AN EMERGING trend within the diaspora community in the UK points towards a gradual increase in the number of people who have, or are considering returning to Zimbabwe or emigrating to other countries as a result of the global economic … Read more
Personal Finance
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RBM collapse: a failure of regulation
THE recent problems at ReNaissance have no doubt reignited sad memories of the 2003 financial sector crisis in which 13 indigenous banks collapsed. Between December 2003 and June 2004, five banks were placed under curatorship, two were liquidated and four … Read more
‘Loan sharks’ feast on culture of profligacy
I HAVE followed with some interest recent developments in Zimbabwe’s financial sector, in particular the severe challenges faced by Renaissance Bank. There are two observations to be made. First, the collapse of Renaissance has been presented as a failure of … Read more
Between a pizza and a hard place
Why every emigrant should prioritise their financial planning A FEW days ago, a patently healthy colleague with no history of any medical problems collapsed at a Birmingham City gym and was rushed to a local hospital. Despite the doctors finding … Read more
