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Zimbabwe:
Banks Must Be At the Forefront of Economic Recovery Efforts
The Herald, 11 October 2012
The banking sector plays an intermediary role in mobilising savings and onlending to productive sectors to keep the economy ticking. While both local and foreign banks have largely… Read more »
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Zimbabwe:
Gono, Banks On Collision Course
The Herald, 9 October 2012
MOST foreign-owned banks shunned the Reserve Bank's US$15 million Treasury Bills floated last week, in what could be viewed as a slap in the face of fiscal and monetary authorities… Read more »
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Zimbabwe:
'Indigenisation Vital for Security'
The Herald, 1 October 2012
INDIGENISATION of foreign-owned businesses in Zimbabwe is critical for security of the investments, Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere… Read more »
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Zimbabwe:
Market Forces Must Determine Bank Interest Rates - Analysts
Zimbabwe Independent, 28 September 2012
ECONOMISTS and bankers this week dismissed claims that banks are not paying a fair interest rate on savings deposits, arguing that the seemingly high costs of borrowing have more… Read more »
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Zimbabwe:
IMF Hails Zim Turnaround Efforts
The Herald, 27 September 2012
THE International Monetary Fund's executive board has applauded Zimbabwe for its efforts to turn around the economy and urged the Government to make full and prompt settlement of… Read more »
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Zimbabwe:
Nation Gets Lifeline From AFDB
Zimbabwe Standard, 24 September 2012
THE African Development Bank (AfDB) has given Zimbabwe a reprieve by extending a US$500 million facility meant to clear its arrears. The facility is accessed on a first come-first… Read more »
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Zimbabwe:
Zim Economy Has Potential - Envoy
The Herald, 21 September 2012
The mining and agriculture sectors have potential to take Zimbabwe's economy to greater heights, Chinese ambassador to Zimbabwe Mr Lin Lin has said. Read more »