Zimbabwe Banking News

Zimbabwe Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Zimbabwe Banking.

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Parties Clear Way for Central Banker's Exit 24 Nov 2009 21:54 GMT
... partial immunity from prosecution granted to the Central Bank Governor Gideon Gono through amendments to ... the shaky coalition from collapse. University of Zimbabwe political scientist Eldred Masunungure said the immunity ... with interest rates, currency management and regulating banks. ...
Zanu PF, MDC-T Clear the Way for Gono's Exit 24 Nov 2009 01:27 GMT
... partial immunity from prosecution granted to the Central Bank Governor Gideon Gono through amendments to ... the shaky coalition from collapse. University of Zimbabwe political scientist Eldred Masunungure said the immunity ... with interest rates, currency management and regulating banks. ...
Talks Resume Between Zanu PF and MDC Formations [column] 24 Nov 2009 01:27 GMT
... The country's three main political parties have finally begun discussing ... issues: the unilateral appointment by Mugabe, of central bank Governor Gideon Gono, Attorney General Johannes ... order to resolve the prolonged crisis in Zimbabwe, dialogue and full implementation of the GPA ...
Gono's nomination shot down 24 Nov 2009 22:49 GMT
... RESERVE Bank of Zimbabwe Governor Dr Gideon Gono cannot be co-opted ... advice that the governor of the country’s central bank ought to and shall remain apolitical ...
How Interfin Got Into Bed With CFX 24 Nov 2009 01:27 GMT
... CFX Financial Services (CFX FS) "begged" Interfin Holdings Limited to ... 30 minimum capital deadline set by the central bank, FBZ executives had been shuttling between ... requirements set by the Reserve Bank of Zimbabwe (RBZ). So far the bank has US$1.25 ...
Gono Gets Senior Zanu PF Position 24 Nov 2009 12:15 GMT
... ZANU PF Manicaland province has co-opted under-fire Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono into its structures ... Sources said Gono, whose removal from the central bank has been identified as an outstanding ...
Another giant property bubble waiting to burst 24 Nov 2009 10:26 GMT
... the real estate market as a whole. Banks are desperate to prop up property, but they're ... likely to be in breach of their banking covenants and could not rectify the financial ... if called upon to do so. Other bankers agree, and it seems the new slogan ...
TNFH Courts Tedco 24 Nov 2009 12:15 GMT
... JUST when the market thought mergers are problematic as ... new venture will be listed on the Zimbabwe Stock Exchange (ZSE) in the first quarter ... branch network to roll out its retail banking network. Tedco has 52 shops countrywide and ...
Ashcroft and Afghanistan feature in foreign affairs debate 24 Nov 2009 19:32 GMT
... donor was a subject of attention in the debate ... British Caribbean Bank, is now the largest banking institution within these islands, as stated by ... Winterton (Con, Macclesfield) raised "the matter of Zimbabwe". "Today, I got an e-mail from friends ...
Industrials in Weak Trading 24 Nov 2009 12:15 GMT
... — INDUSTRIALS continued trading weak on the Zimbabwe Stock Exchange, shedding off 0,96 percent to ... working capital requirements with short payback period. Banks are expected to orient their lending portfolios to ...
Exclusive: Natie Kirsh chats to Moneyweb 24 Nov 2009 23:53 GMT
... R1bn offer on the table, SA magnate comes home. ... Kirsh's deputy chairman is Ron Sandler, an ex-Zimbabwean, who is one of the most prominent ... backed entrepreneurial management teams. Just before the banking crisis hit, Jetro raised $800m in a ...
Leave Mbeki alone, says Malema 24 Nov 2009 01:30 GMT
... that, the same thing would happen to [Zimbabwean President Robert] Mugabe, and the same would ... call that was made by communist that Banks Housing Bond Loans are exploiting our people. What ...
