Banking & Finance

NBS seeks $60m for new flats, houses

4th December 2016 Staff Reporter 1

THE National Building Society is in the market to raise over $60 million for housing projects through a funding strategy that includes additional capital from the shareholder and external lines of credit, managing director Ken […]

Banking & Finance

Bond notes run out as crisis deepens

4th December 2016 Staff Reporter 0

The introduction of bond notes by the Reserve Bank of Zimbabwe (RBZ) has brought more misery than relief to depositors that now have to endure longer queues to access their cash. By KHANYILE MLOTSHWA/ NQOBANI […]

Banking & Finance

RBZ explains bond notes shortage

4th December 2016 Staff Reporter 1

BOND notes introduced by the Reserve Bank of Zimbabwe (RBZ) last Monday have been endorsed by citizens across the country as evidenced by long queues at the banks over the past few days, The Sunday […]

Banking & Finance

Tsvangirai joins late Rand adoption call

3rd December 2016 Staff Reporter 0

Harare  – Zimbabwean opposition Movement for Democratic Change (MDC) party leader Morgan Tsvangirai has called on President Robert Mugabe‘s administration to adopt the South African rand as its major trading currency amid cash shortages in […]

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