Business »
Thursday, 10 January 2013 12:34
HARARE - Capital Bank Corporation Limited (Capital Bank) has submitted its recapitalisation plan to the Reserve Bank of Zimbabwe (RBZ) after it missed the December 31, 2012 deadline. According to RBZ’s phased recapitalisation requirement, commercial and merchant banks are supposed to...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 »
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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