Fight Crime This Festive Season [editorial] 24 Nov 2009 08:23 GMT
... go before we celebrate Christmas. This year Zimbabweans will be celebrating the 29th Christmas since ... main targets of these criminals are not banks or shops, but ordinary people who lose their ...
Mixed Reactions Greet Central Bank Reform Bill 20 Nov 2009 03:42 GMT
... New plans to reform the structure of the Reserve Bank, in ... sign, will see Gono's powers within the central bank restricted, but with conditions. The Reserve Bank of Zimbabwe Amendment Bill will see the governor no ...
Zim Parliament passes Bill to reform central bank 19 Nov 2009 08:22 GMT
... Zimbabwe's lower house of Parliament on Wednesday passed ... on Wednesday passed a Bill to reform central bank operations that will reduce the powers ...
Banks Lend U.S. $70 Million to Agriculture 19 Nov 2009 18:42 GMT
... Harare — Banks have disbursed US$70 million to agriculture in the last ... cropping season intensify. In an interview yesterday, Bankers Association of Zimbabwe president Dr John Mangudya ... market," said Dr Mangudya. Undercapitalisation of the central bank has left it unable to perform ...
Zimbabwe farmers a boon for Nigerian agriculture 20 Nov 2009 00:32 GMT
... Zimbabwe farmers a boon for Nigerian agriculture Nigeria ... Shonga farms are jointly financed by Nigerian banks, which have a 45 percent stake in the ... "Our banks are not used to agriculture banking ... They want to give you money ...
FEATURE - Zimbabwe farmers a boon for Nigerian agriculture 20 Nov 2009 01:12 GMT
... FEATURE - Zimbabwe farmers a boon for Nigerian agriculture SHONGA, ... Shonga farms are jointly financed by Nigerian banks, which have a 45 percent stake in the ... "Our banks are not used to agriculture banking ... They want to give you money ...
Zimbabwe signs investment deal with Chinese company 19 Nov 2009 11:56 GMT
... Nov 19, 2009 (BBC Monitoring via COMTEX) -- A ... signed an US$8 billion investment package with Zimbabwe in various sectors of the country's economy, ... significant amount of money already in the banking sector. The investment is the biggest foreign ...
The fight for a consumer's buck 19 Nov 2009 21:31 GMT
... the white goods and furniture. The big-four banks are an oligopoly but they do compete vigorously. If you ... cuss the banks but I doubt if banking costs amount to 5% of anyone's budget. ... the economy. The Keynesian idea of the central bank as a lender of last resort ...
Fresh clues about Deep Green 22 Nov 2009 08:46 GMT
... investigated the circumstances under which the country’s Central Bank inexplicably paid close to $10million to ... however, Nedbank Africa Ltd-a branch of the banking group that focuses on expanding banking services ... 1, 2004, a public holiday when the banks were closed, the company opened its Current Account No.011103024840 ...
Crunch time for Zim talks 20 Nov 2009 05:12 GMT
... Zimbabwe's feuding parties will meet over the weekend ... the appointment of allies Gideon Gono as central bank governor and Johannes Tomana as attorney ...
Williams Latest Addition to European Senior Tour 23 Nov 2009 15:55 GMT
... ZIMBABWE'S representatives in the cash-rich European Senior Tour ... trip to Mauritius for the inaugural Mauritius Commercial Bank Open from December 11-13. That will ...
Harare coalition parties begin talks 23 Nov 2009 22:56 GMT
... HARARE -Zimbabwe's three governing political parties on Monday began ... of his top allies to head Zimbabwe's central bank and the attorney general's office. Mugabe ...
Tsvangirai leaves for talks with Gaddafi 19 Nov 2009 23:02 GMT
... HARARE - Zimbabwean Prime Minister Morgan Tsvangirai left Harare on ... of his top allies to head Zimbabwe's central bank and the attorney general's office. Mugabe ...

