CONSTRUCTION & PROPERTY

PPC to invest dividends in govt bonds

CEMENT producer PPC Zimbabwe has, in the last five years, spent over US$140 million in plant refurbishments and it aims to invest some of its dividends in government bonds to increase local procuremen...

By Staff reporter | Published: 03 May 2019
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POLITICS

Law to compel forex recipients to charge in bonds

Government is crafting a law that compels business people who receive foreign currency allocation from Treasury to charge their products in local currency, President Mnangagwa said yesterday. Further,...

By Staff reporter | Published: 04 December 2018
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BUSINESS NEWS

Zimbabwe lacks capacity to issue sovereign bonds

Zimbabwe lacks capacity to issue sovereign bonds for its Sovereign Wealth Fund at the moment, a regional think-tank has warned, following a government announcement on launch of the fund shortly impend...

By Staff reporter | Published: 26 April 2018
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BUSINESS NEWS

Zimbabwe plans to issue sovereign bonds

Zimbabwe is considering issuing between $2.5 and $3.5 billion in sovereign bonds after elections set for July and will use some of the money to clear arrears to foreign lenders, Deputy Finance Ministe...

By Reuters | Published: 24 April 2018
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BUSINESS NEWS

Mangudya hails bond notes

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says bond notes have been successful since they have helped companies to increase both production and exports.Dr Mangudya said this when he app...

By Staff reporter | Published: 14 March 2018
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BUSINESS NEWS

IDBZ to list $30 million more bonds

THE Infrastructure Development Bank of Zimbabwe (IDBZ) plans to increase bond listing on the Financial Securities Exchange (FINSEC) alternative trading platform by more than $27 million worth of housi...

By Staff reporter | Published: 07 December 2017
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FINANCIAL SERVICES

IDBZ initiates bonds listing

The infrastructure Development Bank of Zimbabwe has begun the process of listing its $65 million bonds on the Financial Securities Exchange three years after mulling the idea. The bonds, floated in 20...

By Staff reporter | Published: 28 November 2017
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FINANCIAL SERVICES

Govt to clear RBZ gold bonds

THE Government will clear gold bonds owed by the Reserve Bank of Zimbabwe to bullion producers as part of efforts to clean the central bank's balance sheet, Finance and Economic Development Permanent ...

By Conrad Mwanawashe | Published: 17 April 2014
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FINANCIAL SERVICES

NMB floats $50 million SME bond

ZSE listed financial institution, NMB Bank, managed to raise $4 million during the floatation of the first tranche of its two-year $50 million mortgage-backed Small to Medium Enterprises bond issue wh...

By Staff reporter | Published: 04 February 2014
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AFRICA

SA Rand set for more weakness

South African government bonds retreated further on Thursday while the rand drifted near the previous session's four-day lows against the dollar, with pressure on riskier assets likely to persist ahe...

By Reuters | Published: 08 July 2013
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Latest News

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  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
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