‘Deposit rates hike good but not enough’

Nqobile Bhebhe, Senior Business Reporter ECONOMIC commentators have welcomed the Reserve Bank of Zimbabwe (RBZ)’s deposit rates increase for local currency savings from 12.5 percent to 40 percent per annum but say this is not enough to effectively incentivise depositors. They said the 40 percent level was still low when compared to prevailing exchange rate […] …
Continue reading…

Enjoyed this post? Share it!

 
 

Zimbabwe’s censorship board bans Danish documentary about opposition leader

Source: Zimbabwe’s censorship board bans Danish documentary about opposition leader Lusaka –Zimbabwean authorities must lift the ban on the documentary film “President” by Danish journalist Camilla Nielsson and not abuse censorship laws for political ends ahead of next year’s general election, the Committee to Protect Journalists said Tuesday. The film, which follows opposition leader Nelson […] …
Continue reading…

Enjoyed this post? Share it!

 
 

Fidelity eyes 40 tonnes gold 

Source: Fidelity eyes 40 tonnes gold | The Herald Zvamaida Murwira in Kariba Fidelity Printers and Refiners is eyeing a 40-tonne gold delivery to the firm by miners riding on a cocktail of measures that include incentives the Government has put in place for both small-scale and large-scale miners. The company’s general manager, Mr Peter […] …
Continue reading…

Enjoyed this post? Share it!

 
 

Businessman Sivan removed from remand 

Source: Businessman Sivan removed from remand | The Herald Prosper Dembedza  Herald Correspondent Businessman Ofer Sivan and his personal assistant Cassandra Myburg yesterday heaved a sigh of relief after they were removed from remand on allegations of fraud. The ruling was delivered by Mr Stanford Mambanje on behalf of magistrate Mrs Faresi Chakanyuka. In coming […] …
Continue reading…

Enjoyed this post? Share it!

 
 

No cases of monkeypox recorded in Zim 

Source: No cases of monkeypox recorded in Zim | The Herald Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa addresses the media at a post Cabinet briefing in Harare yesterday Cabinet received an update on the country‘s response to the Covid-19 pandemic, and a report on the procurement and roll-out of vaccines, as presented by […] …
Continue reading…

Enjoyed this post? Share it!

 
 

Three Zimbabweans shot dead in SA 

Source: Three Zimbabweans shot dead in SA | The Herald Crime Reporter Three Zimbabwean men were found dead with multiple gunshot wounds in Paarl, Western Cape , South Africa, early Sunday morning. According to reports, one of the bodies was inside a vehicle, another one behind the same vehicle while the third one inside a […] …
Continue reading…

Enjoyed this post? Share it!