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Zim gets $4,1m EU loan

HARARE – Zimbabwe on Friday received a $4,1 million loan from the European Union (EU) aimed at reviving the private sector. The…

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Remo ruling presents dilemma

HARARE – A High Court ruling that Interfin Securities (Private) Limited (Interfin) must return Remo Investment Brokers (Private) Limited (Remo)’s shares worth…

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CBZ, Tuli in debt agreement

HARARE – CBZ Bank Limited (CBZ) has agreed on a settlement plan with Reserve Bank of Zimbabwe (RBZ)’s subsidiary Tuli Coal (Tuli)…

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Ziscosteel reopening deferred

HARARE – The re-opening of NewZim Steel — formerly Ziscosteel — has been postponed due to extensive refurbishments taking place at the…

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Return Remo shares, Interfin told

HARARE – Zimbabwe’s High Court has ordered Interfin Securities (Private) Limited (Interfin) to return $3 million-plus worth of Remo Investment Brokers (Private)…

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Barclays Zim may cut jobs

HARARE – Banking group Barclays Plc’s Zimbabwe unit says it may lay off some of its workers if the move improves operational…

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ZSE opens week in the red

HARARE – Zimbabwe Stock Exchange (ZSE)’s benchmark industrial index opened the week softer, shedding 0,16 percent to close at 192,21 points. The…

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Zembe sacked at CBZ

HARARE – Luxon Zembe has been ousted as CBZ Holdings Limited (CBZ) chairman in a development possibly related to the fallout of…

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