July 2024

Mutapa gets US$1,9 billion loan

DOMESTIC debt increased 56,5 percent to US$8,1 billion as of the end of December 2023 compared to US$5,2 percent in 2022 after treasury added a capitalisation loan for the Mutapa Investment Fund, official figures reveal. (more…)

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July 31, 2024

Opinions

Role of mindset coaching in driving growth

An organisation's culture isn't just a reflection of its people; it's the engine of its growth and innovation. ORGANISATIONAL culture is the cornerstone of any successful business. It's the invisible hand that shapes the way employees think, behave, and interact. When aligned with strategic goals, a strong culture…

July 31, 2024

Zimbabwe’s energy crisis and the quest for a sustainable solution

ZIMBABWE'S energy sector is grappling with significant challenges, notably rolling blackouts that leave citizens in the dark for up to 18 hours a day. Yet, the nation possesses largely untapped renewable energy potential, a paradox that the Zimbabwe Energy Regulatory Authority (ZERA) is determined to address. In an…

July 31, 2024

Opinions

Hazardous chemicals management: A key aspect of effective ESG

MORE than 100,000 chemicals are in use worldwide - in industries ranging from mining, agriculture, pharmaceuticals, manufacturing, construction and cosmetics. (more…)

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July 31, 2024

National Report

RBZ governor to headline ESG Indaba

RESERVE Bank of Zimbabwe governor John Mushayavanhu will deliver the keynote address at the eighth edition of the Responsible Business and Environmental, Social and Governance (ESG) leadership conference next month in Victoria Falls, ESG Network executive director Willard Razawo announced this week. (more…)

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July 31, 2024

Companies & Markets

Khayah in financing puzzle for kiln upgrade

CEMENT producer Khayah Cement Limited (Khayah) says it is currently in the process of assessing various options to raise between US$15-20 million needed for the kiln refurbishment at its Manresa working station on the outskirts of Harare. (more…)

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July 30, 2024

ZiG offers hope for accountants amid reporting headaches

ZIMBABWE'S gold-backed currency, the ZiG, has brought relief to accountants burdened by reporting challenges stemming from years of high inflation and exchange rate volatility. (more…)

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July 30, 2024

National Report

Banking sector NPLs creep up

THE Reserve Bank of Zimbabwe (RBZ) has reported that the non-performing loan (NPL) ratio in the country's banking sector reached 2,17 percent in the first quarter of 2024, remaining within acceptable limits. (more…)

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July 30, 2024

Companies & Markets

Shamva Mine hits one million fatality-free shifts

SHAMVA Mine, a subsidiary of Kuvimba Mining House (Kuvimba), says it has achieved one million fatalityfree shifts over the past year, underpinned by a very comprehensive risk management program. (more…)

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July 29, 2024

National Report

Tourism sector to grow 12pc in 2024

TREASURY has projected the tourism sector to grow by 12 percent this year on account of positive developments experienced in the global and domestic tourism industry during the first half of 2024. (more…)

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July 29, 2024

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