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Agricultural Development Bank Of Zimbabwe
Agricultural Development Bank of Zimbabwe (ADBZ), also referred to as Agricultural Bank of Zimbabwe, but is commonly known as Agribank, is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe, the national banking regulator. Agribank is middle-tier financial services provider that provides commercial, retail, corporate, and international banking services in Zimbabwe. It offers agricultural loans, in addition to other retail, advisory, treasury and investment services, including foreign currency and money transfer services. As of December 2011, the valuation of the bank's total assets was reported to be US$102.8 million, with shareholders' equity of US$15.1 million. History Agricultural Development Bank of Zimbabwe was established as a commercial bank in 1999, according to the website of the Reserve Bank of Zimbabwe. Before that it was known as Agricultural Finance Corporation, which was formerly known as Land and Agricultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parastatal Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of Zimbabwe
The Reserve Bank of Zimbabwe is the central bank of Zimbabwe and is headquartered in the capital city Harare. History The bank traces its history to the Reserve Bank of Rhodesia, founded on 22 May 1964, but which succeeded the Bank of Rhodesia and Nyasaland (1956-1963) which had been liquidated at the collapse of the Federation of Rhodesia and Nyasaland in 1963. Prior to 1956, there was a Central African Currency Board from 1953, but which had been established as the Southern Rhodesia Currency Board in 1938 to provide Rhodesian currency, fully backed and bound to the British pound sterling at par face value. The local currency which Central African Currency Board was mandated to supply to Southern Rhodesia (colonial Zimbabwe), Northern Rhodesia (colonial Zambia) and Nyasaland (colonial Malawi) had been established through the Southern Rhodesia Coinage and Currency Act of 1932. The Reserve Bank of Rhodesia (which became the Reserve Bank of Zimbabwe at independence in 1980) has con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Zimbabwe
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1999 Establishments In Zimbabwe
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootings in the United States; the Year 2000 problem ("Y2K"), perceived as a major concern in the lead-up to the year 2000; the Millennium Dome opens in London; online music downloading platform Napster is launched, soon a source of online piracy; NASA loses both the Mars Climate Orbiter and the Mars Polar Lander; a destroyed T-55 tank near Prizren during the Kosovo War., 300x300px, thumb rect 0 0 200 200 Death and state funeral of King Hussein rect 200 0 400 200 1999 İzmit earthquake rect 400 0 600 200 Columbine High School massacre rect 0 200 300 400 Kosovo War rect 300 200 600 400 Year 2000 problem rect 0 400 200 600 Mars Climate Orbiter rect 200 400 400 600 Napster rect 400 400 600 600 Millennium Dome 1999 was designated as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Harare
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1999
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Zimbabwe
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Zimbabwe
The economy of Zimbabwe mainly relies on the tertiary sector of the economy, also known as the service sector of the economy, which makes up to 60% of total GDP as of 2017. Zimbabwe has the second biggest Informal economy in the world as a percentage of its economy, with a score of 60.6%.https://www.herald.co.zw/zim-has-worlds-second-largest-informal-economy-imf/ /ref> Agriculture and mining largely contribute to exports. After continuous negative growth between 1999 and 2008, the economy of Zimbabwe grew at a meteoric annual rate of 34% from 2008 to 2013, rendering it the fastest-growing economy in the world. Its economy then stagnated again through 2020, before seeing another extremely sharp increase (45%) in the most recent year. The country has reserves of metallurgical-grade Chromite. Other commercial mineral deposits include Coal, asbestos, copper, nickel, gold, platinum and Iron ore. Current economic conditions In 2000, Zimbabwe planned a land redistribution act to co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Zimbabwe
This is a list of "Operating Banking Institutions" in Zimbabwe. # Agricultural Development Bank of Zimbabwe # BancABC Zimbabwe # CABS # CBZ Bank Limited # First Capital Bank Limited # Ecobank Zimbabwe Limited # FBC Bank Limited # Nedbank Zimbabwe Limited # Metbank # NMB Bank Limited # Stanbic Bank Zimbabwe Limited # Standard Chartered Bank Zimbabwe Limited # Steward Bank # ZB Bank Limited # Tetrad Investment Bank Limited # FBC Building Society # National Building Society # ZB Building Society # People's Own Savings Bank # Infrastructure Development Bank of Zimbabwe # Small and Medium Enterprises Development Corporation. # Time Bank See also *Economy of Zimbabwe *List of banks in Africa *Reserve Bank of Zimbabwe References External linksZimbabwe Banking Banking Sector Profits Double {{Economy of Zimbabw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Agriculture
An agriculture ministry (also called an) agriculture department, agriculture board, agriculture council, or agriculture agency, or ministry of rural development) is a ministry charged with agriculture. The ministry is often headed by a minister for agriculture. Specific duties may relate to regulation, promotion, agricultural research, price supports and agricultural subsidies, plant diseases, invasive species and the management of biosecurity. Some countries have multiple agriculture ministries, devoting entire ministries to more specific policy areas such as forestry and fisheries; rural affairs; food and food quality, security, and safety; consumer protection; and matters relating to the environment. Agriculture ministries by country Former countries See also * GLOBALG.A.P * Food administration * Food and Agriculture Organization * List of environmental ministries * List of forestry ministries References External links Mexican Secretariat of Agriculture website ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Zimbabwe)
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The Ministry of Finance is a government ministry, responsible for the economy of Zimbabwe. The incumbent Finance Minister is Mthuli Ncube, who succeeded Patrick Chinamasa, while the Deputy Minister is Terence Mukupe. The Ministry of Finance oversees the Reserve Bank of Zimbabwe and the Zimbabwe National Revenue Authority. See also *List of Finance Ministers of Zimbabwe *Ministry of Finance (Rhodesia) References Government of Zimbabwe Economy of Zimbabwe Zimbabwe Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Zimbabwe
The politics of Zimbabwe takes place in a framework of a full presidential republic, whereby the President is the head of state and government as organized by the 2013 Constitution. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. The status of Zimbabwean politics has been thrown into question by a 2017 coup. Political developments since the Lancaster House Agreement The Zimbabwean Constitution, initially from the Lancaster House Agreement a few months before the 1980 elections, chaired by Lord Carrington, institutionalises majority rule and protection of minority rights. Since independence, the Constitution has been amended by the government to provide for: *The abolition of seats reserved for whites in the country's parliament in 1987; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
