HARARE - Steward Bank, Zimbabwe’s largest bank by customer base, says it is reviewing its structures and operations to adapt to technological changes in a move that will see the institution rationalise its staffing levels, resulting in about 20 percent
the EIB is pleased to provide €12.5m of targeted financing to First Capital Bank to accelerate private sector investment, create jobs and accelerate the post pandemic recovery of Zimbabwe," Hodges said.
Zimbabwean demonstrator shows defunct local currency in downtown Harare, capital of Zimbabwe, Aug. 3, 2016. Hundreds of Zimbabwean protesters marched in the capital Harare to protest against the impending introduction of bond notes and lack of jobs. (Xinhua) HARARE, July 4 (Xinhua) -- Governo...
It is, therefore, in all our interest to ensure that the US dollars we may have as a country are applied mainly to productive purposes, these being primarily the importation of raw materials and plant and machinery so that we may add value locally, create jobs and earn more foreign exchange...
finance by companies across Zimbabwe. By helping private sector resilience to the new EUR 15 million financing scheme will create jobs, unlock business growth and contribute to alleviating poverty in the years ahead." said Ambassador Timo Olkkonen, Head of the European Union Delegation to Zimbabwe...
Previous efforts to cut public sector wages – responsible for 93 percent of the national budget – and civil service jobs were blocked by former president Robert Mugabe. “Internally we need fiscal consolidation and making sure that on the expenditure side, we live within our means or mo...
THE Reserve Bank of Zimbabwe (RBZ) has hiked its bank policy rate, against which banks benchmark interest rates, from 35 to 40 percent, as part of new policy measures announced yesterday to buttress the prevailing economic stability. This comes as the ba
The Reserve Bank of Zimbabwe (RBZ) says its financial intelligence unit (FIU) will continue to crack the whip on errant businesses and dodgy transactions, as it intensifies efforts to curtail market indiscipline. The bank’s FIU has been red flagging, blocking and reversing or suspending suspicio...
Harare - Zimbabwe's new finance minister said on Monday he would accelerate plans to pay arrears to the World Bank and the African Development Bank and would work on a three-year programme to cut government spending. Mthuli Ncube did not spell out how he
The increased pro-industrial productivity allotments are expected `boost manufacturing sector, increase locally manufactured goods on the shelves and create jobs for locals in the long run. Source – newzimbabwe Share this: Share Like this: Loading... Related Zimbabwe Central bank a...