The Zimbabwe Stock Exchange (ZSE) has partnered the Harare Receivables Exchange (HRE), a local startup that provides a market place for trading of outstanding invoices to a wide variety of buyers on an action based system, 263Chat Business can report. The agreement that will see the
The much awaited Zimbabwe Emerging Enterprises Market (ZEEM), a soon to be operational securities exchange platform targeting small and medium enterprises is finally gaining traction, three years after the idea was mooted, 263Chat Business can report. The Zimbabwe Stock Exchange (ZSE) has since partnered a local
Finance and Economic Development Minister, Mthuli Ncube has for the first time explained understated Chinese bilateral support figures in the 2020 National Budget statement presented over three weeks ago, citing differences in public finance accounting systems, 263Chat Business can report. In the presentation, the Finance minister
President Emmerson Mnangagwa has reiterated that his government has only banned transactions in foreign currencies but possession of the multi-currencies is still legal. The Central Bank yesterday abolished the use of foreign currency in local transactions in a bid to curb black market demand. The local dollar
Zimbabwe gazetted two legal instruments, The Exchange Control Regulations (Amendment) of 2019 (SI 32) and the Presidential Powers (Temporary Measures) for (Amendment) of the RBZ Act and RTGS Electronic Dollars Regulations of 2019 (SI 33) which meant that the RTGS dollar shall be legal tender
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a stern warning to fuel operators against fuel price increases and hoarding of the commodity. In a statement, ZERA said it has deployed police officers to ensure compliance with the directive. “The Petroleum Industry is advised that the prices
The Reserve Bank of Zimbabwe has availed US$ 150 000 to City of Harare towards purchase water treatment chemicals to alleviate the deteriorating water quality and supply. Harare however, requires an average of US$ 2.5 million worth of supplies every month. In a statement issued this morning,
The Reserve Bank of Zimbabwe (RBZ) has shockingly cleared four of its senior managers, fingered in alleged acts of corruption by controversial whistleblower, Acie Lumumba. The managers, Mirirai Chiremba (Director Financial Intelligence), Norman Mataruka (Director Bank Supervision), Gresham Muradzikwa (Head of Security) and Azvinandawa Saburi (Director
William "Acie Lumumba" Mutumanje's rebound video after a two months hiatus from his live sessions has somehow revealed his obsession with the multi award winning Game of Thrones television series which is characterized by deceit, betrayal, lies, treachery and most importantly secrets. [caption id="attachment_39405" align="aligncenter" width="350"]
The government has moved to dismiss Finance and Economic Development Minister Professor Mthuli Ncube's latest appointee Communications Taskforce chair William Mutumanje Lumumba barely four days after the latter exposed rot corruption at the central bank.
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