Business »
Tuesday, 11 December 2012 12:22
HARARARE - Zimbabwe's Reserve Bank has no current capacity to pay retrenched workers due to liquidity challenges, governor Gideon Gono has said. Last year, the Central Bank retrenched 1 450 employees as part of cost-cutting measures. The retrenchment exercise followed the...Read More
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Business »
Monday, 10 December 2012 13:57
HARARE - Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono says he might extend an “olive branch” to struggling financial institutions that fail to meet the December 31, 2012 recapitalisation deadline. Although most banks such as CBZ Bank, FBC Bank and...Read More
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News » Richard Chidza, Staff Writer
Tuesday, 11 September 2012 12:02
HARARE - Ex-Reserve Bank of Zimbabwe (RBZ) senior staffer Munyaradzi Kereke has threatened the Daily News with another lawsuit for publishing in yesterday’s edition, a story sourced from New Zimbabwe.com. In his latest threat, Kereke claims the story headlined, “Gono, police...Read More
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News »
Monday, 03 September 2012 09:03
HARARE - Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has filed a $10 million defamation lawsuit against his ex-advisor Munyaradzi Kereke, in what promises to be a tantalising case for many Zimbabweans. Apart from fighting Kereke, who has made persistent...Read More
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Business »
Friday, 31 August 2012 10:04
VICTORIA FALLS - Bankers Association of Zimbabwe (Baz) president George Guvamatanga has defended the prevailing bank charges saying they were a mere symptom of the operational challenges in the country. This comes after Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono...Read More
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News »
Sunday, 19 August 2012 15:22
HARARE - The attorney for a 13-year-old girl who says she was raped by Munyaradzi Kereke the former advisor to Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono two years ago, has petitioned the police chief to act on the alleged...Read More
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Opinion & Analysis »
Wednesday, 15 August 2012 14:25
HARARE - Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono might have created many enemies during his reign at the height of the hyperinflation period, few would begrudge him for his efforts in trying to bring discipline to the financial sector....Read More
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News »
Wednesday, 15 August 2012 01:05
HARARE - Cabinet has approved the hike in minimum capital requirements for banks to $100 million as proposed by Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono. When the central bank boss announced the new requirements, there was a huge uproar...Read More
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News »
Wednesday, 15 August 2012 01:05
HARARE - Panic has gripped the country’s banking sector on how to comply following the upward review of capital requirements to $100 million by the Reserve Bank of Zimbabwe (RBZ). Economic analysts say the hike was necessary to instil discipline in...Read More
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