Structured currency chance for confidence boost
The country is grappling with a currency that is fast losing its feet and analysts believe that the proposed structured currency to be introduced is a chance for monetary authorities … Read More
Category: #Top
Mukuyu gas field gets global recognition
GLOBAL energy research firm Wood Mackenzie has recognised Mukuyu gas field as the second largest sub-Saharan Africa discovery in 2023, boosting confidence in the quality and scale of this new … Read More
First Mutual challenges IPEC at High Court
LISTED First Mutual Life Assurance has lodged an application for review with the High Court challenging a Corrective Order issued by the Insurance and Pensions Commission. The corrective order directs … Read More
Nampak revenue jumps 19pc in Q1 despite economic headwinds
Listed packaging products maker Nampak Holdings Limited’s revenue for the first quarter to December 31, 2023, jumped 19 percent to $172.5 billion, as volumes for the period were ahead of … Read More
OK Zimbabwe records declined volumes
OK Zimbabwe Limited, a leading retail group in the country, experienced a 32 percent decline in volumes during the quarter ending December 31, 2023, compared to the previous year, and … Read More
Govt coffers bleed as oversight too ‘cumbersome’ for Treasury
TREASURY’S “value for money” audit to screen exorbitant invoices from government suppliers is being applied after the contract has been awarded as it is too cumbersome to undertake the exercise … Read More
Premier, contractors talks break impasse
PREMIER African Minerals Limited, the anchor shareholder of the Zulu lithium and tantalum project, has pledged to settle outstanding payments to its contractors, prompting them to resume operations and putting … Read More
TelOne saddled with US$400 million legacy debt, seeks US$250 million for network upgrade
TelOne, the country’s fixed-line telecoms operator, is saddled with a US$399 million legacy debt inherited from its predecessor, the Posts and Telecommunications Corporation (PTC), according to the company’s CEO, Lawrence … Read More
Exchange rate conundrum: Can Mangudya deliver stability before his exit?
The Reserve Bank of Zimbabwe Governor Dr John Mangudya, promises a “solution” to the country’s long-standing currency woes in his upcoming Monetary Policy Statement (MPS). With his term ending in … Read More
How to start investing on the ZSE
Step 1: Registration Retail investors have 3 options that they can use when participating in the capital market. This is a financial market where long-term debt and equity securities are … Read More
