HOSPITALITY giant Rainbow Tourism Group (RTG) has significantly increased its support for local suppliers, spending a staggering $28,26 billion in 2023, a 232 percent increase from the $8,52 billion spent …
finance
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STATE-OWNED telecommunications company, TelOne is investing US$31,1 million this year in network and technology infrastructure enhancements amid widespread concerns over Starlink’s expected disruption of its present business model. The company …
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THE Zimbabwe Revenue Authority (Zimra) has reported a significant increase in the interception of prohibited goods, seizing items worth US$725 423 in 2023 alone. This represents a 101 percent increase …
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FIRST Mutual Properties (FMP) says construction of its US$6 million Arundel Office Park block will be complete by September this year and expects a rental yield of either 7 or …
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HOSPITALITY firm Rainbow Tourism Group (RTG) says it has so far realised US$500 000 in profit from operations during the first five months to May 31, 2024, surpassing earlier projections. …
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VICTORIA Falls Stock Exchange (VFEX)-listed diversified manufacturing firm Zimplow Holdings (Zimplow) is optimistic about the second half of the year (H2) despite a difficult start as it anticipates reaping the …
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THE Zimbabwe Revenue Authority (Zimra) has collected ZiG34.4 billion in revenue, underpinned by improved compliance and policy reforms. The country’s resource mobilisation strategy is currently focused on the ordinary citizen …
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ZIMBABWE’S liquefied petroleum gas (LPG) consumption soared by 65 percent to 6,52 million kilogrammes (kg) in May 2024 compared to the same month in 2023, according to the latest data …
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DESPITE the impact of the El Nińo-induced drought, dairy industry players in Zimbabwe anticipate a 13,2 percent increase in milk production, reaching 113 million litres in 2024. While production rose …
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OLD Mutual Zimbabwe (OMZ) says the demand for real estate investments remains high, with a focus on sustainability. The diversified financial services group recently launched a US$12 million upmarket housing …