Padenga eyes strong earnings on gold surge
MINER and crocodile farming group Padenga Holdings Limited expects a “robust financial performance” from its mining subsidiary, Dallaglio Investments (Private)…
Category: Headlines
ZHL revenue jumps 28% as regional push pays off
ZIMRE Holdings Limited (ZHL) recorded a 28% increase in insurance contract revenue to US$20,25 million in the first quarter ended…
Why FMP is delisting from ZSE
First Mutual Properties Limited (FMP) has revealed that tax considerations influenced its decision to delist from the Zimbabwe Stock Exchange…
First Mutual Gold ETF a strategic milestone for capital markets: Govt
THE listing of the First Mutual Wealth Gold Exchange Traded Fund on the Victoria Falls Stock Exchange is a strategic…
Old Mutual Zim to clear US$84,3m legacy debt
Old Mutual Zimbabwe Limited has proposed a balance sheet restructuring to clear a US$84,3 million foreign-currency legacy debt linked to…
US$40Mill cheetos plant opens in Zimbabwe
A US$40 million Cheetos manufacturing plant and juice and dairy blend facility has opened in Zimbabwe, with authorities saying this…
Zimbabwe to cut mobile money charges in financial sector reforms
Zimbabwe plans to reduce mobile money transfer charges as part of wider financial sector reforms aimed at lowering transaction costs…
Industry calls for structured taxation audits
Business has called for a more structured and risk-based approach to tax audits, arguing that prolonged and overlapping reviews are…
Stock market slips, but not everyone’s crying
THE Zimbabwe Stock Exchange (ZSE) had a rough April in ZiG terms, with market capitalisation sliding by 23,57% to ZiG81,38…
Medical aid shake-up triggers alarm
PROPOSED plans to bar medical aid societies from owning hospitals and clinics can unleash a healthcare affordability crisis in the…