Business

THE Ecobank Group has launched a programme for women-owned and women-focused businesses across its 33 markets, including Zimbabwe. The programme, which has been fittingly named Ellevate, has been designed to help women reach their full potential by empowering, growing and supporting them with customised financial and value-added solutions. In a statement, The Ecobank Group said…

By Pepertua Rojasi BANKERS Association of Zimbabwe president Ralph Watungwa has assured depositors that their funds are in safe hands due to the current sound standing in the financial services sector, the Daily News reports. This comes as depositors are still sceptical of the banking sector following a number of financial crises that have rocked…

  ORGANISERS of the Post-National Budget Business Breakfast Forum, which was headlined by Finance minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya last Monday, have described the event as an “unqualified success.” The Associated Newspapers of Zimbabwe (ANZ) – publishers of the Daily News and the Daily News on Sunday- hosted…

ZIMBABWE will record a trade surplus for the second year running, after recording a threefold-increase in its current account to US$939 million in the first nine months of the year, Finance and Economic Development minister, Mthuli Ncube has said. During the same period last year, the trade surplus stood at US$319,9 million. Ncube told legislators…

SIX people, who were arrested in a suspected foreign currency and money laundering scam involving $5 billion using a mobile money transfer platform, will have to stay in prison as their fate is yet to be decided. Simbarashe Charamba, Felix Tafadzwa Chikuse and their companies Family First Choice Supermarket and Bailey Charamba Investments are jointly…

CASSAVA Smartech Zimbabwe (Cassava) has extended its ‘My Ecocash Rewards’ promotion to the diaspora community as a way of bringing smiles to local customers during this festive season. The promotion, launched at the beginning of last month, rewards EcoCash customers who transact on the platform by awarding them points which are redeemable for actual monetary…

THE Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has been admitted to the International Federation of Accountants (IFAC) as an associate member ICSAZ becomes the second professional accountancy organisation in Zimbabwe to become a member after the Institute of Chartered Accountants of Zimbabwe. IFAC is the global organisation for the accountancy profession. It…

VIVO Energy Zimbabwe, which distributes and markets fuels, lubricants and liquefied petroleum gas, recently commissioned a world class fully automated high-tech fire system in Harare. The newly installed system can automatically detect fire and extinguish it without the need for human intervention. Vivo Energy Zimbabwe managing director Johan Grobbelaar said the commissioning of the system…