HWANGE Colliery Company (Hwange) says it has taken decisive action to suspend underground mine production for the next six months. The move aims to prevent coal losses due to spontaneous …
finance
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PIPING products manufacturer Proplastics has earmarked US$1,3 million for capital expenditure this year, a substantial 325 percent increase from the previous year. The move aims to enhance capacity and meet …
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DAIRIBORD Holdings (Dairibord) has intensified its commitment to rigorous cost containment measures in response to the ongoing market turbulence. Price volatility, exchange rate fluctuations, and liquidity challenges characterise the current …
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GOVERNMENT says it is currently reviewing the share trading suspension of Old Mutual Zimbabwe and PPC Zimbabwe on the Zimbabwe Stock Exchange (ZSE) which has been in effect for close …
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THE Reserve Bank of Zimbabwe (RBZ) says the challenges encountered by formal business operators regarding the statutory 10 percent trading margin on the official exchange rate for instore use will …
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RAINBOW Tourism Group Limited (RTG) has announced a strategic partnership with Switzerland-based hospitality group, Grand Metropolitan Holdings BV (GMH). The collaboration aims to establish multiple joint ventures, primarily in the …
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BUSINESS has been cheered by the launch of the country’s new currency, the Zimbabwe Gold (ZiG), as well as the raft of other measures that were taken by the central …
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SEVERAL listed companies have postponed the publication of their full-year results for FY 2023, primarily attributing the delay to technical issues related to audits. However, affected firms have been granted …
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EXPERTS say the Reserve Bank of Zimbabwe (RBZ)’s adoption of a market-determined ex – change rate could ensure price stability if consistently implemented. New RBZ governor, John Mushayavanhu, announced the …
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THE Reserve Bank of Zimbabwe’s (RBZ) recent interest rate cut could stimulate economic activity by increasing loan demand, financial and banking industry players say. This development follows the recalibration of …
