Advertisements FBC Holdings (FBC), a diversified conglomerate, has resolved to focus its real estate projects on expanding its asset base in high- and medium-density suburbs, aiming to tap into the growing market demand in this segment.Zimbabwe’s ongoing currency volatility has prompted investors to shift from traditional savings accounts to banking in real estate assets. Consequently,…
Advertisements KEY stakeholders in the horticultural sector have called on the Government to abolish the 25 percent foreign currency export retention policy, arguing that the regulation hampers the industry’s growth and competitiveness.Advertisements In 2023, the Reserve Bank of Zimbabwe (RBZ) issued an exchange control directive establishing a uniform foreign currency retention threshold of 25 percent…
Advertisements ZIMBABWE’s inflation is expected to remain elevated in 2025 driven by foreign currency exchange rate pressures on the domestic currency — the ZiG, financial analysts, Fincent Securities have said.Advertisements ZiG month-on-month inflation recorded a drastic drop in the final quarter of 2024 tumbling from 37,2 percent in October to 11,71 percent in November and…
Advertisements FBC Securities has called on policymakers and businesses to foster an environment conducive to long-term financial instruments such as infrastructure bonds, corporate bonds, and public-private partnerships (PPPs), to mobilise long-term capital and address structural financial challenges.Advertisements In its 2025 Outlook report, FBC warned that the reliance on short-term funding for long-term obligations is a…
Advertisements ZIMTRADE has urged horticultural farmers and traders to certify their produce in order to strengthen Zimbabwe’s position as a key exporter to the European market.Advertisements The global demand for organic produce continues to grow, driven by increasing consumer awareness of health, sustainability, and environmental concerns.However, accessing these lucrative markets requires compliance with strict certification…
Advertisements THE struggles of Zimbabwe’s formal retail sector are more than just a tale of declining sales and closures, they are a harbinger of deeper economic troubles if systemic issues, particularly currency instability, are not addressed.Advertisements The plight of major retailers like TM Pick n Pay, OK Zimbabwe, and FoodWorld, as detailed in our page…
Advertisements Erling Haaland has signed an extraordinary new nine-and-a-half-year deal with Manchester City.Advertisements The 24-year-old superstar has committed his future to the club until the summer of 2034 in what is thought to be one of the most lucrative sporting deals in history talkSPORT understands Haaland’s new basic salary makes him the first ever Premier League player…
Advertisements Chicago Fire are in talks over a surprise move to bring Brazil striker Neymar to Major League Soccer.Advertisements The 32-year-old is out of contract with Al-Hilal in the summer after two years in the Saudi Pro League. The Eastern Conference side would be able to make the deal work financially and negotiations are continuing…
Advertisements Two-time champion Naomi Osaka is out of the Australian Open after she was forced to retire injured from her third-round match against Belinda Bencic.Advertisements Japan’s Osaka was playing in the third round of a Grand Slam for the first time since returning from maternity leave last year. The four-time major winner stormed to a…
Advertisements Top seed Aryna Sabalenka continued her bid for a third consecutive Australian Open title with victory over Denmark’s Clara Tauson in straight sets.Advertisements The 26-year-old Belarusian was made to work for her 7-6 (7-5) 6-4 win on Rod Laver Arena but secured victory in two hours six minutes to progress to the fourth round.…
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