Search results for 'Interest Rate Hike'
Zimbabwe
RBZ Raises Policy Rate, Reserve Requirements: Implications for Banks, Businesses, Consumers
The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve
Sep 30, 2024
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BOARDROOM BETRAYAL: Moxon Accuses Meikles Directors of 'Deceitful' Power Play, Calls EGM to Remove Them
Meikles Limited's largest shareholder, John Moxon, has convened an Extraordinary General Meeting (EGM) to effect a strategic restructuring of the company's Board of Directors. The EGM is slated for De
15 hours agoGovernment Amends Sovereign Wealth Fund Act: Will It Revive Struggling State-Owned Enterprises?
The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ
20 hours agoSimbisa Brands Energy Costs More Than Double in Q1, But New Store Openings Cushion the Blow
Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up
1 day ago