THE National Building Society (NBS) seeks to strengthen its balance sheet by unlocking value from its strategic land bank covering 634,4 hectares (ha) to be serviced and sold as housing stands. (more…)
MASHONALAND Holdings, a listed property investment entity, has in - vested US$12 000 towards the revitalisation of critical sections of the Zimbabwe Deeds Registry. (more…)
ELON Musk’s StarLink has halted internet services to Zimbabwe until it receives licensing approval from the nation’s telecommunications regulator, a top official said.…
BPL Africa Connect, a pan-African business growth and investment opportunities entity, is set to host a business summit in Harare on May 9, 2024, which will run under the theme “Strategic Agility in a Dynamic Environment". (more…)
MASIMBA Holdings (Masimba) says the adverse impact of the El Nino weather phenomenon and the declining mineral prices could have spillover effects on infrastructure development spending by government and the private sector thereby impacting execution of its order book. (more…)
NEWLY appointed Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has outlined his vision for the central bank, emphasising his commitment to realigning the apex bank with its core mission of maintaining price stability. Zimbabwe has grappled with an adverse business environment, unstable macroeconomic conditions, exchange rate and…
THE Reserve Bank of Zimbabwe (RBZ) says the collateral registry system recorded 1 204 active registered security interests with a total loan amount of ZW$4,59 trillion as at December 31, 2023. (more…)
ZIMBABWE’s lithium exports surged 854,7 percent to US$674 million in 2023 from US$70,6 million in 2022 following significant capital investments due to the global transition to clean energy, official figures show. (more…)
SOME businesses will struggle to survive the “unavoidable” route taken by authorities to take care of outstanding allotments from the discontinued foreign currency auction system. So say economic experts after the Reserve Bank of Zimbabwe (RBZ) prescribed that all refunds due to affected parties be converted to a…