Invest Wisely
THE month-on-month inflation rate for June 2024 has dropped to -0,3 percent, shedding 0,4 percentage points on the May 2024 rate of 0,1 percent, official data shows. The month-on-month inflation … Read More
Zimbabwe’s June inflation numbers paint an encouraging picture of Zimbabwe’s rapidly stabilising economy after monthly inflation remains unchanged, suggesting bright prospects for inflation and exchange rate stability. The month-on-month inflation … Read More
ZIMBABWE’S trade deficit narrowed to US$151,1 million in May 2024, representing a 23,8 percent decrease from US$198,2 million recorded in April 2024 with South Africa and United Arab Emirates (UAE) … Read More
RETAIL clothing outlet, Truworths, says company shareholders are involved in negotiations that could have a significant positive impact on the prospects of the business. The firm’s shares stopped trading at … Read More
HARARE – FBC Holdings is set to acquire US$50 million in credit lines in this second half of the year, as the business tries to satisfy the appetite of its … Read More
Retail company Ok Zimbabwe says operating costs for the year to March 31, 2024 at $3,44 trillion were 107 percent higher than $1,67 trillion in the prior year driven by … Read More
Hennessy Capital Investment Corporation (HCVI), a special purpose acquisition firm listed on the Nasdaq (Stock Exchange in USA), has struck a definitive business combination deal with Mzee Khumalo’s Metallon Corporation … Read More
Zimbabwe recorded significant growth in foreign direct investment (FDI) in 2023 at a time most regions in Africa recorded declines, it has been learnt. According to the 2024 World Investment … Read More
The Committee of SADC Stock Exchanges (CoSSE) has appointed Financial Securities Exchange (FINSEC) chief executive officer (CEO), Collen Tapfumaneyi as its chairman. This follows elections that were held at its … Read More
The government should assist the Zimbabwe United Passenger Company (ZUPCO) in building its fleet of buses to ferry people around the country, legislators said on Tuesday. Last week, proportional representation … Read More
