https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-310046.mp3?cb=1735912550.mp3ANGLO American says platinum group metals (PGMs) output at its Zimbabwean unit, Unki Mine, slightly retreated by one percent to 179 700 ounces in the first nine months of 2024 from 182 000 ounces in the comparable period last year.Advertisements The marginal drop reflects Unki’s struggles to match its previous year’s performance down to operational…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309958.mp3?cb=1735912774.mp3DIVERSIFIED insurance firm, First Mutual Holdings Limited (FMHL) says it is in talks with potential partners to invest close to US$40 million in various projects at its flagship Arundel office park in Harare.Advertisements This follows the completion of the expansion of the Arundel office park, which features a double-storey building with basement parking. The project…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309832.mp3?cb=1735913180.mp3THE Treasury has announced that the rules governing the operation of the Minerals Commodity Exchange have been finalised, and trading is expected to begin shortly.Advertisements The exchange, which will be managed by the Victoria Falls Stock Exchange (VFEX), is set to be established in a special economic zone and will conduct its operations using the…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309831.mp3?cb=1735913741.mp3THE National Social Security Authority (Nssa) is set to extend social security coverage to informal workers, with plans to launch a pilot scheme in 2025 before expanding it nationwide.Advertisements This move aims to address a long-standing challenge faced by developing countries — how to provide social security for informal sector workers. The country’s informal sector…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309875.mp3?cb=1735914002.mp3Kudzanai Gerede Companies and Markets EditorAdvertisements AXIA Corporation’s logistics business, Distribution Group Africa (DGA) is expected to put a strain on the group revenue for the current financial year ending June 30, 2025 (FY25) on account of widespread informalisation of the sector in Zimbabwe and foreign currency shortages in regional markets. The business has operations…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309883.mp3?cb=1735914239.mp3TIGERE Property Fund (Tigere) says the demand for value-preserving assets combined with exchange rate volatility has triggered an upward shift in pricing across the real estate value chain. Advertisements Tigere is a real estate investment trust (REIT) owned by the asset management firm Terrace Africa. It became the country’s first ever publicly listed REIT on…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309855.mp3?cb=1735914961.mp3THE Comesa Federation of Women in Business (COMFWB) has urged female entrepreneurs to expand their market reach beyond local borders and explore export opportunities.Advertisements COMFWB chairperson Edna Mukurazhizha encouraged women during the Regional Enterprise Competitiveness and Access to Markets Programme (Recamp) training, to consider regional and international markets. “The encouragement is for women to be…
Gold hit a record high, as it receives sustained haven demand with investors monitoring the approaching US election and conflict in the Middle East.Advertisements Bullion edged up to $2 750.34 on Wednesday, beating Tuesday’s peak by about $1, with geopolitical risks taking center stage as traders focused on a tight US presidential race and concerns…
South African Airways (SAA) is currently debt-free and is not looking for additional funding from National Treasury.Advertisements However, Parliament’s Standing Committee on Public Accounts (Scopa) heard on Tuesday the national carrier requires a capital injection to get back to its “former glory”. The capital is also needed to bring forward some of the plans it…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-309874.mp3?cb=1735917709.mp3SCHWEPPES Zimbabwe says it is working on reducing its waste and carbon footprint by 25 percent as part of efforts to mitigate its negative environmental impact during operations.Advertisements As global concerns about climate change, social inequality, and corporate misconduct grow, investors and consumers are increasingly demanding transparency and accountability from businesses. Local companies have been…
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