AVM Africa, a long-established Zimbabwean bus manufacturer, has outlined a bold revitalisation strategy targeting a return to its prior capacity of 50 buses per month. The plan hinges on a …
finance
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THE Mukuyu Field, operated by Australian explorer Invictus Energy, has secured prominent recognition as the second-largest discovery in Sub-Saharan Africa for 2023, according to a leading energy consultancy, Wood Mackenzie. …
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EVERSHARP volumes rose 19 percent to 15,18 million units in the first quarter ended December 31, 2023 attributed to improved product availability. It also comes as the business increases its …
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NATIONAL Tyre Services (NTS) is optimistic that the new regulations on tax introduced by the government to enforce compliance will minimise unfair competition in the market. The government recently introduced …
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ZIMBABWE Stock Exchange (ZSE)-listed financial services giant, ZB Financial Holdings, yesterday unveiled an innovation hub as part of the group’s ongoing digital transformation journey. Speaking at the launch of the …
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NAMPAK Zimbabwe (Nampak) saw a reduction in spending for the first quarter ending December 31, 2023 owing to lower cash levels from last year’s two interim dividend payouts. In FY …
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A BILL introduced in the US House of Representatives seeking to review relations with South Africa has prompted warnings from analysts about potential economic repercussions for the Southern African Development …
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MARKETS are anxiously awaiting the release of the Reserve Bank of Zimbabwe’s (RBZ) impending monetary policy statement (MPS), amid the escalating currency and inflation crisis. This comes as the Zim …
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THE Zimbabwe Construction Industry Association has expressed optimism that the sector’s growth in 2024 will surpass that of the previous year. In an interview with The Financial Gazette, the association’s …
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FITCH Solutions warns that Zimbabwe’s persistent currency volatility poses a significant threat to banks’ asset quality in 2024. The risk stems from the inflationary impact on borrowers’ ability to service …
