December 19, 2024
THE RESERVE Bank of Zimbabwe on Thursday announced that it had cancelled Allied Bank’s operating licence after determining that the financial institution was no longer in a safe a sound condition. “The cancellation followed a voluntary surrender of the licence by the banking institution,” the apex bank said.…
AN increasingly desperate government can be very unpredictable and reactionary in its decision-making. It will do whatever it takes to seem in control even when the economy says otherwise. With almost no foreign budgetary aid, Zimbabwe funds itself relying entirely on what it collects from taxes from companies…
TRANSPORT and Infrastructural Development Minister, Obert Mpofu (pictured), is under renewed pressure to reveal his source of wealth after firebrand ZANU-PF Hurungwe West Member of Parliament, Temba Mliswa, repeated calls at a public forum for the Umguza legislator to come clean on how he came to be one of Zimbabwe’s…