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1-10 results from 1000 for query «bank»

October 18, 2018 2:00 PM Afreximbank loans Zimbabwe $500 million as dollar crisis worsens

The African Export Import Bank (Afreximbank) says it is finalising a $500 million loan facility for Zimbabwe, to help secure the foreign-currency starved southern African country’s imports. Zimbabwe is experiencing a shortage of foreign currency, blamed mainly on a huge trade deficit caused by the collapse of its key agriculture and manufacturing sectors 4

October 17, 2018 5:18 AM Afreximbank confirms $500m facility talks

The African Export-Import Bank (Afreximbank) has confirmed holding talks with a Zimbabwean delegation led by Finance and Economic Development Minister Professor Mthuli Ncube in connection with a $500-million nostro stabilisation facility. Zimbabwe, which is going through a damaging foreign currency crisis, is looking for stabilisation facilities while 14

October 16, 2018 3:50 PM SA opposition backs leader implicated in corruption

The leader of South Africa’s opposition Economic Freedom Fighters (EFF) has backed his deputy Floyd Shivambu, who has been implicated in a banking corruption scandal. Mr Malema told a packed news conference in Johannesburg that the EFF has “full confidence” in Mr Shivambu. “The deputy president [of the party] has taken the EFF in his confidence. We have no reason 13

October 13, 2018 7:21 AM Ex-Milton High students urged to give back

Former Milton High School students have been urged to give back to their former school so that it reclaims its former glory. “Milton High has produced some of the great minds and great people we have today. For example the president of the National Reserve Bank of Israel is an Old Miltonian. If they could all come together and help contribute towards 26

October 11, 2018 1:50 AM Mamamah airport: Sierra Leone cancels China-funded project

Sierra Leone has cancelled a $400m (£304m) Chinese-funded project to build a new airport outside the capital Freetown. Former President Ernest Bai Koroma signed the loan agreement with China before he lost elections in March. At the time, the World Bank and the IMF warned that the project would impose a heavy debt burden. The decision comes amid concern 21

October 10, 2018 10:11 AM Woman ordered to reveal PIN code at gunpoint

Three men allegedly held a knife to a two-year-old baby’s throat while pointing a gun at her mother to force the woman to give them her PIN code to her bank card after robbing her in Victoria Falls. The trio got away with $50, a Samsung phone and the bank card which they used to buy cigarettes worth $370, police confirmed. The Chronicle spoke to a shell 12

October 8, 2018 2:43 PM Barclays name change comes into effect

Barclays Bank of Zimbabwe Limited shareholders have approved the change of the name of the company to First Capital Bank Limited effective today, on the Zimbabwe Stock Exchange. The decision was endorsed at an extraordinary general meeting held on July 3, 2018 at which meeting members unanimously resolved to approve the name change. Barclays’ company 20

October 8, 2018 2:33 PM Plumtree council sues land developers

Plumtree Town Council is suing three Bulawayo land developers for more than $150 000 for doing a shoddy job by failing to fully service residential stands at Dingumuzi and Gwakuba suburbs in the border town. The council filed separate summons at the Bulawayo High Court citing Gasavu Contractors and Engineering, Aggregate Properties and Hawkflight Construction 20

October 5, 2018 7:15 AM Judge faces sack over ‘bereavement’ bribe

A senior Nigerian judge falsely claimed he had suffered a bereavement to get cash from litigants and lawyers appearing in his court, the country’s main judicial body said on Thursday. James Agbadu-Fishim “received various sums of money from litigants and lawyers that had cases before him and some influential Nigerians under the false pretence that he was bereaved 18

October 1, 2018 2:22 PM Nowhere to hide for Mujuru robber

A suspected armed robber who has been on the run since January after reportedly hijacking the daughter of National People’s Party (NPP) leader Joice Mujuru appeared in court on Saturday. Tatenda Answerlin Tsvuura appeared before Harare magistrate Learnmore Mapiye, charged with car theft. He was remanded in custody to October 11 and advised to apply for bail at the High Court 6