finance

Triple ISO boosts Integrated Properties bankability

INTEGRATED Properties says its recent International Organisation for Standardisation (ISO) certification is expected to strengthen the company’s bankability and enhance investor confidence, particularly among financiers interested in sustainable property projects. The property firm recently received three certifications from the Standards Association of Zimbabwe: ISO 9001:2015 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (Occupational…

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Botswana fertiliser firm targets Zim

A BOTSWANA-based organic fertiliser manufacturer is looking to expand further into Zimbabwe, increase supplies of its granulated products and potentially establish local production plants to support agriculture. Founded in 2011, Organic Fertiliser Manufacturers Botswana has operated on a relatively limited scale, relying mainly on animal waste from beef and poultry to produce fertilisers, in contrast…

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Government declares war on counterfeit goods

THE government has reaffirmed its commitment to protecting consumers as counterfeit goods and illegal smuggling flood the country’s local markets. Marking World Consumer Rights Day, the minister of Industry and Commerce, Mangaliso Ndhlovu, yesterday said the government was intensifying efforts to safeguard citizens. “Zimbabwe has not been spared from the menace involving the production of…

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Retail investor participation grows on VFEX

THE Victoria Falls Stock Exchange (VFEX) has hit a new milestone in its retail investor reach, with over 7 800 individuals now registered on the VFEX Direct digital platform. The growth of the retail investor segment highlights a shift in the exchange’s accessibility since the introduction of digital trading channels. Speaking at the Pfuma Real…

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Govt tightens public procurement processes

ZIMBABWE’S Finance ministry has continued to unveil a raft of measures, including e-government procurement (e-GP) among other reforms and automated services, as it seeks to enhance its value-for-money policies and shore up the public finances management system. This comes as Harare’s tax revenues — already in line with regional trends — have hit 18 percent…

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Government decrees local suppliers payments in ZiG

GOVERNMENT has taken a definitive step toward de-dollarising public procurement, with the minister of Finance, Mthuli Ncube, announcing that all local suppliers and contractors will henceforth be paid exclusively in ZiG. The directive, which accompanied the launch of the new National Standard Price List (NSPL), marked a significant shift in fiscal policy aimed at bolstering…

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