ExecutiveChat: ‘Have been in banking all my life’

So what were your major highlights during your tenure as CEO of FBC?
By Faith Zaba Apr. 12, 2024
GMB owes wheat farmers US$35m
GMB owes wheat farmers US$35m
GMB chief executive officer Edson Badarai told the Zimbabwe Independent that the parastatal was working on modalities to pay the farmers.
By Gamuchirai Nyamuziwa Apr. 12, 2024
Authorities rally behind ZiG
Persistence Gwanyanya, a member of the RBZ Monetary Policy Committee, told this publication that the government was focused on restoring confidence in ZiG.
By Blessed Ndlovu and Belinda Chiroodza Apr. 12, 2024
EU wants dialogue on investment climate
The proposal was made by EU ambassador to Zimbabwe Jobst von Kirchmann during a mission’s Private Sector Dialogue Seminar held in Harare this week.
By Sydney Kawadza Apr. 12, 2024
RTG rekindles African ambition
The Swiss giant presides over a string of exclusive hospitality assets worldwide, leveraging on its  €200 million asset base.
By Shame Makoshori Apr. 12, 2024
China writes off Zim debt deals
Zimbabwe currently owes a combined US$17,5 billion to foreign and local creditors.
By Tinashe Kairiza Apr. 12, 2024
‘I’ll crush the black market’ … RBZ boss vows to smash US$2,5bn menace, bring stability
Zimbabwe’s black market has so much power and influence to determine the exchange rate, which formal businesses have been whipped into accepting.
By Shame Makoshori Apr. 12, 2024
Zim gets a new currency today!
The currency launch will mark Mushayavanhu’s first move to tackle one of the country’s longest running crises.
By Shame Makoshori and Freeman Makopa Apr. 5, 2024
US$50m fund to tackle climate crisis
UNDP programmes officer James Mafusire told the Zimbabwe Independent that families would also receive grain cereals.
By Gamuchirai Nyamuziwa Apr. 5, 2024
MPs push for action against delinquency in banking sector
When the Reserve Bank of Zimbabwe demanded action, it sparked off an exodus of bankers, who fled the country.
By Freeman Makopa and Shame Makoshori Apr. 5, 2024
‘Zim army under-funded’
New data from IISS showed Zimbabwe’s limited involvement towards regional peace efforts were caused by underfunding and the military’s concentration on “political issues.”
By Tinashe Kairiza Apr. 5, 2024
US investors flock to Zim despite diplomatic row
Although Zimbabwe has been under US sanctions since 2000, officials said the southern African country approved US$175 million worth of FDI proposals last year.
By Blessed Ndlovu and Tinashe Kairiza Apr. 5, 2024
Zent eyes solar energy market
Godfrey Mugaviri, managing director of Zent, told the Zimbabwe Independent that the plant will guarantee that all Zimbabweans have access to power and help to improve security of supply.
By Freeman Makopa Apr. 5, 2024
‘Hyped unit being set up to fail’
The Zimbabwe dollar depreciated to US$1:ZW$40 000 on the black market this week, from US$1:ZW$14 000 in January.
By Freeman Makopa Apr. 5, 2024
Early job cuts hold ZCTU spellbound
Zimbabwe’s economy is haemorrhaging under an inflation rate and currency fragilities that have seen companies announcing job cuts.
By Julia Ndlela Apr. 5, 2024
Sobering complications of a currency in peril
Companies say they did not collect the levy when it came into force at US$0,002 cents in January because consultations over its implications were ongoing.
By Shame Makoshori Mar. 28, 2024
Health experts call for swift TB action
Zimbabwe joined the rest of the globe to mark World TB Day on Sunday.
By Gamuchirai Nyamuziwa Mar. 28, 2024
Director pushes for better opportunities for pensioners
Nssa acting general manager Charles Shava underscored the importance of addressing the challenges faced by pensioners.
By Gamuchirai Nyamuziwa Mar. 28, 2024
Subscribers desert Telecel
The report said combined mobile telecoms sector revenues hit ZW$1,1 trillion during the review period, rising 35% from ZW$851 billion during the third quarter.
By Shame Makoshori Mar. 28, 2024
Nssa moves to remove ghost beneficiaries
Issuance of life certificates is an international best practice that safeguards pension funds from paying out to beneficiaries who no longer exist. It is conducted annually. 
By Freeman Makopa Mar. 28, 2024
Shock retrenchment at Khayah
Under the deal, local shareholders took over the business, which was previously controlled by Lafarge Holcim, headquartered in France.
By Freeman Makopa Mar. 28, 2024
Hundreds of migrants deported
Major projects undertaken or funded by Chinese banks include the US$154 million Robert Gabriel Mugabe (RGM) International Airport expansion.
By Julia Ndlela Mar. 28, 2024
Uproar as security chiefs flood complaints watchdog
Zicc commissioners’ public interviews will be conducted on April 4, according to a list of 35 candidates released by parliament this week.
By Tinashe Kairiza Mar. 28, 2024
Nedbank Zim records a 203% profit increase
The rise was underpinned by loans to the private sector, which supported an overall growth of 182% to the bank’s net funded income.
By Tatira Zwinoira Mar. 28, 2024
Business decries tax regime
Basically, we are taking time to do some introspection as businesses on the operating macro-environment.
By Melody Chikono Mar. 22, 2024
‘Shifting market conditions constraining PGMs output’
Russia is a major producer of platinum group metals (PGMs). The unfolding crisis has resulted in production and supply chain disruptions impacting negatively on the global supply of PGMs.
By Tinashe Kairiza Mar. 22, 2024
Zimbabweans turn to medicinal herbs
Itai Rusike, a public health specialist, told the Independent that it was increasingly difficult for patients to access drugs in public health institutions.
By Vincent Mungofa Mar. 22, 2024
US$130m Chinese lithium operator battles racism storm
Senior politicians in Buhera, where Sabi Star is based, have also been briefed about the matter, according to sources.
By Freeman Makopa Mar. 22, 2024