Business

Gweru City Council plans to expand the city centre from 10th street at the open space behind the Gweru Government Complex up to Fairmile Motel along Bulawayo-Gweru Road.

The Bankers Association of Zimbabwe (BAZ) has elected FBC Bank managing director, Mr Webster Rusere, as its president taking over from Dr Charity Jinya. He would lead the organisation for two years and will be deputised by NMB Bank chief executive, Mr Benefit Washaya.

Foreign technical partner of Intratrek Zimbabwe in the 100MW Gwanda solar project, CHiNT Electric, has been barred from accessing funds for three years by the African Development Bank Group (AfDB).

The High Court has ordered Labour and Social Welfare minister Petronella Kagonye to pay over $400 000, including interest, borrowed from a local bank over five years ago.

ZIMSWITCH Technologies, a company that provides interoperability for local financial payment systems, has introduced “Zeepay”, a new electronic payment product that enables users to send money to multiple recipients.