September 7, 2023

Put the economy first

THIS week saw the inauguration of President Emmerson Mnangagwa for another five-year term. Now the real task on the ground is positioning Zimbabwe in the international community to benefit from opportunities that will lift the economy. (more…)

…

September 7, 2023

Appoint the best, experts urge ED

ECONOMIC experts want President Emmerson Mnangagwa to balance continuity with ministerial capacity when he appoints his new Cabinet line-up. (more…)

…

September 7, 2023

Companies & Markets

Local banks rely on non-funded business

ZB FINANCIAL Holdings (ZBFH) says banks in Zimbabwe have had to rely more on non-funded income as a result of a tight monetary policy that has seen interest income declining with lending in the local currency. (more…)

…

September 7, 2023

Beware of full dollarisation: Government warned

THE Confederation of Zimbabwe Industries (CZI) has urged the government to be wary of inadvertently forcing full dollarisation through its tight squeeze on Zimdollar liquidity. (more…)

…

September 7, 2023

International News

Truworths plans R800m in capex

SOUTH African retail group, Truworths has committed R895 million in capital expenditure for the 2024 financial year, after its retail sales for the year ended July 2023 soared to record levels.…

0 COMMENT
September 7, 2023

National Report

POSB banks on clientele growth

THE People's Own Savings Bank (POSB) is confident that its performance will remain satisfactory in the second half of 2023, as it continues to grow its customer base and deposits, both in the Zimdollar and the US dollar. (more…)

…