THE Ministry of Industry says the automotive industry is operating at below five percent capacity utilisation levels, weighed by heightened competition from imported used vehicles. Industry Minister Mangaliso Ndlovu said …
finance
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THE government is exploring strategies to broaden its tax base and enhance digital tax collection mechanisms in a bid to curb widespread tax evasion. Speaking at the National Assembly, Deputy …
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CAFCA is reconfiguring its export operating model by transitioning to direct sales and scrapping distributors from previous consignment stocks as it seeks to efficiently utilise limited working capital.The Zimbabwe Stock …
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DAIRIBORD Holdings (Dairibord) recorded a significant increase in foreign currency earnings during the first quarter to March 31, 2025 driven by exports, which grew 36 percent from the comparable period …
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THE government anticipates that sustained monetary policy and exchange rate stability will elevate investor sentiment and attract foreign direct investment (FDI) into the country. The country’s investment profile has been …
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THE Victoria Falls Stock Exchange (VFEX) is of strategic importance in attracting investment and boosting the country’s economic growth, Finance Minister Mthuli Ncube has said.Speaking at the listing of the …
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ZIMBABWE’S decision to provide land tenure security could encourage joint-venture capital inflows from foreign investors, which could increase production and agricultural sector growth, the European Union (EU) says. This comes …
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ZIMASCO chief executive, John Musekiwa, has been elected president of the Chamber of Mines of Zimbabwe. His election took place yesterday at the 86-year-old member-based organisation’s annual general meeting on …
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ZECO Holdings says its first quarter to March 31, 2025 financial performance was adversely impacted by elevated production and operational costs, mounting pressure on profit margins.The ZSE-listed engineering firm recently …
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Zimre Holdings posted a profit of US$1,69 million during the first quarter to March 31, 2025 up 203 percent above prior year driven by growth in revenue and investment income.Total …
