Articles tagged 'baz'

Reform media laws, govt urged 27 November 2018 HARARE - Media stakeholders have called on government to urgently reform media laws and open the space for new players, as plans to align the laws with the country’s Constitution are now in motion. This emerged yesterday during a round table consultative meeting organised by the Information mi...
'Prophets' cry foul over radio ban 15 April 2018 HARARE – While Zimbabweans have hailed the Broadcasting Authority of Zimbabwe (Baz) for banning advertising of mushrooming church “prophets”, those practising this trade feel betrayed. In a letter sent to all broadcasting media houses recently, Baz chief executive officer Obert Muganyura said ...
License genuine community radios 6 January 2018 HARARE - The Broadcasting Authority of Zimbabwe (Baz) should sail along with the new government by awarding community radios licences to deserving operators. For democracy to flourish and to augment calls by President Emmerson Mnangagwa to democratise the nation, we need to give the ordinary p...
ED petitioned over media reforms 13 December 2017 HARARE - Media Institute of Southern Africa (Misa) Zimbabwe has petitioned President Emmerson Mnangagwa and Attorney General Prince Machaya beseeching them to establish a legal and political environment conducive for a free press. In a letter dated December 10, written by Misa-Zimbabwe chairpe...
Parliament shortlists candidates for Baz board 4 December 2017 HARARE – The Parliament of Zimbabwe has shortlisted 12 candidates from which six will be considered by President Emmerson Mnangagwa for appointment on the Broadcasting Authority of Zimbabwe Board (Baz). The shortlisted candidates include former National Arts Council of Zimbabwe (Nacz) assistan...
Kwese TV is back 30 September 2017 HARARE - Telecommunications magnate Strive Masiyiwa's Econet Media-owned Kwese TV through its partner Dr Dish (Private) Limited has won an urgent chamber application in which it sought permission to continue broadcasting pending a Supreme Court appeal filed by the Broadcasting Authority of Zimbab...
Uproar over Kwese TV 29 August 2017 HARARE - Government, through the Broadcasting Authority of Zimbabwe (Baz) should license all prospective local independent television stations, including satellite television service provider Kwese TV (Kwese). Kwese which is owned by Zimbabwe-born Strive Masiyiwa last week put up adverts in th...
Demand for bond notes hits sky high 1 December 2016 HARARE - In an unexpected development, Zimbabweans are stampeding to their banks in large numbers to withdraw the newly-introduced bond notes. For the third day running yesterday, stressed banks battled to cope with the long queues that snaked inside and around their premises, as depositors co...
Skyz Metro FM to launch in January 28 November 2015 HARARE - Skyz Metro FM, which was licensed in March this year along with seven other radio stations, says it will begin operations in January next year. Qhubani Moyo, the chief executive officer of the newly-licensed radio station, told the Daily News yesterday that the preparations for the la...
MBCA indigenisation plans on course 22 August 2014 HARARE - MBCA Bank (MBCA) — a unit of South Africa's Nedbank group — says ithopes for a positive outcome on its indigenisation compliance discussions with government, as the financial institution seeks to comply with the country's laws. In a statement accompanying the group's unaudited interim...
AB Communications bids for Faya FM licence 22 August 2014 GWERU - AB Communications CEO Susan Makore yesterday was taken to task by residents here over its plan to set up a commercial radio station in the city at a public hearing for Faya FM. The public hearings are being conducted by the Broadcasting Authority of Zimbabwe (BAZ). AB Communications...
Zimbabwe will soon run out of money: Baz 5 August 2014 HARARE - Bankers Association of Zimbabwe (Baz) has warned that Zimbabwe will soon run out of money to sustain imports. Joseph Mverecha, Agribank divisional director, speaking on behalf of Baz president Sam Malaba at the Gweru Agricultural Show business conference last week,  said Zimbabwe's de...
'Zim dollar not coming back' 2 August 2014 MUTARE - The Zimbabwe dollar (Zim Dollar) will not come back into circulation until the public regains trust in the eschewed currency, Bankers Association of Zimbabwe (Baz) president, Sam Malaba said. Malaba told a Confederation of Zimbabwe Industries (CZI) conference yesterday the Reserve Ban...
Deposits stagnant at $4bln 4 April 2014 HARARE - Zimbabwe's banking sector deposits stagnated at $4 billion in 2013, indicating tightening liquidity conditions, according to Agribank chief executive Sam Malaba. He said about 80 percent of the deposits remained short term and transitory. “The stagnation… reflects the deteriorating...
Baz is victimising us: Zacras 24 March 2014 BULAWAYO - The Zimbabwe Association of Community Radio Stations (Zacras) says the Tafataona Mahoso-led Broadcasting Authority Zimbabwe (Baz) refused to engage his organisation over licensing of community radio stations alleging they were harbouring a political agenda. Mahoso labelled community...
Unbanked money on rise 23 March 2014 HARARE - The Bankers Association of Zimbabwe (Baz) has commissioned a study to ascertain the amount of cash circulating outside the formal system, which is estimated to be as much as $7,4 billion. While initial approximates put the figure at around $2 billion, it is believed that the unbanked ...
Parly raps bank charges hike 12 March 2014 HARARE - Parliament on Monday grilled bankers over increased bank charges following the expiry of an agreement putting a cap on interest rates and fees banks could levy. Legislators accused local financial institutions of pushing the majority of depositors out of the banking sector through exo...
BOStv abused licence — Baz 21 February 2014 HARARE - The Broadcasting Authority of Zimbabwe (Baz) has said BOStv was operating illegally as a free-to-air TV channel, and must be incorporated into the MYTV bouquet on a subscription basis as authorised by their licence. BOStv was recently yanked off air by Baz. Obert Muganyura, Baz chi...
RBZ reforms: Banks to lose $73m revenue 10 November 2013 HARARE - Zimbabwean banks are set to lose over $70 million in income in the nine months to December 2013 following a raft of reforms imposed by the Central Bank, according to the Bankers Association of Zimbabwe (Baz). In January this year, the Reserve Bank of Zimbabwe (RBZ) signed a memorandum...
Capitalise RBZ: Bankers 4 November 2013 HARARE - Government must prioritise the recapitalisation of the Reserve Bank of Zimbabwe (RBZ) in the forthcoming 2014 National Budget to help ease liquidity challenges in the country, the Bankers Association of Zimbabwe (BAZ) said. In its contribution to Parliament's budget consultations last...
Opening up airwaves necessary: Moyo 28 September 2013 HARARE - Digitalisation of broadcasting services will open up the airwaves to address public concerns about lack of media plurality in Zimbabwe which has become a bone of contention among media stakeholders, Media, Information and Broadcasting Services minister Jonathan Moyo has said. Moyo tol...
Reforms weigh down Barclays' income 29 June 2013 HARARE - Barclays Bank of Zimbabwe Limited (Barclays) says banking reforms recently imposed by the Reserve Bank of Zimbabwe are heavily restraining growth of its non-funded income. In February, banks — through the Bankers Association of Zimbabwe (Baz) ? signed a memorandum of understanding wit...