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University of Zimbabwe Extends Fees Payment Deadline Read more

Financial

01 Apr, 2022

University of Zimbabwe Extends Fees Payment Deadline Read more

The University of Zimbabwe (UZ) has gazetted the new fees ordinance for the current semester. In a notice dated 31 March 2022, UZ Acting Registrar Munyaradzi Madambi advised students to check the updated fees accounts on their individual e-Mhare portals. It said: In view of the adjustments necessitated by the new fees ordinance, the fees payment deadline is now the 30th of April 2022. Those who are currently financially constrain

Switch of bank accounts to Zim dollars valid

Financial

19 Mar, 2021

Switch of bank accounts to Zim dollars valid

Supreme Court: Switch of bank accounts to Zim dollars valid. The High Court in May last year declared unconstitutional, a Reserve Bank of Zimbabwe (RBZ) exchange control directive converting sums in accounts originally designated in US dollars into Zimbabwe dollar-denominated accounts if the money in the accounts originated locally. Sums in accounts denominated in US dollars were legally converted to sums denominated in Zimbabwe dollars in terms of a Reserve Bank of Zimbabwe di

Financial

12 Mar, 2021

Bonus for NSSA pensioners

Govt: Bonus for NSSA pensioners. The discretionary bonus will be paid out together with the March disbursements that are due tomorrow. The National Social Security (NSSA) has this month awarded a discretionary bonus equivalent to 50 percent of one’s monthly pay-out to improve the welfare of beneficiaries as part of its transformation journey. This comes after NSSA chief executive Mr Arthur Manasa recently pledged to ease the plight of members by adopting measures to improve their welfar

Forensic Economic Analysts Predicts Zimbabwean Economic Meltdown Within 2 months (98.9%)

Financial

05 Feb, 2020

Forensic Economic Analysts Predicts Zimbabwean Economic Meltdown Within 2 months (98.9%)

Forensic Economic Analysts predict Zimbabwean Economic meltdown within 2 months (98.9%) Zimbabwe which has suffered seriously from corruption, mismanagement of funds, economic policy failure is about to go down in History again. The 2008 era recorded the highest hyperinflation of the century. In the coming 2 months economic experts predict the same fate for the pov

Strive Masiyiwa Lost US$1 Billion When Zimbabwe Government Banned USD Use

Financial

18 Jan, 2020

Strive Masiyiwa Lost US$1 Billion When Zimbabwe Government Banned USD Use

Government’s decision to scrap the use of US dollar in June has, according to Forbes, caused Masiyiwa’s fortune to shrink to US$1.1 billion, down from US$2.3 billion a year ago, making him the biggest loser in percentage terms among Africa’s 20 billionaires. By Forbes All it took was a new currency in Zimbabwe to wipe out half of Strive Masiyiwa’s net worth Zimbabwe’s only billionaire, Strive Masiyiwa, built a fortu

Importers To Sart Declare Forex Zimbabwe

Financial

25 Nov, 2019

Importers To Sart Declare Forex Zimbabwe

HARARE (Reuters) - Zimbabwe will force importers to declare sources of foreign currency and those who fail to prove they obtained the money from banks will forfeit their goods to the state, a government official said on Friday. Deputy finance minister Clemence Chiduwa said the directive was meant to tame the black market for dollars. Shortages of foreign currency, fuel a