NMB loan book immune from Covid-19; plans to target economic growth sectors
Tapiwanashe Mangwiro
HARARE – NMB Zimbabwe says that its loan book does not have significant exposure to business sectors that are most affected by the coronavirus pandemic and subsequent lockdown.
NMB chief executive Benefit Washaya told...
Raymond Njanike dies
Maxwell Chingaira
EmpowerBank board chairman and former Interfin Bank executive Raymond Njanike has died.
He was 52.
The banker died on Wednesday after a battle with pancreatic cancer. The following pointers will help you navigate https://nikel.co.id/silver-oak-casino-no-deposit-bonus-codes/ your...
The centenary of the arrival of Harare’s first flight
Jonathan Waters
Tomorrow, June 11, marks the centenary of the arrival of the first aircraft in Harare carrying two passengers from Kadoma, and it is perhaps an irony that today may pass – as...
Money and Economy in Zimbabwean History: A Concise Currency Timeline
The end of Chartered Rule, entrenchment of white self-government and African economic disempowerment: Currencies, and the consolidation of Racialised Economic Spaces, 1920-1930
Tinashe Nyamunda
In the previous article, I examined the currency crisis that slowed down...
Slowdown in economic activity during C-19 lockdown sees Zim narrow its trade deficit by...
HARARE – A slowdown in economic activity in April due to the coronavirus-induced national lockdown, saw the country’s trade deficit narrow by a significant 82.87% to $24.2 mln. According to the latest statistics from...
Zimbabwe maize yields at 0.57t/ha in 2019/20, faces cereal deficit of 1.16m tonnes
HARARE - The country's maize production is estimated to have risen 17% in the 2019/20 season, but the biggest concern remains the poor yields, which averaged 0.57 tonnes per hectare. According to the Second...
Banks to finance productive sector Covid-19 support
Farai Mabeza
Productive sector support under the $18.02 billion COVID-19 Economic Recovery and Stimulus Package will be financed by banks through normal banking channels and covered by government guarantees, it has been announced.
In a statement,...
Nampak pessimistic as Covid-19 pushes economic reform into the background
Farai Mabeza
Paper packaging firm, Nampak Zimbabwe, sees no improvement in the country’s economic environment for the remainder of 2020 citing the COVID-19 outbreak and continued foreign currency challenges affecting the company’s operations.
The group’s managing...
African equity capital markets activity see downward turn in 2019: PwC
HARARE – African Equity Capital Markets (ECM) saw the lowest proceeds recorded in ten years in 2019 as activity and volumes declined sharply from 2018 levels says a report by PricewaterhouseCoopers (PwC). The report...
Fuel prices up as ZERA admits arbitrage is a big worry
HARARE – The Zimbabwe Energy Regulatory Authority has hiked the price of fuel, although it remains below US$1, after admitting that pricing could not follow the parallel market rates as it would heighten inflationary...
















