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 …
finance
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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 …
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Companies & Markets
Willdale expects improved profitability …as shareholders approve plans to develop and sell off idle land
BRICKMAKER Willdale expects to pocket US$16,6 million before costs from the sale of unutilized pieces of land with proceeds to be channelled towards increasing capacity and subsequently profitability. This follows …
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PPC has reported that its capital expenditure for the current fiscal year is trailing behind forecasts due to a delay in the completion of the fly ash project at its …
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TSL is pioneering a new tobacco curing system aimed at addressing deforestation challenges. The rise of tobacco as a cash crop in Zimbabwe has had detrimental effects, with the devastation …
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PLAYERS in the horticulture sector are poised to export 6 000 tonnes of avocados this year, buoyed by improved production. As Zimbabwe’s horticulture industry undergoes revitalisation, government policies aimed at …
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THE Consumer Council of Zimbabwe (CCZ) has assured the country of the availability of mealie-meal, even in the face of an El Niño-induced drought and escalating input costs that have …