Zimplats capex falls 9.3pc in 2020
Platinum group metals (PGM) producer, Zimplats’ capital expenditure dropped 9.3 percent to US$104 million in the year to June 2020, compared to the same period last year, according to a … Read More
Author: Admin
Pensions, insurance sector pays out $1 billion claims
Zimbabwe’s pensions and insurance sector is showing resilience to the Covid-19 crisis, with players in the sector having paid out close to $1 billion in claims during the peak phase … Read More
Strive completes acquisition of Standard Bank’s Jo’burg data centre
ZIMBABWE telecoms businessman Strive Masiyiwa has completed a transaction which will see one of his companies owning Standard Bank’s Johannesburg data centre. Data centres are locations in which computing and … Read More
ZESA Announces Increased Load Shedding
Local power utility, ZESA has announced that it is now implementing Stage 2 of load shedding following tripping of three generator units at Hwange Power Station. Posting on Twitter, ZETDC, … Read More
The RTGS$ Is Currently 1:1 With The Rand Right Now – Mthuli Ncube :
The Finance Minister in an interview with the Sunday Mail said the Zimbabwean currency is competitive with other regional currencies right now as he answered questions about the economy. Mthuli … Read More
Massive Price Reductions At Colcom – Zim Price Check
Colcom has reportedly reduced prices of its commodities by unimaginable margins resulting in consumers stampeding to buy from Colcom’s outlets. Zim Price Check reports that the promotion seemed to have … Read More
Insurance sector risk-responsive — Survey
The country’s insurance sector has made a positive impression on the recently concluded Zimbabwe Integrated Capital and Risk Project (ZICARP) survey which shows that 95 percent of the industry is … Read More
RBZ invests sterilised funds in agriculture
ABOUT $1 billion of idle or reserve money that was reportedly used to speculate on currency trading has been invested in savings bonds and will no longer be available on … Read More
July revenue 20pc above target
Government’s total revenue collection for the month of July topped $1,478 billion, 20 percent better than the set target of $1,236 billion as Government’s revenue collection interventions continue to bear … Read More
New Zupco fleet set for commissioning
President Mnangagwa will next week commission another batch of 66 buses from China, as Government continues equipping the resuscitated Zimbabwe United Passenger Company (ZUPCO) and expanding its fleet so it … Read More
