October 2024

WestProp tweaks supply chain to boost margins

Kudzanai Gerede Companies and Markets Editor WESTPROP Holdings (WestProp) is strategically restructuring its supply chain by insourcing a significant portion of its raw materials as part of a long-term plan to improve profit margins. (more…)

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October 9, 2024

Companies & Markets

Simbisa targets 36 new stores

SIMBISA Brands (Simbisa) is targeting to open 36 new stores in its full year to June 30, 2025, and revamp 36 stores at a total cost of US$17,8 million. (more…)

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October 9, 2024

LPG consumption up

LIQUEFIED Petroleum Gas (LPG) consumption in Zimbabwe rose by 7,08 percent in the first eight months of 2024, reaching 47,42 million kilogrammes (kgs), up from 44,29 million kg during the same period in 2023, according to latest data from the Zimbabwe Energy Regulatory Authority (ZERA). (more…)

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October 9, 2024

Companies & Markets

Fidelity expands gold deliveries network

ZIMBABWE’S sole authorised gold buyer, refiner, and exporter, Fidelity Gold Refinery (FGR), has intensified its efforts to boost gold deliveries by opening three new gold-buying centres in Mberengwa, Ngundu, and Zvishavane. (more…)

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October 9, 2024

Opinions

Progress towards IPSAS implementation –

INTERNATIONAL Financial Reporting Standards (IFRS) 18 presentation and disclosure in financial statements was issued by the International Accounting Standards Board (IASB) on April 9, 2024 to replace IAS 1 presentation of financial statements. (more…)

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October 8, 2024

Opinions

A complex journey towards economic stability

THERE is a Shona proverb called “Bhuru rinoonekwa nemavanga”. This saying holds a powerful message about the significance of scars and the positive impact that adversity can have on our lives both at personal and professional levels. As human beings, we are products of our experiences and what…

October 8, 2024

Companies & Markets

CABS finances grain farmers

CABS says it disbursed nearly US$10 million during the half year ended June 30, 2024 to support grain production in the country. The initiative, aimed at fighting the effects of the El Niño-induced drought and ensuring food security, has involved collaboration with customers in the grain supply chain.…

October 8, 2024

National Report

Aviation touted as tourism catalyst

PLAYERS in Zimbabwe’s tourism industry are calling for the revitalisation and capacitation of the aviation sector, emphasising the need to draw lessons from neighbouring African countries to enhance the country's tourism growth. (more…)

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October 8, 2024

Prioritise sustainability: Banks told

THE Reserve Bank of Zimbabwe (RBZ) has urged banks to integrate sustainability into risk assessments and help businesses manage environment-related risks. (more…)

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October 8, 2024

National Report

‘Victoria Falls road upgrade boon for economy’

THE Cabinet has approved plans to upgrade and modernise the Beitbridge-Bulawayo-Victoria Falls Road to bolster regional trade and connectivity. (more…)

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October 8, 2024

Saturday, 23 November 2024

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