Business »
Wednesday, 13 March 2013 10:33
HARARE - Government has issued 365-day Treasury Bills to the National Social Security Authority and Old Mutual (OM) to raise $40 million. Tendai Biti, Finance minister, said the move was consistent with the prescribed asset requirements for pension funds and insurance...Read More
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Opinion & Analysis »
Wednesday, 13 March 2013 10:22
HARARE - Finance minister Tendai Biti’s state of the economy address on Monday has revealed the desperate situation Zimbabwe finds herself in. Two recent events clearly support this picture of a country limping heavily with no permanent fix in sight to...Read More
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Business »
Wednesday, 07 November 2012 13:09
HARARE - Zimbabwe's Finance minister Tendai Biti has said lenders, including units of Barclays and Standard Chartered banks, had a last chance to support the central bank’s Treasury bill sales or they would be compelled to buy negotiable certificates of deposit...Read More
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Business »
Tuesday, 06 November 2012 13:46
HARARE - The African Development Bank (AfDB) says the country risks engaging in excessive borrowing and the possibility of rollovers in the event that it fails to redeem its Treasury Bills (TBs). The TB market, which last operated in 2008 was...Read More
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