September 19, 2024
THE Zimbabwean economy is deteriorating at a very high rate, with the parallel exchange rate moving from US$1:ZW$2.50 to US$1: ZW$10 000 in just four years. Year-on- year blended inflation rate as at December 2023, was reported to be 26.52 percent, but this does not match the reality…
Technology giant Samsung Electronics says it is likely to see its profits for the last three months of 2023 fall by more than a third.…
STARAFRICA Corporation (Starafrica) says it has increased its refined sugar production to between 6 000 and 7 000 tonnes per month, enough to meet growing demand. (more…)
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CHINA was Zimbabwe's top export destination in November 2023, taking in 32,3 percent of the country's total exports, according to latest ZimStat data. (more…)
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BRICKMAKER Willdale says exchange losses amounted to 21 percent of its revenue during the year ended September 30, 2023, as its income continues to be impacted by distortions in exchange rates. (more…)
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AMALGAMATED Regional Trading Holdings (Art) says it will focus on value preservation, de-risking and actively managing its businesses across the formal, informal and export markets in light of the operating environment, which is expected to remain complex. (more…)
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Timo Werner is back in the Premier League and will be hoping his return goes better than the last time he was here.…
New rules have been introduced which should prevent matches running after 11pm on both the ATP and WTA Tours.…
Rafael Nadal will miss the Australian Open and instead return to Spain for treatment on a hip injury he sustained at the Brisbane International.…
Rory McIlroy says a “world tour” is his “dream scenario” amid ongoing talks aimed at ending the split that has dominated men’s golf in recent years.…