ZIMRE Holdings (Zimre) says it recently invested over US$2 million in Mozambique and is now focusing on Zambia, where it aims to meet local ownership requirements. Previously, the group stated …
finance
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SHELTER Afrique Development Bank (ShafDB) has extended a US$15 million credit facility to CBZ Bank for housing development and mortgage origination.
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THE Zambezi River Authority (ZRA) is exploring the construction of additional dams at Batoka, Devil’s, and Mupata gorges, with the potential to add over 4 500 megawatts (MW) of power …
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ASSAY results from diamond drilling at Kavango Resources’ Nara Gold Exploration Project confirm the presence of a gold mineralised system with significant mining potential. Higher gold grades exceeding five grams …
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FIDELITY Life Assurance of Zimbabwe (Fidelity) says its various investments have surpassed the seven percent return threshold resulting in improved policy and share-holder value. The group has been supporting land …
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ZIMRE Holdings (Zimre) says it is tackling rising acquisition costs by promoting direct sales and streamlining operations to improve profitability. In insurance parlance, acquisition costs refer to direct costs an …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-307020.mp3?cb=1732287505.mp3Introduction to VAT Reforms: Effective 1 August 2024, Zimbabwe has proposed substantial reforms to its VAT system, exempting certain products to bolster economic growth and improve the affordability of essential …
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THE Zimbabwe National Chamber of Commerce (ZNCC) has called on Harare to strategically balance its ambitious industrialization drive with sustainable practices. ZNCC President Tapiwa Karoro emphasized that while industrialisation holds …
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ZIMBABWE’S dairy sector, despite achieving remarkable growth in milk production, is struggling to access the working capital needed for further expansion and efficiency improvements. The Zimbabwe Dairy Industry Trust chairperson, …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-306862.mp3?cb=1732287894.mp3THE zero rating of gold supplies for mining companies marks a significant policy shift in Zimbabwe’s tax regime. This change, introduced through Statutory Instrument 105 of 2024, aims to alleviate …
