Natalie

RBZ charges Ecocash directors for money laundering violations

Farai Mabeza HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecocash, the company’s chief executive officer Natalie Jabangwe and...
Machakaire adressing the crowd

Machakaire calls on youths to register for relief fund

Staff Writer Youth, Sport, Arts and Recreation Deputy Minister Tino Machakaire says youths must  register through his ministry to access start-up and relief funds which are currently being distributed around the country. Speaking at a Plumtree...
Ecocash 1 1

RBZ directs Steward Bank to limit payments into Ecocash Trust account

Farai Mabeza The Reserve Bank of Zimbabwe has ordered Steward Bank to limits payments into the Ecocash Mobile Money Trust accounts from third parties to a maximum of Z$100 000 per month. This is in line...

Tobacco sales total US$59m in the first 15 days

HARARE - At least 26.4 million kilograms of tobacco worth US$59m have been sold so far since the start of tobacco selling season, statistics from the industry regulator show. The sales figure is 278.27%...
Government efforts to curb the rate of infection from the COVID-19 virus are bearing fruit with cases dropping by almost 50 percent

Zim needs fiscal support to meet testing and health facilities targets: ZADHR

HARARE – Zimbabwe Association of Doctors for Human Rights (ZADHR) says the country continues to lag behind in meeting its testing and health infrastructure strengthening targets due to inadequate allocation of fiscal support from...
Ecsponent 8 555x400

FSCA temporarily suspends Ecsponent Financial Services’ licence

The Financial Sector Conduct Authority (FSCA) on Wednesday imposed a two-week suspension on the operations of Ecsponent Financial Services (EFS), which stands accused of marketing “high risk” preference shares in its JSE-listed parent company...
John Mangudya

We are on our own in fighting COVID-19 – Mangudya

Farai Mabeza Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency financial assistance extended to other countries by the International Monetary...

Mash Holdings rent collections drop to 70% in April due to coronavirus lockdown

HARARE - Mashonaland Holdings says that the coronavirus-induced lockdown had seen rent collection levels drop to 70% from the average 95%. This comes as over 70% of the group's tenants were prevented from being...
Front Marshal Hole

Money in Zimbabwean History: A Concise Currency Timeline

Early State-making and the historical foundations of Zimbabwe’s colonial monetary system: 1890-1900 Tinashe Nyamunda What is money in Zimbabwe? Given the contentious and dynamic experiences in Zimbabwe’s recent history, there is no easy answer to this...
Mother Touch Junior School

Mother Touch School in online fees storm

Farai Mabeza Parents with children at private schools, who, after being bombarded with United States dollar demands for online learning, are feeling the pinch of the COVID-19 pandemic. With diminished incomes under lockdown, the latest bills...