ZSE in record monthly turnover
The Zimbabwe Stock Exchange (ZSE) ended September 7,5 percent higher and investors may have made a killing on real returns, if inflation for the month comes out lower. The ZSE … Read More
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Zim earns US$458,5m
Zimbabwe has so far earned US$458,5 million from 183,3 million kilograms sold since the selling season opened on April 29 this year, statistics from the industry regulator show. The 2020 … Read More
US dollar change, torn notes for sale
SHORTAGE of smaller denominations of United States dollars has created an opportunity for illegal money changers and some vendors to sell notes at a premium, The Herald can reveal. Most … Read More
Bank loans fall drastically in real terms
Economist John Robertson says although Zimbabwean banks have significantly increased credit into the economy, the real value of those loans has drastically fallen due to the depreciation of the local … Read More
VFEX: Answer for pension funds’ investment dilemma
With inflationary pressures emerging from monetary reforms that culminated in the return of the Zimbabwe dollar last year, pension funds have been calling for United States dollar-denominated investments to both … Read More
Zim lithium for premium market
THE future of Zimbabwe’s lithium exports appears bright and lucrative following revelations that one of only two active producers of ultra-low iron lithium has closed down. Ultra-low iron petalite is … Read More
DZHL volumes drop 32% in first half
Zimbabwe Stock Exchange listed entity Dairibord Zimbabwe Holdings Limited (DZHL) found the going tough for the half year period to June 2020. The period saw the company record a 32 … Read More
Fidelity in profit jump in six months to June
Fidelity Life says it recorded inflation adjusted profit before tax of $596,5 million for the period ended 30 June 2020 compared to $32,8 million recorded prior year comparative. This is … Read More
‘National Venture Capital Fund to stimulate economic growth’
THE Government expects to stimulate robust entrepreneurship and innovation through the National Venture Capital Fund (NVCF), as part of measures to steer economic growth and widen the job market. So … Read More
Zim to get bus assembly plant
Zimbabwe, through a joint venture cooperation with Belarus, will soon set up a vehicle assembly plant for the production of buses suitable for the local terrain, a move that dovetails … Read More
