Seed Co Group appoints Chatiza group CFO
SEED firm, Seed Co Group (Seed Co) has appointed Tineyi Chatiza group chief financial officer effective December 1, 2024. This comes as the company seeks to navigate recent challenges while … Read More
Category: Companies
AfDB pushes for continent to accelerate access to affordable energy
RABAT, MOROCCO – THE African Development Bank (AfDB) has identified the urgent need for governments to accelerate access to affordable, reliable and modern energy, particularly through investments to deliver on … Read More
Duty on non-fortified imported sugar brands sweet deal for Hippo Valley
SUGARCANE miller, Hippo Valley Estates Limited (Hippo) has recorded revenue growth of 24% after the government reinstated import duty on non-fortified imported sugar brands, it has been revealed. In a … Read More
Bitcoin breaches US$100K mark buoyed by Trump re-election
THE world’s largest cryptocurrency by market capitalisation, Bitcoin, has breached the US$100 000 mark for the first time since its emergence in 2008, buoyed by former US President Donald Trump … Read More
Zim’s service sector shows improvement, but still lags
The state of service quality in Zimbabwe has shown improvement but remains below international standards, according to the 2024 State of the Service Economy Survey (SOSES 2024). The main objective … Read More
Informal sector weighing on wealth managers
GROWING informalisation of Zimbabwe’s economy, limited geographical presence in potential unserved markets and inadequate investor education are weighing on thegrowth of Zimbabwe’s investment industry, market analysts have said. Presenting a … Read More
RBZ keeps bank, statutory reserve rates unchanged
The Reserve Bank of Zimbabwe (RBZ) has maintained its benchmark policy rate at 35 percent, continuing its tight monetary policy stance to anchor inflation expectations and stabilise the economy. But … Read More
‘Safeguard standards in implementation of mega projects’
AS Zimbabwe implements several mega projects especially in energy generation, an international equipment manufacturer has advised that Government should put in place standards that regulate the quality of equipment to … Read More
Bridging Africa’s US$402billion financing gap is possible — ATAF
THE African Tax Administration Forum (ATAF) says bridging the estimated US$402 billion development financing gap in the continent is possible through concerted efforts that enhance domestic resource mobilisation (DRM) capacities … Read More
Pension funds face penalties over pre-2009 loss compensation delays
PENSION funds risk incurring stiffer regulatory penalties over delays in finalising the compensation of pensioners for the pre-2009 savings losses, Treasury has warned. This comes amid concerns that the compensation … Read More
