambassador to Zimbabwe Christopher Dell was surprised when Movement for Democratic Change- Mutambara faction’s Priscilla Mushonga told him that Vice-president Joice Mujuru and Central Bank governor Gideon Gono were adversaries because he thought they were allies.

(61 VIEWS)

Stupid black Zimbabweans- Chapter Two

Zimbabweans are the unhappiest people on earth. Zimbabwe is the poorest country in the world. Zimbabwe is a failed state. Zimbabwe………This is what survey after survey has been hammering into our minds over the past seven or so years. There appears to be competition amongst the so-called think-tanks to see which one can come up with the worst scenario about Zimbabwe.

(44 VIEWS)