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Posted inStories

Zimbabwe State pension fund to consolidate insurance portfolio

State-run pension fund, National Social Security Authority (NSSA), has moved to consolidate its insurance portfolio via a deal which will see First Mutual Limited (FML) acquiring a controlling stake in…
Posted by Charles Rukuni June 20, 2017
Posted inStories

Agribank Zimbabwe sets up $10 million facility for horticulture

The Agricultural Bank of Zimbabwe (Agribank) has set up a $10 million facility aimed at promoting horticulture production in the country. The facility has an annual interest rate of up…
Posted by Charles Rukuni June 20, 2017
Posted inStories

Jonathan Moyo, Mnangagwa and Command Ugly-Culture

Higher Education Minister Jonathan Moyo has continued to condemn the much-vaunted Command Agriculture Programme which will definitely be one of the campaign platforms for the Zimbabwe African National Union-Patriotic Front…
Posted by Charles Rukuni June 20, 2017
Posted inStories

Zimbabwe urged to give renewable energy a chance

Zimbabwe has the capacity to produce 1 600 megawatts (MW) of electricity from renewable energy resources by 2030, more than its current demand but lacks technology to exploit its resources,…
Posted by Charles Rukuni June 20, 2017
Posted inStories

Parliament told Zimbabwe police collect only $15 million annually from traffic fines

The Zimbabwe Republic Police collects up to $15 million in traffic fines annually, Home Affairs Minister Ignatius Chombo told Parliamentarians today. “The whole year it’s between $12 million and $15…
Posted by Charles Rukuni June 19, 2017
Posted inStories

Zimbabwe tobacco sales drive broad money supply up

Zimbabwe’s annual broad money supply grew by 22.67 percent in April to $6.2 billion, largely driven by an increase of 31.22 percent  in transferable deposits, latest data from the central…
Posted by Charles Rukuni June 19, 2017
Posted inStories

Second hand clothing imports hurting Edgars Zimbabwe

Clothing retail chain Edgars Stores says the rapid increase in unregulated commerce in the country is hurting its operations as it is made to compete with businesses that do not…
Posted by Charles Rukuni June 19, 2017
Posted inStories

MDC-T says Zimbabwe Electoral Commission must scrap proof of residence requirement

The Movement for Democratic Change- Tsvangirai has called on the Zimbabwe Electoral Commission to scrap the requirement that people intending to register as voters for next year’s elections must provide…
Posted by Charles Rukuni June 19, 2017
Posted inStories

Zimbabwe Securities commission to introduce online trading

The Securities and Exchange Commission of Zimbabwe (SECZ) says it will soon introduce online trading and reporting of securities transactions and investments for the capital markets to promote financial inclusion…
Posted by Charles Rukuni June 19, 2017
Posted inStories

Zimbabwe Insurance and Pensions Commission in maiden $50 million bond issue

The Insurance and Pensions Commission (IPEC) says it will go ahead with plans to float a $50 million bond aimed at financing the development of the country’s irrigation infrastructure. Zimbabwe…
Posted by Charles Rukuni June 18, 2017

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