September 2024

Minister says 2025 housing goal on course

By Prisca Tshuma Staff writer THE government is confident of achieving its ambitious target of delivering one million housing units by 2025. (more…)

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September 5, 2024

Opinions

Obstacles to high-performance coaching culture

Power Thought A high-performance coaching culture is not built by chance but by choice, strategy, and unwavering commitment. Leaders who invest in this culture unlock potential that transforms individuals, teams, and ultimately, the organization. (more…)

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September 5, 2024

International News

Economy grows in Q2 amid power and manufacturing boost

South Africa’s economy expanded in the second quarter as the electricity supply improved and consumers dipped into their wallets, but the result wasn’t seen dislodging the case for an interest-rate cut later this month. Gross domestic product rose 0.4% in the three months through June, Statistics South Africa said in…

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September 5, 2024

Companies & Markets

ZB posts growth in assets amid headwinds

ZB FINANCIAL Holdings (ZB) reported total assets of ZWG9,143 billion for the half year period to June 30, 2024 which was a marginal four percent increase from prior year’s ZWG8,772 billion as the group withstood macro-economic headwinds. (more…)

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September 5, 2024

National Report

Tigere’s bottom line slips in H1

TIGERE Property Fund (Tigere) saw its net property income falling by 10,7 percent in the six months to June 30, 2024 to US$769 885 from US$861 949 recorded in the same period last year which trickled down to its bottom line. (more…)

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September 5, 2024

National Report

IDBZ explores funding options

THE Infrastructure and Development Bank of Zimbabwe (IDBZ) says it is exploring alternative funding sources to boost capital and enhance mandate delivery. (more…)

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September 5, 2024

Opinions

The AI-Digital Bank business model

TODAY’S customers are empowered with real-time information, and they want the best of everything, everywhere and at any time. When they use banking services, they compare their experience with world-class standards delivered by service leaders. (more…)

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September 5, 2024

National Report

Experts seek tailored ESG regulations

INDUSTRY experts have called for the implementation of sector-specific environmental, social, and governance (ESG) regulations to effectively address the distinct challenges and opportunities faced by various industries. (more…)

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September 5, 2024

RBZ boosts forex reserves

ZIMBABWE saw a 30 percent growth in foreign currency reserves, including gold, to US$375 million as of June 30, 2024, from US$285 million as of April 5, 2024, the central bank has revealed. (more…)

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September 5, 2024

Interbank market trades US$190mln

THE Reserve Bank of Zimbabwe (RBZ) says approximately US$190 million was traded through the interbank foreign exchange market between April 8 and August 28, 2024. (more…)

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September 5, 2024

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