[New Zimbabwe] Zimbabwe’s banking sector boosted profitability in the nine months to Sept.
[263Chat] Self-exiled and former Cabinet Minister, Professor Jonathan Moyo has thrown a jibe at Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mangudya over his claims that price hike of commodities which have this week doubled coupled with fuel and drug shortages are all caused by panic buying with the former saying the problem with the Southern African country’s economy is governance.
[The Herald] Government yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving challenges that triggered recent price increases and hoarding of products by consumers.Industry and Commerce Minister Dr Mike Bimha said last night that he held marathon meetings with representatives of the Confederation of Zimbabwe Industries (CZI), Zimbabwe National Chamber of Commerce (ZNCC), Oil Expressers Association of Zimbabwe and Confederation of Zimbabwe Retailers (CZR
[Bhekisisa] Deposits in these banks help SA’s tiniest preemies but are they just for babies?
[Zimbabwe Independent] Instead of bringing a sense of relief and stability, the announcement by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya in his mid-term monetary policy statement last week that he will soon inject an additional US$300 million in bond notes has only helped to fuel uncertainty. This shows that unless there is a major policy shift, the economy will remain in the doldrums, analysts say.
[New Zimbabwe] The minister of state for Manicaland province, Mandi Chimene, pleaded with locals and the business community to embrace bond notes, saying they would help burst the sanctions regime imposed on Zimbabwe by Western countries.
[Survival International] Most Bushmen are still forced to live in government resettlement camps, rather than on their land in the Central Kalahari Game Reserve
[News24Wire] Jingle Bells are sounding more like alarm bells for over-indebted South Africans as the SA Reserve Bank’s (Sarb) monetary policy committee (MPC) hiked interest rates by 25 basis points on Thursday.
[News24Wire] In the second interest rate hike for the year, the South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) hiked the repo rate to 6.25%, governor Lesetja Kganyago announced on Thursday.
[Survival International]A $4.9bn diamond mine will open on September 5 in the Central Kalahari Game Reserve, the ancestral land of Africa’s last hunting Bushmen, exactly ten years after the Botswana government claimed there were “no plans to mine anywhere inside the reserve.”