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
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Bank Bailout News

The Auto Channel Calls for Investigation of General Motors Bankruptcy and Bailout Scam [25 Nov 2009 - 00:31]
Bank Of England Reveals Secret Bailout Loans [24 Nov 2009 - 22:31]
Banking rescue was no time for niceties [24 Nov 2009 - 22:01]
Banking Sector Bailouts the Biggest Tax Payer Rip-off of All Time [24 Nov 2009 - 21:59]
US Treasury Rethinks Bailout As Banks Gain [24 Nov 2009 - 21:04]

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Bank Types News

Mo. banks post 3rd quarter loss, S&L groups post profits; foreclosures hurt commercial banks [24 Nov 2009 - 23:34]
Dubai Bank Named Best Islamic Bank' by Ethos [24 Nov 2009 - 20:35]
United SA completes seventh San Antonio credit union office [24 Nov 2009 - 19:31]
Conservatives plan to create 'green investment bank' [24 Nov 2009 - 18:04]
FDIC: Commercial Banks' Profit Rise [24 Nov 2009 - 18:04]

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Central Banks News

Are central banks done cutting gold reserves? [25 Nov 2009 - 01:54]
US central bank issues rosier outlook on economy [25 Nov 2009 - 01:37]
US central bank issues rosier outlook on economy (Extra) [24 Nov 2009 - 22:31]
EXTRA: US central bank issues rosier outlook on economy [24 Nov 2009 - 22:01]
Central bank outsourcing hits right note [24 Nov 2009 - 21:03]

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Currency News

Tesco demands refund after paying nearly £1m for six bikes [25 Nov 2009 - 01:56]
US dollar holds steady against euro after US economic data [25 Nov 2009 - 01:53]
Campaign Deplores Gov. Paterson's Penny Wise/Pound Foolish Decision to Cut Funding for New York Stat [25 Nov 2009 - 01:37]
Campaign Deplores Gov. Paterson's Penny Wise/Pound Foolish Decision to Cut Funding for New York State's Nationally Acclaimed Tobacco Preventio [25 Nov 2009 - 01:36]
US dollar holds steady against euro after US economic data [25 Nov 2009 - 01:35]

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IMF

IMF boosts lending scheme to 600 billion dollars [25 Nov 2009 - 01:55]
IMF boosts lending scheme to US$600b [25 Nov 2009 - 01:53]
Value of IMF gold bought by RBI jumps Rs 3,270 crore in 20 days [25 Nov 2009 - 01:37]
IMF boosts lending scheme to 600 billion dollars [25 Nov 2009 - 01:36]
IMF boosts lending scheme to 600 billion dollars [25 Nov 2009 - 01:12]

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World Bank News

World Bank to start agriculture fund with $1.5 billion [25 Nov 2009 - 01:54]
World Bank to start agriculture fund with $1.5 billion [24 Nov 2009 - 23:16]
Poor road safety conditions threaten economic and social well-being of Europe and Central Asia countries; New World Bank Report Will Help Bring Into Action Agreements Reached at the First Global Conference on Road Safety [24 Nov 2009 - 19:31]
DC agrees to $13M settlement with protesters arrested at 2000 World Bank, IMF meetings [24 Nov 2009 - 14:45]
Poor Road Safety Threaten Economic and Social Well-Being of Europe and Central Asia Countries - World Bank [24 Nov 2009 - 13:40]

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Banking Organizations News

Dan Goldie Financial Services Supports Extending IRA Charitable Rollover Provision [25 Nov 2009 - 01:52]
Wainwright Bank & Trust repays US Treasury's TARP funds [25 Nov 2009 - 01:36]
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BRIEF-Wainwright Bank and Trust repays Treasury's $22 mln preferred stock investment under CPP [25 Nov 2009 - 00:29]
Strong banks, weak credit forces Treasury to rethink TARP [25 Nov 2009 - 00:26]

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Banking Regulation News

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Dodgy PayPal Money Laundering Set To Be Tracked [23 Nov 2009 - 23:14]
PayPal found in breach of Australian anti-money laundering rules [23 Nov 2009 - 17:27]

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Banking Products News

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