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Corrupt ZIBAWU targets Stanbic Bank

The once professional Zimbabwe Bank & Allied Workers Union had sunk deep into corruption, neglect of bankers’ legitimate plight and has the past three years incessantly targeting Stanbic Bank a member of Africa’s most successful chain banking network. While other banks such as Strive Masiyiwa’s Steward Bank are keeping over 60% of its staff on rolling annual and monthly contracts, ...

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Work related deaths, injuries worrisome

The Minister of Labour and Social Welfare, Petronella Kagonye has expressed her concerns on the numbers of work related injuries and deaths which remain very high. The honorable minister said this at the Engineers’ Safety and Healthy workshop which started today at the Rainbow Towers today and expected to end on the 13th of April in Harare. She encouraged the ...

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Government to create 400 000 jobs

The minister of Labour and Social Welfare, honourable Petronella Kagonye said her ministry is working towards creating 400 00 jobs. Honorable Kagonye said this at the employment creation dialogue which was held yesterday in Harare. She also said that the creation of these jobs is a thing that the ministry will see unto completion within a period of two years. ...

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Innovative Stanbic Bank Zimbabwe profits jump 30%

Stanbic Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017 headlined by a profit after tax of US$27.6 million, up 30% from the prior year’s US$21.2 million. The bank’s Chairman, Gregory Sebborn, attributed the performance to the returns on the various interest earning instruments that the ...

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Hundreds of Italian companies interested in investing in Zimbabwe

The Zimbabwe Investment Conference was held today at the Rainbow towers Harare, during the conference, the Italian Ambassador to Zimbabwe honorable E. Agostini mentioned that there are 200 Italian companies that are interested in investing in the country. The ambassador mentioned that the famous statement that Zimbabwe is open for business must not only be in words but a lot ...

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Germany investors in Zimbabwe

Germany business mission to Zimbabwe with stop-over in Johannesburg workshop started yesterday Harare. In any interview with ZimOnline news the Ambassador of Germany Dr Thorsten Hutter said that “the different businessmen from Germany have come to see in what ways there can invest to improve the economy of Zimbabwe.” “The businessmen will meet with the government officials and some businessmen ...

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PRESIDENT EMMERSON D. MNANGAGWA LIVE AT DAVOS WEF

Zimbabwe’s new President, His Excellency Cde Emmerson Dambudzo Mnangagwa gives a presentation live at Davos World Economic Forum. Watch Below……..

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Bond Notes: Complete collapse in confidence!

In an attempt to solve the cash crisis  in Zimbabwe a group of Zim-students at University of Pretoria held a discussion with Dr John Mangudya, the governor of the Reserve Bank of Zimbabwe. Interestingly, Zimbabweans are diplomatically keen and determined in seeing Zimbabwe pass through this economic phase and the government need to acknowledge  the flaws in its  policies and ...

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Zim-Cash crisis: People spend nights in the cold

Zimbabwe’s never ending financial problem appears to have worsened again as banks further restrict availability of money every day forcing  poor innocent citizens to sleep outside banks waiting to withdraw their hard earned money. The failure of so many banks combined with a general loss of confidence in the economy has led to a thriving black market where cash in ...

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Former VP Mujuru leads delegation to Un Women Forum

Forum organized by African Union Commission and UN Women, with the support of Germany, outlines road-map for women in governance, peace and security UN Women, the African Union Commission, and the Permanent Mission of Germany on Friday 02 June 2017 launched the African Women Leaders Network, a ground-breaking initiative that seeks to enhance the leadership of women in the transformation of ...

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