Business »
Thursday, 10 January 2013 12:36
HARARE - Financial services group FBC Holdings Limited (FBCH) says it awaits approval of its bid to acquire Reserve Bank of Zimbabwe (RBZ)’s subsidiary Homelink (Private) Limited. Priscilla Sadomba, FBCH’s group marketing head, told businessdaily that the matter was yet to...Read More
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News »
Wednesday, 26 December 2012 12:37
HARARE - Controversial businessman Munyaradzi Kereke has been overwhelmingly voted the Daily News Noisemaker of the Year after picking up fights with virtually everyone from the media, politicians and state security agents. His “everyone is wrong except me” attitude, made him...Read More
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News »
Monday, 17 December 2012 13:27
HARARE - Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has abolished the RBZ advisor’s post in the wake of the firing of his advisor Munyaradzi Kereke early this year. The central bank boss said the advisor’s post has been scrapped...Read More
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Opinion & Analysis »
Thursday, 13 December 2012 12:54
HARARE - A hint by Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono that he may consider extending an olive branch to banks, which are struggling to meet his new recapitalisation thresholds is welcome in many ways. His statements, although not...Read More
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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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Business »
Monday, 19 November 2012 12:51
BULWAYO - The South African Reserve Bank (SARB), in partnership with the Reserve bank of Zimbabwe (RBZ), has embarked on a campaign in Zimbabwe to raise awareness on the recently-launched series of South African bank notes. “The campaign is aimed at...Read More
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News »
Tuesday, 23 October 2012 09:46
HARARE - Ex-Reserve Bank of Zimbabwe (RBZ) advisor Munyaradzi Kereke was involved in a nasty altercation with another maverick businessman Temba Mliswa at a Harare hotel yesterday. While the Rock Foundation Medical Centre (RMC) founder did not acknowledge the Daily News’...Read More
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Business »
Thursday, 11 October 2012 13:11
HARARE - Reserve Bank of Zimbabwe (RBZ) says it is not in a position to divulge the number of banks that have complied with its capitalisation plan and September 30 submission deadline. RBZ spokesperson Alson Mfiri told businessdaily that the central...Read More
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News »
Wednesday, 10 October 2012 10:00
HARARE - We write to place on record an unusual brief that we have received from Dr Kereke. We have been obliged to advise you of this brief as in our humble assessment, a real and substantial threat to his life...Read More
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Business »
Tuesday, 09 October 2012 12:40
HARARE - Strengthening auditing standards and efficacy of corporate boards, among other measures, could improve the medium-term outlook of Zimbabwe’s financial sector, the African Development Bank (AfDB) said. Damoni Kitabire, an economist with AfDB’s Zimbabwe office, said there is need for...Read More
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News »
Thursday, 27 September 2012 10:26
HARARE - A former Reserve Bank of Zimbabwe (RBZ) official Joseph Banda has been jailed for four years after being convicted on 15 counts of fraud and two counts of impersonating a senior police officer. Harare regional magistrate William Bhila yesterday...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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Opinion & Analysis » Guthrie Munyuki, Senior Assistant Editor
Saturday, 08 September 2012 13:11
HARARE - Finance Minister Tendai Biti biggest bloat on his tenure as the national treasurer is the placement of banks on curatorship and persistent challenges that stalk the banking sector. Try as we might to give him and his colleagues in...Read More
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Opinion & Analysis »
Friday, 07 September 2012 12:35
HARARE - Munyaradzi Kereke, the former Central Bank adviser, must think Zimbabweans are mental dunces who are enamoured of his brilliant self that we will let him treat us with the selfish disregard of a lover who tantalises you with the...Read More
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