THE price of Seed Co’s shares has more than doubled on the Zimbabwe Stock Exchange (ZSE) since the company announced plans to move to the Victoria Falls Stock Exchange (VFEX) a fortnight ago. On January 18, the seed processor urged caution in the trading of its shares, stating that its directors had approved the migration…
PLATINUM Group Metals (PGMs) output at the Shurugwi-based Unki mine increased 13 percent to 232 100 ounces in 2022 from 204 600 ounces in 2021, but fell in the fourth quarter, according to parent company Anglo American. The miner’s fourth quarter PGM production was down 17 percent at 52 600 ounces compared to 63 200…
AUSTRALIA-LISTED exploration and development company, Prospect Resources, says it has begun a phase two drilling programme at its Step Aside lithium project. The company is aiming for 2 000m of step-out drilling to test the lateral and vertical extents of the three largest observed pegmatites at the project. “While still early-stage, our objective at Step…
NATIONAL Building Society (NBS) says it will this year expand its branch network as it diversifies its portfolio of investments. Apart from the housing delivery mandate, NBS established a corporate banking unit in the second half of 2022, which attracted interest from corporates who sought to benefit from the bank’s corporate mortgage schemes. The bank…
HOSPITALITY group, Africa Albida Tourism (AAT), says it is optimistic about its destination occupancy levels as it has recovered up to 70 percent of the 2019 occupancy figures. General manager Anald Musonza told The Financial Gazette that the group’s occupancy rates are showing impressive improvement despite it being low season in the tourism sector. “For…
CONTANGO Holdings says its wash plant will be able to generate 20 000 tonnes of washed coking coal each month once it has been calibrated and is working effectively. The London-listed natural resource company is developing the Lubu Coking Coal Project in Hwange, Zimbabwe. In an update, the miner said the wash plant arrived on…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-288362.mp3?cb=1732293709.mp3A fiscal tax invoice has always been known to be a document provided by a registered operator and central to the claiming of input tax. Not only does it act as evidence of the supply of goods or services, but is also an essential document for the recipient to claim input tax on their VAT…
THE American Chamber of Commerce in Zimbabwe (AmCham) says Zimbabwe is increasingly being noticed as an attractive investment destination after enduring international isolation since the 2000s. This comes as Zimbabwe is embarking on a massive re-engagement drive aimed at ending the country’s isolation and attract foreign investment. “The launch of the AmCham is a very…
THE Insurance Council of Zimbabwe (ICZ) says vehicle insurance compliance remains low in the country. ICZ head of operations Nicholas Sayi told a recent indaba that both private and public transport vehicles were not complying with insurance requirements. “Regrettably, compliance is very low. Our last computation was that for public service vehicles, I think we…
With the Consumer Protection Commission (CPC) now in full swing, our News Editor Tendai Kamhungira (TK) sat down with the commission’s CEO Zororo Muranda (ZM) to discuss its mandate as well as its future plans. Below are excerpts from the interview: TK: Congratulations on your new position! Can you kindly tell us what is the…
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