Regularise pension fund boards: IPEC
The Insurance and Pension Commission (IPEC) has directed pension funds to regularise their boards by ensuring that their board directors are fully and properly constituted. In terms of provisions of … Read More
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Mimosa mine lays off managers, supervisors
ZVISHAVANE-BASED giant platinum mining firm, Mimosa Mining Company, has resolved to lay off top managerial staff and supervisors as a way of remaining afloat amid declining global metal prices. In … Read More
Edgars outlines migration roadmap to VFEX
EDGARS Stores Limited has outlined a migration roadmap to the Victoria Falls Stock Exchange (VFEX), as it seeks to unlock several advantages, including access to US dollar capital for expansion … Read More
FCB pledges support for budding financial analysts
FIRST Capital Bank chief finance officer Fanuel Kapanje has pledged the financial institution’s continued assistance to aspiring financial and market analysts as they develop into seasoned analysts. Speaking during the … Read More
Analysis confirms high quality natural at Mukuyu
AUSTRALIAN energy firm Invictus Energy Limited says a fluid sample analysis has confirmed high quality natural gas at the Mukuyu gas field containing minimal impurities which will require minimal processing … Read More
Caledonia decries high operating costs
The company expects to report an adjusted profit before tax for the year ended December 31, 2023 materially below market expectations.increased operating costs for 2023 and several significant one-off, non-operating … Read More
‘Zim growth potential betters most of Africa’
ZIMBABWE’S opportunities for economic development are outstanding compared to most African countries as the country boasts of several sectors that could be competitive regionally and globally in the short to … Read More
IPPs to pump 271MW into national grid
GOVERNMENT has granted licenses to a number of Independent Power Producers (IPPs) to start generating a combined total of 271MW of renewable energy. Finance, Economic Development and Investment Promotion Minister … Read More
Zimbabwe to extend debt maturities
Zimbabwe plans to gradually extend debt maturities and promote domestic investment in medium – to long-term Government securities by leveraging a projected stable macroeconomic environment, according to the Treasury’s borrowing … Read More
Currency depreciation, inflation and debt drive ZSE, NGX
The Zimbabwe Stock Exchange (ZSE) has been ranked among the three of the fourteen Sub-Saharan Africa’s (excluding South Africa’s) stock markets that have had positive US dollar returns year to … Read More
