Browsing Category
Business
CEO Africa Roundtable Secures US$ 300 Million Investment In Africa
The CEO Africa Roundtable has managed to superintend over US$300 million worth of investments in sub-Saharan Africa in the past two years and seeks to spread its influence into the North African region, 263Chat Business reports.
The…
Zimbabweans Scared To Invest In Risky Local Economy
Zimbabweans are timid to invest in the local economy for fear of losing their assets in this very volatile and risk-perceived business environment, industry has said.
Speaking at the inaugural Political Actors Dialogue (POLAD) economic…
ZSE Capitalization Surge As Investors Seek Refuge
Market capitalization on the Zimbabwe Stock Exchange (ZSE) grew 64 percent in just a little over a week to reach ZWL$ 67 billion as at close of trading yesterday on the back of investors continuing to seek shelter in the equities amid local…
NetOne’s Launches Hourly Bundle Service
Mobile network operator, NetOne has introduced a new 1000 megabytes data and 25 short message service bundle valid for one hour in a move meant to ease the high cost of data for its customers.
In a statement, the company said the bundle…
Zim’ Subsidized Grain Smuggled To DRC
Shocking revelations of alleged smuggling of government’s subsidized grain into the Democratic Republic of Congo (DRC) by organized cartels in the local milling industry have emerged, 263Chat Business can reveal.
The startling revelations…
STANBIC Shuts Down Chitungwiza, Beitbridge Branches
Stanbic Bank is set to close its Chitungwiza and Beitbridge branches with effect from 31 March 2020 as the institution 'moves forward with its digitalization strategy which allows customers to conduct their banking any hour of the day from…
Guard Against Cyber-Attacks Banks Told
Reserve Bank of Zimbabwe Governor, John Mangudya has called on banking institutions to ensure that they have robust Information and Communication Technologies to curb cyber-attacks.
Presenting the first half monetary statement in Harare…
2020 Monetary Policy Statement: What We Learnt
This morning the Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mangudya presented the first half, 2020 Monetary Policy Statement (MPS) amid huge expectations for remedies to soothe the increasingly anxious financial market.…
De-dollarization To Take Five Years
Zimbabwe needs at least five years to complete the de-dollarization process which started last year in June following the abolishment of the multi-currency system, Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya has said.…
Hippo Valley Resumes Trading On ZSE
Sugar producing company, Hippo Valley Estates Limited (Hippo) will today commence trading its shares on the local bourse, following a six month hiatus from the Zimbabwe Stock Exchange (ZSE) pending investigations of its parent company,…