News about Zimbabwe that you can use
The central bank has given a potential investor seeking to inject $50 million in Interfin Bank up to Wednesday next week to show a strong commitment in bailing out the troubled financial institution after threatening to terminate the bank’s curatorship at the end of the month, an official said today.
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Emmerson Mnangagwa and Phelekezela Mphoko have been given three years to market themselves. This is a unique opportunity to prove that they are worth rising to higher office.
(191 VIEWS)
Troubled chrome smelter, MonaChrome’s major shareholder Germany-based NK Trading last week sought to delay the company’s disposal to allow it to resubmit its bid while major creditor, AfrAsia which is owed $4 million wanted the matter finalised there and hen, the High Court heard.
(125 VIEWS)
Newly created state-owned mineral exploration company, the Mining Promotion Corporation (MPC), is seeking to recruit a chief executive, an indication that the firm might soon become operational as the government moves to ascertain the extent of Zimbabwe’s mineral wealth.
(99 VIEWS)
Movement for Democratic Change leader Morgan Tsvangirai has rescued his former organising secretary, Nelson Chamisa, and has appointed him to the national executive committee where he is secretary for policy coordination.
(304 VIEWS)
