Hippo Valley to exhaust available borrowing facilities for capital

The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By Tafadzwa Mhlanga Feb. 19, 2024

TSL lines up several investments

Revaluation of certain assets led to total assets of  ZWL$441,8 billion, from the comparative of ZWL218,08 billion.
By Belinda Chiroodza Feb. 2, 2024

Pension industry forex-denominated assets surge

This was driven by the major asset classes of equities, money market investments and prescribed assets.
By Melody Chikono Jan. 15, 2024

ZSE, VFEX tweak rules as firms struggle to submit audited interim results

Similarly, ZSE said effective January 1, 2024, the requirement for review by the listed company's external auditors of unaudited half-year interim reports had been waived.
By Business Reporter Dec. 20, 2023

Create foreign currency REIT, Mthuli tells NRZ

Ncube urged the pension fund to support its mother company, the National Railways of Zimbabwe, to manage its properties better to improve its balance sheet.
By Tafadzwa Mhlanga Dec. 19, 2023

Media budget vote disenfranchises citizens right to information

The budget vote for the digitization program, which is my second point, is extremely low to the extent that at this rate the process will be completed in 2030.
By Nigel Nyamutumbu Dec. 10, 2023

Industry reels under water, power crisis

The official foreign currency exchange rate as at November 30 stood at US$1:ZW$5 791,08
By Belinda Chiroodza and Tafadzwa Mhlanga Dec. 8, 2023

CCC MP calls out delays in RBZ’s currency auction

He argued that over the past four auctions, funds had been withdrawn from Zimdollars, but the corresponding foreign currency was not released.
By Harriet Chikandiwa Nov. 30, 2023
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Property buyers shun mortgage bonds

The central bank estimated that there is about US$2 billion cash being exchanged outside formal channels, particularly in the informal sector.
By Tatira Zwinoira Sep. 28, 2023