South Africa is losing more than US$62 billion a year because of illicit financial flows (IFFs), which could be used to fund the building of schools, hospitals and safer roads.This was highlighted at ...
LAST week, the Government of Zimbabwe announced that its Command Agriculture programme shall look to be financed by the banking sector. The country's planting season is already upon us. Field preparat...
REGIONAL sugar producer, Tongaat Hulett (THL), has deferred publishing of its periodic financial results to October 2019 pending conclusion of its financial review and associated forensic investigatio...
THE opposition MDC needs to transform itself into a "strong" and financially sound institution if it is to win elections in 2023, former Education Minister David Coltart has said.Coltart was speaking ...
STEWARD Bank has partnered Chinese financial services firm, UnionPay International (UPI), to provide payment services for Zimbabweans travelling between the southern African country and Beijing."Basic...
VICE President Constantino Chiwenga yesterday lashed out at corporates dipping their hands in underhand parallel market exchange dealings and equated such behaviour to "financial terrorism". Addressin...
ACCOUNTANT-General Daniel Muchemwa has been ordered by Parliament to produce and publish government's consolidated financial statements for 2016 and 2017 before year-end.Muchemwa, who on Monday appear...
I found a very interesting letter in one of my old books that I last read in 2004. It is a letter that I received from Barclays Bank (Zimbabwe), offering me a Z$1 million overdraft facility. Three yea...
TELONE Centre for Learning (TCFL) will host a mobile financial services hackathon for State-owned mobile operator NetOne in collaboration with South Africa's FinMark Trust to promote mobile financial ...
The Zimbabwe Coalition for Debt and Development (Zimcodd) says lost revenue through illicit financial flows (IFFs) has far reaching consequences on the fulfilment of social and economic rights as it h...
While the "Zimbabwe is open for business" mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti ...
THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...
An increased number of actuarial professions practicing in the country can help stabilise the financial sector, the Insurance and Pensions Commission acting Commissioner Blessmore Kazengura has said.S...
BRAINWORKS Limited is set to embark on a restructuring exercise that will see the company disposing of its financial services section to focus on hospitality, leisure and real estate. The company anti...
THE Government should establish an independent financial intelligence unit, outside the Reserve Bank of Zimbabwe, to guarantee its effectiveness under the Money Laundering and Proceeds of Crime Act....
Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalizing money and assets and granted them a thr...
ZIMBABWE requires an economic model that empowers communities to develop businesses and create jobs within their immediate environment, National University of Science and Technology (Nust) Vice Chance...
BANKS have been urged to capitalise on technological developments, share information and offer affordable financial services to consumers to promote financial inclusion.The call was made by Reserve Ba...
Reserve Bank of Zimbabwe deputy governor Jesimen Chipika has accused illegal money changers of derailing regional financial integration efforts and promoting money laundering.Chipika made the remarks ...
ZIMBABWE has no financial crisis, but suffers from leadership and management crisis due to endemic corruption associated with the ruling Zanu-PF top officials, Coalition for Democrats (Code) leader El...
President Mnangagwa has invited Chinese financial institutions to establish themselves in Zimbabwe to provide funding for economic reconstruction.Addressing the Zimbabwe China Business Forum here this...
ZMBABWE Stock exchange listed company, Edgars Stores Limited, continues to consolidate its sound financial footing after reducing borrowings to $4.6 million in the financial year ended January 7, 2018...
THE Reserve Bank of Zimbabwe (RBZ) has called on women nationwide to embrace the financial inclusion programme to foster economic development in the country.Financial inclusion is meant to empower mo...
President Emmerson Mnangagwa heads to China in the first week of April to try to secure greater access for Zimbabwe companies to that market and strengthen the Look East policy. In his first official ...
Financial inclusion is a key enabler of sustainable economic and social development. Initiatives by the United Nations and the World Bank Group continue to drive financial inclusion and it has become ...