Invest Wisely
The Forex Auction results for 15/09/20 are in and the Zimbabwe dollar has yet again seen an upturn. This week the weighted median average is ZWL$81.7076 which is a ZWL$0.9917 … Read More
First Mutual Holdings Limited has announced plans to raise $439,2 million (BWP61 million/US$5,3 million) by selling a 29,1 percent stake in its 100 percent owned subsidiary, First Mutual Reinsurance Holdings … Read More
Zimbabwe’s economy is headed for exciting times ahead following the recent announcement by Invictus Energy, the Australia listed resources firm that is exploring for oil and gas in the Muzarabani, … Read More
BAT Zimbabwe says its contribution to public finances — by way of taxes — jumped 769 percent from $19,9 million last year to $173 million in the six months period … Read More
Zimbabwe is ready to welcome back international tourists and expects those who come first following the re-opening of all tourism activities to be the country’s destination ambassadors. Tourism industry players … Read More
Tobacco deliveries have reached 181 million kg, as contract floors continue to receive deliveries despite the curtain coming down on the selling season for auction floors late last month. The … Read More
BANKS in Zimbabwe are generating up to 90 percent of their revenue through service charges as opposed to the global norm of riding on interest rates. Despite prevailing economic challenges, … Read More
FBC Holdings Limited executive directors, John Mushayavanhu (CEO), and his deputy Trynos Kufazvineyi are buying the company’s shares again. The two senior directors bought just above 500 000 shares each … Read More
The foreign currency auction market has held up so far. At its best, the Zimbabwe dollar has strengthened against the US$ on more than one occasion in the last two … Read More
It is an inconvenient truth, but most banks have been net beneficiaries of the uneven foreign exchange market. They found themselves in a position to arbitrage and leverage the forex … Read More
