President wants to see better business
Economic matters were, as now expected, well to the fore in President Mnangagwa’s State of the Nation Address at the opening of the Second Session of the 10th Parliament on … Read More
Category: #Top
CTC, Innscor battle continues as Supreme Court allows appeal
HARARE – The Supreme Court has ruled that an appeal by the Competition Tariff Commission (CTC) over the ruling by the Administrative Court regarding the merger between Ashram Investments, Profeeds, … Read More
RBZ, BAZ in talks over new policy measures
The Bankers Association of Zimbabwe (BAZ) held a high-level meeting with the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu on Tuesday to discuss critical policy measures arising from … Read More
Delta supports turnover as banks lift ZSE higher
HARARE – Delta Corporation supported turnover for the second consecutive day as Zimbabwe Stock Exchange shares closed Wednesday’s trades higher, supported by gains in blue-chip financial stocks. At close, the … Read More
Currency devaluation: The double-edged sword for Zimbabweans
The first, known as “Black Friday,” occurred on November 14, 1997, when the Zimbabwean dollar plummeted 72% and the stock market crashed 46% after former President Robert Mugabe ordered a … Read More
Caledonia disposes of US$14.3 mln Blanket Mine solar plant for profit
HARARE – Caledonia Mining Corporation Plc is set to dispose of its 12.2MW solar plant to CrossBoundary Energy (CBE) Holdings for US$22.35 million in cash. The solar plant, built at … Read More
Unifreight expands cross-border fleet despite challenges
Logistics company, Unifreight, is on track to meet its 2024 target of operating 100 cross-border assets, according to its half-year results for the period ending June 30, 2024. This expansion … Read More
Zimbabwe’s exports bulk 23 percent in August
The country’s exports increased 23 percent in August to US$674 million from July figures of US$548,3 million on the back of minerals and tobacco. According to the Zimbabwe National Statistics … Read More
National Foods reports strong performance amid mixed divisional results
National Foods, one of Zimbabwe’s largest food manufacturers, has posted a robust performance for the financial year ending June 30, 2024, with total volumes reaching 585,000 tonnes, a 6 percent … Read More
PPC Zim sees 4.5% revenue decline in July; ZSE in 22% monthly gain
HARARE – PPC Ltd, says in the four months ended July 31, 2024, PPC Zimbabwe experienced a revenue decline of 4.5%. This was a more significant decrease compared to the … Read More
