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Banker pays US$5.3 million for CFX disputed shares28.07.10 - The Zimbabwe Mail -
Housing ministry exhausts allocation28.07.10 - Zimbabwe Herald Online -Housing and Social Amenities Minister Giles Mutsekwa told Herald Business the funding had been committed and his ministry would go back to Treasury to ask for additional funds to finish ongoing housing projects. ...
Rwodzi and Interfin Bank pays US$5.3 million for Muponda’s CFX disputed shares!!!!27.07.10 - Zimbabwe Telegraph -Interfin Financial Services Limited ( Interfin Bank) on 5 July 2010 sealed its reverse take-over of the disputed CFX Financial Services and traded on the ...
Fortune favours the bold — Mangudya12.06.10 - The Zimbabwe Independent -John Mokwetsi Businessdigest chief business reporter Paul Nyakazeya this week caught up with Mangudya in the capital and spoke of his plans for the bank, his tenure as Bankers Association of Zimbabwe president and challenges. ...
Zimbabwe the case for two states05.06.10 - New Zimbabwe.com -
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CBZ consolidates units26.05.10 - Zimbabwe Herald Online -Under the consolidation, both units will offer all services, and will be headed by one chief executive. Former CBZ Bank managing director Dr John Mangudya has been appointed to the post. ...
FBC US$8m rights offer receives 66pc response23.05.10 - Zimbabwe Herald Online -The financial services group had offered shareholders a total of 228 312 640 ordinary shares, which were available at 0.035 US cents per share on the basis of 63 new shares for every 100 ordinary shares already held in the group. ...
CBZ outperforms Zim banks on The Zimbabwe Guardian22.05.10 - The Zimbabwe Guardian (TalkZimbabwe) -Philip Murombedzi CBZ Bank has climbed to the apex of the financial services sector after emerging the star performer during 2009. ...
Related News Topix: Cbz Stanbic Chartered Posb Cfx Mbca Stanchart And Kingdom Fbc Building Society And Interfin Building Society Premier Source Investment Research...
Zimbabwe woman desperately seeking help17.05.10 - Zimbabwe Reporter -
Country risk politicians must play part14.05.10 - The Zimbabwe Independent -John Mokwetsi The businessdigest’s chief reporter Paul Nyakazeya caught up with the veteran banker last week to talk about the state of the banking sector and government’s indigenisation and empowerment regulations, among other issues. ...
Hands off banks –– Baz13.05.10 - The Zimbabwe Independent -John Mokwetsi Empowerment and Indigenisation minister Saviour Kasukuwere three months ago gazetted regulations requiring that a company capitalised above US$500 000 must cede 51% of its shareholding to local investors. ...
Murehwa Diasporan lights up clinics04.04.10 - Zimbabwe Herald Online -Obert Chifamba Kazingizi had to contend with what was there and so he collected the tablets and went home. Fortunately, the tablets worked for him and the problem was contained. He had escaped the cholera scare that had been his main fear. ...
Related News Topix: Clinic Kazingizi United Kingdom Mashambanhaka November Katiyo Clinic Zesa December And January February Clinic Itai Katsande Katsande...
Banks seek extension of capital threshold deadline03.04.10 - The Zimbabwe Standard -John Mokwetsi The deadline expired on Wednesday last week when commercial banks were supposed to have US$12,5 million, merchant and building societies US$10 million, finance and discount house US$,5 million and US$500 000 for asset managers as minimum capital. ...
FBC shareholders asked to buy additional shares02.04.10 - Chronicle -The deadline for financial institutions to meet the new capital requirements expired Wednesday. In its financial report to December 2009, FBC Holdings said the building society was capitalised at US$7 million, short of the US$10 million threshold. ...
Trust to mobilise housing funds29.03.10 - Zimbabwe Herald Online -Former Reserve Bank of Zimbabwe Governor and current Cabs Building Society chairman Dr Leonard Tsumba heads the trust. Presenting a paper on Zimbabwe’s Urban Renewal project here last week, Dr Tsumba said the situation at the hostels was untenable. ...
Negotiations bar ZABG from meeting RBZ capital requirements25.03.10 - The Zimbabwe Independent -John Mokwetsi The central bank last year set varying capitalisation thresholds for the financial services sector with banks having a US$12,5 million threshold and US$10 million for discount houses. ...
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FBC mulls disposal of SMM stake25.03.10 - Zimbabwe Herald Online -Bright Madera It is also understood lawyers representing Mr Gwaradzimba of AMG Globconsult failed to block the transfer of the shares. Steelnet traded at US0,25c on the ZSE on Wednesday while Turnall and General Beltings traded at US2,2c and US0,2c respectively. ...
Gono attacks Mugabe21.03.10 - Zimbabwe Young Entrepreneurs -Cris Chinaka By Cris Chinaka HARARE - Central bank governor, Gideon Gono on Thursday attacked as reckless a drive by President Robert Mugabe's party to force ...
Gono attacks indigenisation drive20.03.10 - The Zimbabwe Standard -John Mokwetsi In an unusually fierce attack on policy strongly backed by his benefactor, Gono said the black empowerment drive smacked of racism, and would hurt efforts by a power-sharing government formed by Mugabe and Tsvangirai a year ago to fix the economy. ...
Zimbabwe central bank governor attacks planned company seizure19.03.10 - ZWNEWS.com -Cris Chinaka ...Prime Minister Morgan Tsvangirai, said in a newspaper interview the move was scaring off investment badly needed to revive a battered economy trying to recover from a decades-long crisis. ...
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