VFEX eyes four new listings

THE Victoria Falls Stock Exchange (VFEX) expects to secure four new listings during the second half of this year, signalling strong investor confidence in the market. The exchange has increasingly gained traction as an offshore investment centre over the past three years by attracting both local and foreign listings despite a slow start following its…

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Power strains hinder mining

ALTHOUGH miners remain upbeat about their sector’s long-term prospects, they warn that operational capacity is continuing to be constrained by power shortages, high operating costs and limited access to capital. Speaking during last week’s well-attended Chamber of Mines of Zimbabwe (CoMZ) annual conference in Victoria Falls, the miners also said prevailing domestic structural bottlenecks required…

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Making the rubber hit the road

Palmer Mugavha IN many organisations, strategy de­velopment is often not the problem. Ambition is clear, priorities are de­fined and direction is well-articu­lated. Yet the gap between what is agreed in…

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CZI sees shift towards contract employment

THE Confederation of Zimbabwe Industries (CZI) expects the manufacturing sector to rely increasingly on contract workers rather than permanent employees in the long term, as manufacturers remain cautious about the sustainability of current economic stability. This comes as economic analysts and businesses continue to express uncertainty over how long recent monetary stabilisation can be maintained.…

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Zinara calls on miners to chip in

THE Zimbabwe National Road Administration (Zinara) has called on the mining sector to become co-investors in the country’s road infrastructure, driven by the need to curb road degradation and bridge funding shortfalls. The institution, responsible for the management, maintenance and development of Zimbabwe’s national road network, proposed a collaborative, public-private partnership (PPP) framework designed to…

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