Zimcodd red flags wage erosion
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has called on the government to urgently address wage erosion to restore confidence and enhance efficiency in the labour sector. Zimcodd’s call … Read More
Author: Admin
Govt moves to plug mineral smuggling
GOVERNMENT has set up an inter-ministerial team to oversee the improvement of security systems at ports of entry to curb mineral smuggling, Mines and Mining Development deputy minister Polite Kambamura … Read More
The Outside View: What is the inflation outlook? – Part 1
By The Woodpecker Both the fiscal and monetary authorities have repeatedly given assurances that the economic band-aid is firmly intact and effective, as evidenced by the twin surpluses – budget … Read More
Outside View with The Woodpecker
Special Drawing Rights: An Outside View By The Woodpecker Governors of the International Monetary Fund “IMF”, on 2 August 2021, approved an allocation of USD650 billion worth of Special Drawing … Read More
FMHL GPW up 494% y/y to May 31, 2021
Harare-ZSE listed Insurance and Property Management Group, First Mutual Holdings Limited (FMHL) saw its Gross Premium Written (GPW) rising 494% to ZWL$3.92bn by May 2021 vs ZWL$0.66bn in prior year. … Read More
First Mutual Properties Revenues up 352% y/y
Harare-ZSE-listed Properties Investment concern, First Mutual Properties Limited (FMP)’s total revenue for the 5 months to 31 May 2021 rose 352% over the comparable period in 2020. This compares favourably … Read More
April 2021 inflation rates decline
Harare-The month on month inflation rate in April 2021 was 1.58% shedding 0.67 percentage points on the March 2021 rate of 2.25% The year on year inflation rate for the … Read More
Lafarge completes crucial test runs. . …. US$2,2m plant bolsters expansion drive
ZIMBABWE Stock Exchange-listed cement maker Lafarge Cement yesterday said it had completed crucial test runs on a multi-million-dollar dry mortars plant, as work towards assembling another key plant began. A … Read More
Good agric season could boost bank’s lending
Good rains that the country has received this year will likely result in banks increasing their lending levels which have been below international benchmarks for the last couple of years. … Read More
ZESA plan to pay coal miners in forex reversed
Government has set aside an agreement requiring ZESA Holdings to pay half of coal supplies in foreign currency, Energy and Power Development Minister Zhemu Soda said. In April last year, … Read More
