ZSE launches online trading platform
The Zimbabwe Stock Exchange (ZSE) yesterday launched a new online trading platform that is targeted at retail or individual investors.
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Majority of small-scale miners need mechanisation support
A ROBUST framework must be put in place to scale up the mechanisation of small-scale miners in Zimbabwe who continue to use hand tools despite contributing 60 percent formal gold deliveries, the Zimbabwe Miners Federation (ZMF) has said.
NRZ on track with trimming excess fat
Oliver Kazunga Senior Business Reporter The National Railways of Zimbabwe (NRZ) has begun a process of recruiting a leaner top management team as it implements a restructuring exercise in line with the Government’s directive. Transport and Infrastructural Development Minister, Joe Biggie Matiza, recently ordered the NRZ board, which is chaired by Advocate Martin Dinha, to […]
Toxic risk disinfected from banking sector
The Zimbabwe Asset Management Company (ZAMCO), says it has managed to eliminate potentially hazardous systemic risk from the banking sector after taking over $1,1 billion worth of non-performing loans (NPLs), giving debt ridden firms a new slate to make a fresh start.
TSL in mixed third quarter performance
Listed industrial firm, TSL Holdings’, performance across its various categories was generally depressed in the third quarter to July 31, 2020 dragged down by the impact of the Covid-19 pandemic.
The process of reimbursement
To effectively protect depositors and contribute to financial stability, the Deposit Protection Scheme (DPS) should be able to compensate depositors in the shortest possible time. The International Association of Deposit Insurers (IADI) recommends that the DPS should have capacity to pay within seven days of closure of a failed bank.
AirZim resumes flights
BY MTHANDAZO NYONI NATIONAL carrier Air Zimbabwe will resume its domestic flights next Wednesday, the company said in a statement.Zimbabwe suspended flights
AMA to set up market hubs for fresh produce
BY HARRIET CHIKANDIWA The Agriculture Marketing Authority (AMA) is set to open market hubs for horticultural products to bolster the country’s food
Zisco targets firing up units
STATE owned Zimbabwe Iron and Steel Company (Zisco) has come up with a short-term revival strategy targeting resuscitation of the subsidiaries, an official said.
Stanbic launches contactless debit cards and POS machine
Leading financial services institution, Stanbic Bank is set to launch contactless debit cards and POS machines as the institution pushes ahead with