Decline in savings rate decimates economy: RBZ
Zimbabwe has experienced significant decline in its savings rate that plummeted from 26 percent of the country’s Gross Domestic Product (GDP) in 2019 to 17 percent in 2023, according to … Read More
Author: Admin
The growing threat of intellectual property breach
In the age of digital transformation, intellectual property (IP) has become one of the most valuable assets for businesses and individuals alike. From innovative technologies and creative works to proprietary … Read More
Power cuts, inflation squeeze OK Zim profits despite revenue rise
Retail company Ok Zimbabwe says operating costs for the year to March 31, 2024 at $3,44 trillion were 107 percent higher than $1,67 trillion in the prior year driven by … Read More
Business mogul takes Zim gold mines to Nasdaq
Hennessy Capital Investment Corporation (HCVI), a special purpose acquisition firm listed on the Nasdaq (Stock Exchange in USA), has struck a definitive business combination deal with Mzee Khumalo’s Metallon Corporation … Read More
Zim FDI jumps 49pc, tops sub-Saharan Africa growth
Zimbabwe recorded significant growth in foreign direct investment (FDI) in 2023 at a time most regions in Africa recorded declines, it has been learnt. According to the 2024 World Investment … Read More
Industrial development must be regional
Southern Africa is ripe for industrialisation to rapidly increase growth rates and, to be blunt, industrialisation is about the only way the region will achieve decent standards of living as … Read More
Investor Protection Fund surges 240pc to US$3,7m
The Securities and Exchange Commission of Zimbabwe (SecZim’s) Investor Protection Fund (IPF) surged by 240 percent to $82,34 billion (US$3,733 million) in the quarter to March 31, 2024 from $24,24 … Read More
Bulawayo success inspires ZB Financial Holdings’ second expo in Harare
BUILDING on the success of its recent inaugural Small to Medium Enterprises (SMEs) Expo and Workshop in Bulawayo, ZB Financial Holdings (ZBFH), is now gearing up for the upcoming edition … Read More
Vic Falls set to boom as China seals massive investment deals
MATABELELAND North, particularly the greater Victoria Falls community is poised for massive growth driven by bilateral relations with China. On Monday and Tuesday, the city hosted a delegation from Shandong … Read More
PPC Zim boosts group revenue earnings
PRETORIA Portland Cement (PPC) Zimbabwe operations experienced a robust recovery in the fiscal year ending on March 31, 2024, regaining lost market share due to demand from residential construction and … Read More
