At a Monetary Policy review meeting, ZNCC president Mike Kamungeremu conducted a snap survey on whether business would support Mushayavanhu’s measures.
Business
By Melody Chikono Apr. 12, 2024
 RTG said that the strategic partnership was basically growth-oriented and specifically for the creation of new value.
Business
By BELINDA CHIROODZA Apr. 12, 2024
Participating at the Agritech Expo presents an opportunity for local suppliers to get new markets for the products and services and hence begin trade.
Business
By Business Reporter Apr. 12, 2024
The declaration also emphasised the need for greater international cooperation and partnerships to achieve these goals.
Business
By Melody Chikono Apr. 11, 2024
Zimbabweans are an injured people. We have lost a lot of value in savings and investments and there is very little trust of the local currency, but he [Mushayavanhu] is new.
The price decline for PGMs was mainly attributable to abundant supplies in the face of deteriorating global macro-economic conditions which generated subdued demand.
Business
By Mthandazo Nyoni Apr. 10, 2024
The sector should also prioritise fair treatment of policyholders and pension scheme members in line with the treating customers fairly framework, he said.
Business
By Mthandazo Nyoni Apr. 10, 2024
This comes as the Zimbabwe National Chamber of Commerce estimates the informal sector to be valued at US$42 billion.
Business
By TAFADZWA MHLANGA Apr. 10, 2024
In a statement, Caledonia chief executive Mark Learmonth said Mufara boasts of over 25 years experience in the mining sector in southern Africa, including 13 years in leadership
Business
By Melody Chikono Apr. 9, 2024
SMEs have struggled to access funding from banks as they do not have the required collateral demanded by financial institutions.
Business
By TAFADZWA MHLANGA Apr. 9, 2024
ZSE said all the ZSE indices would be re-based to 100 basis points.
Business
By Business Reporter Apr. 9, 2024
The governor noted that in the last nine months, inflationary pressures have dissipated, as seen by the decline in the annual inflation rate from 30,9% in June to 17,8% in October 2023.
Business
By Mthandazo Nyoni Apr. 8, 2024
The Edgars group, comprising Edgars Stores, Jet, Carousel and Club-Plus, had witnessed tremendous growth over the last few years, the company said.
Business
By Mthandazo Nyoni Apr. 8, 2024
In terms of income statement performance as measured by the change in the equity value in United States dollar, MedTech incurred a loss of about US$260 000.
Business
By Mthandazo Nyoni Apr. 8, 2024
Elevate by Ecobank is designed to address the unique challenges faced by women owned and women-led businesses, providing them with accessible banking services.
Business
By Innocent Magondo Apr. 8, 2024
the broker offers relatively low spreads to its clients. There are four different accounts to choose from including the cent, zero,
Business
By Newsday Apr. 7, 2024
The support comes at a time when manufacturers are in desperate need of foreign currency as official channels continue to prove difficult in supplying adequate amounts.
The association added that the inability to charge cost reflective tariffs was also making it difficult to raise capital as individual players in the market.
Business
By TAFADZWA MHLANGA Apr. 5, 2024
 Unstoppable Africa will return to Cipriani’s in New York on September 25 to 26 on the sidelines of the 79th session of the UN General Assembly.
Business
By Business Reporter Apr. 4, 2024
Construction work on the pre-leased 12 Van Praah Day Hospital project has been completed and handed over to the tenant.
Business
By Melody Chikono Apr. 4, 2024
This year’s challenge becomes the 35th in the long running Zimbabwe franchise, in what has easily become one of the largest promotions, not only in Zimbabwe, but also within the region.
Business
By Mthandazo Nyoni Apr. 4, 2024
EcoCash then had its initial public offering over a month later, December 8, 2018, course to listing on the  Zimbabwe Stock Exchange (ZSE).
Business
By Tatira Zwinoira Apr. 3, 2024
Zimbabwe’s failure to extinguish its external debt  has blocked the country from receiving fresh loans and development support from most multilateral lenders and partners.
Business
By Tatira Zwinoira Apr. 3, 2024
Speaking last week during the Special Women’s Month webinar, Chinyuku said it takes a lot of effort, repeating yourself and to stand your ground.
Business
By BELINDA CHIROODZA Apr. 3, 2024
The depreciation of the local currency is also attributed to an increase in the money supply after  Treasury increased expenditure for the current fiscal year.
