ZSE closes at all-time high after rally
The Zimbabwe Stock Exchange remained bullish last week and is now trading at all-time highs both in local dollar terms and in US dollar terms. At the close of trading … Read More
Author: Bullszimbabwe
ZimTrade: Dubai outward seller mission begins today
Several Zimbabwean companies will be participating at the inaugural outward seller mission in Dubai that begins today. The event, which has been organised by the country’s trade development and promotion … Read More
Padenga expecting gold boost
Padenga Holdings is expecting gold production at its Dallaglio mines to increase by 45 percent over what was achieved in the 2020 financial year. Padenga diversified into gold mining last … Read More
Govt demands risk-based auditing of councils
GOVERNMENT has called upon internal auditors to play their part in enhancing service delivery and weeding out corruption within local authorities through embracing professionalism and conducting risk-based auditing. This comes … Read More
RBZ staff take part in Comesa training to prevent bank failures
THE Reserve Bank of Zimbabwe is among the 10 Central Banks within the Common Market for Eastern and Southern Africa (Comesa) whose employees have been trained to prevent bank failures. … Read More
Listed companies bounce back
BIG manufacturers bounced back during the first quarter of 2021, with improving disposable incomes and an inflationary slowdown underpinning a faster recovery than previously projected. Last week’s updates provided a … Read More
Foreign loans excite National Foods
MILLING firm, National Foods Limited (Natfoods) says a recent decision by the banking system to offer loans in foreign currency will boost its operations. Banks had restricted lending to Zimbabwe … Read More
Imported software blamed for high banking charges
Finance and Economic Development Deputy Minister Clemence Chiduwa has said the cost of imported software was a major driver of high bank charges being levied by financial institutions to depositors. … Read More
Barcelos invests US$225k to set up more outlets in Zim
RESTAURANT operator, Barcelos, has invested more than US$200 000 in an expansion drive aimed at opening up three more branches in Zimbabwe. The South African-owned entity says its investments are … Read More
NMB digital drive intensifies
NMB bank has intensified its digitalisation drive in response to the negative impact of Covid-19. The financial services institution said business activity was negatively affected by the second phase of … Read More
