Central Bank Firefights Liquidity Crisis

[Financial Gazette] THE Reserve Bank of Zimbabwe (RBZ) unveiled a cocktail of measures yesterday as part of the 2017 Monetary Policy Statement in a desperate bid to liquefy an economy that is slowly grinding to a halt due to a severe liquidity crisis t…

[Financial Gazette] THE Reserve Bank of Zimbabwe (RBZ) unveiled a cocktail of measures yesterday as part of the 2017 Monetary Policy Statement in a desperate bid to liquefy an economy that is slowly grinding to a halt due to a severe liquidity crisis that has resulted in companies failing to settle on time their external payments for raw material and other products.

source: AllAfrica News: Zimbabwe

Firm Targets 200 000 Tonnes for Winter Wheat

[Financial Gazette] THE Agricultural Rural Development Authority (Arda) has set a target of 200 000 metric tonnes for its winter wheat crop in bid to revive the country’s self-sufficiency and reduce imports.

[Financial Gazette] THE Agricultural Rural Development Authority (Arda) has set a target of 200 000 metric tonnes for its winter wheat crop in bid to revive the country's self-sufficiency and reduce imports.

source: AllAfrica News: Zimbabwe

Stock Exchange Should Foster Confidence

[Financial Gazette] LAST week, we carried an in-depth report on the Zimbabwe Stock Exchange (ZSE) which highlighted the equities market’s sad reaction to complaints from concerned investors. We reported on the lack of action, or slow pace at which the …

[Financial Gazette] LAST week, we carried an in-depth report on the Zimbabwe Stock Exchange (ZSE) which highlighted the equities market's sad reaction to complaints from concerned investors. We reported on the lack of action, or slow pace at which the ZSE has investigated a complaint by one investor in CFI Holdings. The complaint relates to the disposal of an asset by the company to another listed company on the ZSE.

source: AllAfrica News: Zimbabwe

PDP Asks Fayose, Wike to Visit Buhari in London

[Vanguard] The youth group of Peoples Democratic Party PDP called the PDP Youth Frontier has demanded that Governor Nyesom Wike and Ayodele Fayose should visit President Muhammad Buhari in London.

[Vanguard] The youth group of Peoples Democratic Party PDP called the PDP Youth Frontier has demanded that Governor Nyesom Wike and Ayodele Fayose should visit President Muhammad Buhari in London.

source: AllAfrica News: Nigeria

Turning Our Mining Resources Into Blessings

[Financial Gazette] PARADOXICALLY, despite the prospect of wealth that accompany the discovery of natural resources in Africa, such endowments all too often impede than rather than accelerate development. Zimbabwe is no exception.

[Financial Gazette] PARADOXICALLY, despite the prospect of wealth that accompany the discovery of natural resources in Africa, such endowments all too often impede than rather than accelerate development. Zimbabwe is no exception.

source: AllAfrica News: Zimbabwe

Heritage Insurance Accounts Frozen in Sacking Case

[Nation] A court has temporarily frozen the bank accounts of Heritage Insurance for reportedly failing to pay more than Sh100 million to employees whose services were unfairly terminated.

[Nation] A court has temporarily frozen the bank accounts of Heritage Insurance for reportedly failing to pay more than Sh100 million to employees whose services were unfairly terminated.

source: AllAfrica News: Kenya

4 Education Officers Held Over Sh100 Million Loss

[Citizen] Dar es Salaam -Four senior officials with the Ministry of Education, Science, Technology and Vocational Training were yesterday charged with defrauding and causing a Sh100 million loss to the government.

[Citizen] Dar es Salaam -Four senior officials with the Ministry of Education, Science, Technology and Vocational Training were yesterday charged with defrauding and causing a Sh100 million loss to the government.

source: AllAfrica News: Tanzania