Banking

Barclays employees to get 15% share

October 13, 2017 Staff Reporter 0

THE Zimbabwe Stock Exchange (ZSE) has approved the transfer of 15% shareholding in Barclays Bank Zimbabwe to an employee share ownership scheme as the take-over of one of the country’s iconic banking institutions concludes. By […]

Banking

Ecocash suspends International payments

October 11, 2017 Staff Reporter 0

HARARE,– Econet Wireless Zimbabwe’s mobile money platform, EcoCash on Wednesday suspended the use of its debit card to pay for international transactions, as the country’s foreign currency shortage intensifies. Local financial institutions have been finding […]

Banking

New forex rules leave traders in a lurch

October 8, 2017 Staff Reporter 0

TRADERS who rely on foreign currency are now in a lurch following government’s criminalisation of the selling of cash on the parallel market. BY FIDELITY MHLANGA The government recently outlawed selling of foreign currency in […]

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