Business
By TAFADZWA MHLANGA Apr. 3, 2024
Investment returns were ZWL$5,1 trillion, up from ZWL$423 billion achieved in the prior year.
Business
By Mthandazo Nyoni Apr. 2, 2024
According to SecZim, while the failure of a SMI could be triggered by many events, locally, there are three main reasons why this occurs.
Business
By Blessed Ndlovu Apr. 2, 2024
The Zimbabwean economy faces an uncertain global economic outlook due to geopolitical tensions, climate shocks and exchange rate volatility.
Business
By Mthandazo Nyoni Apr. 2, 2024
Zimbabwe will participate at the expo under the theme Beyond Limit.
Business
By Blessed Ndlovu Apr. 2, 2024
In its latest financial results, FMP chairperson Elisha Moyo said the firm aimed to protect its assets.
Business
By BELINDA CHIROODZA Apr. 1, 2024
In April 2022, StanChart’s former British-based parent company, Standard Chartered PLC, announced plans to fully divest from its Angola, Cameroon, Gambia, Jordan, Lebanon,
Business
By Business Reporter Apr. 1, 2024
The suspension was a result of government’s suspicion that fungible counters were aggravating the depreciation of the domestic currency, which has been falling since 2016.
Business
By Mthandazo Nyoni Mar. 29, 2024
Chitupa also encouraged SMEs to join forces on their governance to improve their financial reporting to attract proper financing.
Business
By TAFADZWA MHLANGA Mar. 29, 2024
Revenue rose by nearly 48% to ZWL$724,11 billion during the period under review.
Business
By Tatira Zwinoira Mar. 29, 2024
The project was initially scheduled to be completed by October 31, 2023, but faced unforeseen technical challenges that extended its completion date to the end of next month.
Business
By Business Reporter Mar. 29, 2024
In December, Mnangagwa appointed Mushayavanhu as Mangudya’s successor and was supposed to begin new duties on May 1.
Business
By Business Reporter Mar. 28, 2024
Inflation-adjusted net interest income closed the period at ZWL$429 billion, up 44% compared to the prior year.
Business
By Mthandazo Nyoni Mar. 28, 2024
During the period under review, non-funded income from client transactions, excluding unrealised foreign exchange gains, grew by 191%.
Business
By Tatira Zwinoira Mar. 28, 2024
In the comparative 2022 period, Proplastics posted a profit of US$164 482 with finance costs amounting to US$686 304 during the period.
Business
By Tatira Zwinoira Mar. 27, 2024
Makamure said emerging technologies such as AI were reshaping industries such that this innovation, in particular, empowered machines to learn, reason and make decisions.
Business
By BELINDA CHIROODZA Mar. 27, 2024
This comes as concerns have been raised regarding Zimbabwe’s power outages, which have resulted in prolonged periods of darkness throughout the nation.
Business
By Business Reporter Mar. 27, 2024
Makoni-Thodhlana said that the ZWL payment would be settled on an ongoing basis depending on funds availability.
Business
By Blessed Ndlovu Mar. 27, 2024
ICT, Postal and Courier Services minister Tatenda Mavetera said her ministry is working on expanding high-speed internet access across the nation to facilitate e-commerce.
The  El Niño  weather phenomenon has caused drought and heatwaves, affecting water supply for domestic, animal and industrial use and hitting farming output for rain-fed agriculture.
Business
By Business Reporter Mar. 26, 2024
In a statement accompanying the financial results for the year ended December 31, 2023, Tigere said demand for space at Phase 2 was high.
Business
By Melody Chikono Mar. 26, 2024
Among the funds to be raised include those for the  Kariba housing project remedial works which has a budget of US$3,1 million, while US$1,8 million is set for Spitzkop Housing Project.
Business
By Tatira Zwinoira Mar. 26, 2024
The snacks business operated at capacity for the period, delivering a pleasing 31% volume growth over the comparative period.
Business
By BELINDA CHIROODZA Mar. 25, 2024
Zimbabwe, which already has a turbulent economy, is seen struggling in the aftermath of global shocks amid recommendations for solid plans to avert crisis.
Business
By Melody Chikono Mar. 25, 2024
Zimbabwe and Nigeria were in 2019 selected by Afreximbank to host the first ATCs.
Business
By Business Reporter Mar. 25, 2024
Vaka Ekhaya said the platfom will also enable the forging of of valuable partnerships and collaborations with key players
Business
By Newsday Mar. 24, 2024