Zimbabwe must stop being a crybaby and instead remove cumbersome taxes and strengthen existing export relations, an envoy has said.
CBZ Holdings saw its 2016 profit after tax dropping by 32,5% to $28,3 million from the previous year on the back of a decline in net interest income.
THE Affirmative Action Group (AAG) has petitioned the Engineering Council of Zimbabwe to launch an inquiry into the structural competences of all Simbisa Brands Limited buildings including the recently collapsed Nando’s Zimbabwe fast-food outlet in Bulawayo.
A GREAT number of MSMEs close shop within the first year of operations.
Barclays Africa Group Ltd. apologized for its role in a rand-fixing affair involving more than a dozen banks, saying that it alerted regulators about the practice after suspending two traders.
Tobacco processor, British American Tobacco (BAT) Zimbabwe saw its profit after tax declining by 43% to $8,5 million in the year ended December 31, 2016 attributed to a decline in revenue on weak consumer demand.
The Zimbabwe Information and Communication Technologies (ZICT) has requested for 200 hectares of land from the government to construct a local version of Silicon Valley.
Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, released the January 2017 Monetary Policy Statement (MPS) on February 15 under the theme Stimulating Economic Growth and Bolstering Confidence.
Rainbow Airlines begins flights on the competitive Harare to Johannesburg route on March 5, as it spreads its wings in the industry.
Foreign investors in Marange turned down the government’s proposal to be amalgamated into one entity because the move would have stopped their looting sprees, President Robert Mugabe has said.