March 18, 2023

ACZ upbeat as aviation sector grows

THE Airports Company of Zimbabwe (ACZ) expects a surge in demand in the air travel market, as a host of airlines eye new routes into Zimbabwe. A number of airlines including Zambia Airways, Eswatini Air and South African low-cost carrier, FlySafair were recently licensed to fly into Zimbabwe and are set to begin services soon.…

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‘Policy inconsistency imperils local banks’

A LOCAL research firm says banks in Zimbabwe continue to be impacted by the country’s “volatile” policy environment while business leaders and other experts have long characterised the country’s policy landscape as “inconsistent”. “Income mix for local banks has been largely reflective of conservative lending practices, with non-interest income being the major contributor within the…

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Amplats hails Unki’s PGM production

ANGLO American Platinum (Amplats)’s Zimbabwean unit, Unki Mine, was the only key platinum group metals (PGM) production division to register meaningful growth in primary mined volumes in 2022. In its annual report for the year ended December 31, 2022, Amplats said the mined supply of platinum, palladium and rhodium declined in 2022, while platinum and…

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