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FBCH in $10m PTA deal

HARARE – FBC Holdings (FBCH) is finalising a $10 million import facility with PTA Bank (PTA), its chief executive John Mushayavanhu said….

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Zim considers Implats refinery proposal

HARARE – Zimbabwe is considering a platinum refinery construction proposal by South Africa-based Impala Platinum Holdings (Implats), businessdaily has learnt. Mines minister…

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Tobacco sales hit $58m

HARARE – Zimbabwe has so far earned $58 million from 19 million kg of tobacco auctioned since the beginning of the 2014 selling season mid-February…

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Foreigners snap up Zim banks

HARARE – More Zimbabwean banks are increasingly becoming foreign-owned despite government’s aggressive indigenisation programme, the Bankers Association of Zimbabwe (Baz) has said….

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Foreign banks yet to indigenise

HARARE – Foreign banks are yet to comply with Zimbabwe’s indigenisation policy due to authorities’ delay in approving their compliance plans, the…

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