May 1, 2024
MY penchant for turbocharging should be well known by now and given that Opel’s latest contender is equipped with an exhaust driven puffer ought therefore to ensure that this model’s propulsion unit is right up my street, so to speak. Well, the answer is not so simple…
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya expects both parallel market foreign currency rates and inflation to continue declining markedly in the coming weeks and months. (more…)
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CFI Holdings (CFI) says it recorded reduced foreign currency inflows during the quarter ended June 30, 2022 due to the benchmarking of prices on the official exchange rate. (more…)
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THE Victoria Falls Stock Exchange’s (VFEX) All Share index gained 7,72 percent to 115,4 points during the second quarter ending June 30, 2022 from 107,1 points the previous quarter, the Reserve Bank of Zimbabwe (RBZ) has said. (more…)
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THE Reserve Bank of Zimbabwe (RBZ) says by restricting resources available for credit growth, statutory reserve requirements continue to play a significant role in its tight monetary policy stance, which is meant to curb inflation. (more…)
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ZIMBABWE should tap into its agriculture and horticulture potential to increase and diversify its exports to the United Arab Emirates (UAE) as total trade between the two countries hit US$1,9 billion in 2021, a senior government official has said. (more…)
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THE Zimbabwe National Chamber of Commerce (ZNCC) says the Reserve Bank of Zimbabwe (RBZ) must prioritise foreign currency allocations to exporting firms if it is unable to review its current retention ratio, which stands at 40 percent of earnings. (more…)
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SEED Co International (Seed Co) says it will continue to leverage its essential service status in all its markets to continue being a vital cog in the primary food production value chain. (more…)
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CABLE manufacturer Cafca says its three months sales cover in finished goods stock will allow the company to meet the +/- 1400 stock lines the market requires. (more…)
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NATIONAL Tyre Services (NTS) says foreign currency shortages for the importation of new tyres from China and India continue to negatively impact margins. (more…)
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