RBZ buckles, reverses loan ban

RBZ buckles, reverses loan ban

Tinevimbo Chibagidi The Reserve Bank of Zimbabwe (RBZ) on Tuesday—17 May—made a U-turn and reversed a recent decree by President Emmerson Mnangagwa to suspend lending by banks. The central bank governor, John Mangudya, issued a brief statement in which he indicated...
Cartels poised to scoop up Zim gold

Cartels poised to scoop up Zim gold

Business kingpin Kudakwashe Tagwirei, under United States sanctions since August, aims to expand his commanding stake in Zimbabwe’s gold industry – and could end up taking control of the country’s sole gold refinery and marketer, Africa...