finance

NHS banks on business class lounges to boost revenues

NATIONAL Handling Services Zimbabwe (NHS) expects its business class lounges to contribute six percent of total group revenues this year, following a rebranding exercise at several major airports nationwide.AdvertisementsThe move comes amid financial challenges and evolving market dynamics.“With the business class lounges, we are looking at hitting the six percent mark because they were around…

Subscribe to read full article. Subscribe today

Read more

NHS unveils big plans for Walvis Bay

THE National Handling Services (NHS) plans to boost cargo throughput at Walvis Bay dry port in a bid to expand trade capabilities and increase revenue streams.AdvertisementsThe acting chief executive, Phillip Rambakudzibwa, said these plans are anchored in the port’s strategic potential to drive regional and international trade.“The dry port presents a significant opportunity for growth.…

Subscribe to read full article. Subscribe today

Read more

speMEDIA: Elevating Brands Digitally

https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-313177.mp3?cb=1738660250.mp3IN an era where establishing a strong digital presence is essential for business growth, speMEDIA, a Harare-based company, has emerged as a leading provider of website and graphic design services. …

Read more

NVCCZ seeks to close startup funding gap

THE National Venture Capital Company of Zimbabwe (NVCCZ) will stimulate the country’s entrepreneurial ecosystem and drive economic growth, minister of Finance, Mthuli Ncube, says.AdvertisementsSpeaking at the launch of the company recently, Ncube said the initiative aims to address the critical funding gap often faced by startups and early-stage businesses, providing them with capital and support…

Subscribe to read full article. Subscribe today

Read more

A diplomatic reset chance for Zimbabwe, USA

AS THE United States sees a shift in administration this week, Zimbabwe finds itself at a pivotal juncture to redefine its diplomatic relationship with Washington.AdvertisementsThis change presents an invaluable opportunity for Harare to revisit its long-standing issues with the United States, including the contentious Zimbabwe Democracy and Economic Recovery Act (Zidera) and other points of…

Subscribe to read full article. Subscribe today

Read more

Roaring informal sector a menace

BUSINESS is at the end of its tether over the triple whammy of Zimbabwe’s continuing exchange rate distortions, booming informal sector and public policy failures.AdvertisementsSpeaking to The Financial Gazette — the country’s number one business publication and prime voice for commerce and industry — experts said this week that it was time for authorities to…

Subscribe to read full article. Subscribe today

Read more

A family affair: Unseen harmony of marketing, advertising and PR

AS we navigate the complex landscape of public relations, there are two twins in the business world that often cause friction: Marketing and advertising. AdvertisementsBut what if I told you that these two ‘cousins’ are not just separate entities, but rather interconnected parts of a larger family that works together to build a brand that…

Subscribe to read full article. Subscribe today

Read more

HR PERSPECTIVE: When a job evaluation system actually creates more problems

AS a consultant who has worked on numerous job evaluation projects, I have observed a recurring challenge: many leaders and executives do not fully understand why job evaluation is conducted.AdvertisementsJob evaluation serves as a systematic method to determine the relative worth of different positions within an organisation. Many leaders often see it as a box-ticking…

Subscribe to read full article. Subscribe today

Read more

Ecocash endures cost of ZiG devaluation

Elton ManguwoStaff writerAdvertisementsECOCASH Holdings Zimbabwe (Ecocash) says the sudden devaluation of the Zimbabwe Gold- —ZiG currency by the Reserve Bank of Zimbabwe last year severely eroded its local currency holdings by up to 43 percent in real terms.The authorities — on September 28, 2024 devalued the ZiG by 42,6 percent in an attempt to keep…

Subscribe to read full article. Subscribe today

Read more

Diversification buoys CBZ’s lending portfolio

FINANCIAL services group CBZ Holdings (CBZ) says it has managed to insulate its lending business from sectoral shocks by diversifying loans across several sectors and spreading risk.By diversifying their loan portfolios, banks tend to reduce their exposure to specific sectors, which can help them avoid losses during economic downturns or other unexpected eventsThe Zimbabwe Stock…

Subscribe to read full article. Subscribe today

Read more

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More