THE Parliamentary Portfolio Committee on Budget, Finance and Economic Development is conducting public hearings to determine the level of debt held by State-own.
The Reserve Bank of Zimbabwe (RBZ) says the country s manufacturing sector is on a massive expansion push after consuming roughly 70% of all foreign currency in.
RioZim successfully completed a debt restructuring exercise early this year in which Zimbabwe Asset Management Corporation (Private) Limited ‘ZAMCO’, a division of the RBZ became its new creditor under new and improved terms. Obligations that were hitherto short- term, overdue for payment and attracting interest payments of 21 percent per annum are now payable over
NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.