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FMHL declares first dividend

HARARE – First Mutual Holdings Limited (First Mutual) has declared its first dividend of $0,01 per share since dollarisation in 2009. This…

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Trust liquidation set aside

HARARE – Zimbabwe’s High Court has set aside a liquidation order imposed by the Reserve Bank of Zimbabwe (RBZ) against Trust Bank…

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Engage lenders, IMF urges Zim

HARARE – The International Monetary Fund (IMF) says Zimbabwe must engage its creditors to arrest economic collapse. Following President Robert Mugabe’s election…

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Tobacco sales reach $88m

HARARE – Zimbabwe has auctioned 28,6 million kg of tobacco worth $88 million since the beginning of the 2014 selling season mid-February….

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DPC pays 220 Trust depositors

HARARE – The Deposit Protection Corporation has so far paid 220 Trust Bank Limited (Trust) depositors following closure of the financial institution…

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Zim could miss IMF targets

HARARE – Zimbabwe could for the second time miss the International Monetary Fund (IMF)’s Staff Monitored Programme (SMP) targets due to deteriorating…

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ABCH seeks $360m

HARARE – ABC Holdings (ABCH) seeks $360 million to capacitate it to be lender-of-last-resort to its banking subsidiaries. This comes as last…

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