April 22, 2024
SIMBISA Brands (Simbisa) says the migration of its listings from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX) will be completed on December 2, 2022. The move, which was initially announced at the end of September is, however, subject to shareholder and regulatory approvals.…
NEDBANK Group (Nedbank) says the conversion of its shares to depository receipts on the Victoria Falls Stock Exchange (VFEX), which individual stockholders can elect to do before November 11, will shorten trade settlement by six days, among other benefits. (more…)
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ZIMBABWE Stock Exchange listed Lafarge Cement Zimbabwe Limited (Lafarge) could lose about US$320 000 over a debt owed to Rubtech Machinery and Spares (Private) Limited (Rubtech).…
INPUT VAT should be claimed within the tax period by a registered operator who is required to furnish a return, but not longer than 12 months from that date. (more…)
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PAY compression is when salary differentials become insignificant to be equitable, leading to complaints from employees. Pay compression is a situation where there are insignificant or no salary differences for individuals in the same grade. (more…)
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BUSINESS wants the upcoming 2023 national budget to provide tax relief and support to both commerce and industry, which are still wrestling with the effects of the Covid-19 pandemic and imported inflation. (more…)
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HWANGE Colliery (Hwange) is targeting increasing coking coal production and sales in a bid to increase capacity to discharge obligations to creditors. (more…)
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WHO doesn’t love fine food? In spite of a cost of living crisis and a galloping rate of inflation exacerbated by the war in Ukraine, new restaurants and fancy food outlets continue to open up.…
THE Reserve Bank of Zimbabwe (RBZ) says local microfinance institutions have made significant progress towards financial inclusion, buoyed by digital financial services.…