COTTCO Holdings (Cottco) expects to break even by the end of its fiscal year in March 2024, despite facing challenges caused by the El Niño weather phenomenon and tight liquidity …
finance
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STATE-owned telecoms operator NetOne is confident it will maintain its market position despite the impending arrival of Starlink, Elon Musk’s satellite internet service provider. The company believes its offerings cater …
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THE Zimbabwe Stock Exchange (ZSE) is likely to experience a mixed bag of results in 2024, with the El Niño-induced drought posing a significant challenge to agriculture-focused companies, according to …
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NATIONAL Tyre Services (NTS) is targeting a full business recovery in the second half of the year following a series of cost-cutting initiatives. The firm saw a 106,25 percent rise …
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AUTHORITIES need to do more to protect local businesses and to make them more competitive, captains of industry and commerce say. Speaking to The Financial Gazette this week — after …
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SEED CO says the delayed rains in the 2023/24 agricultural season, which led to an increase in demand for small grains, hold a significant potential to claw back annual sales …
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STEWARD Bank is set to become a standalone listed entity as its parent, EcoCash Holdings, prepares to transfer its non-banking assets back to Econet Wireless Zimbabwe (Econet). This move marks …
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ZIMBABWE’S packaging industry, grappling with outdated equipment and fierce competition, requires a US$100 million shot in the arm to remain relevant, according to a recent report. The industry, crucial for …
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ZIMBABWE’S government could face significant challenges funding its spending in 2024, with dwindling access to local financing due to the country’s deepening dollarisation, research firm Imara Investing in Africa (Imara) …
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KHAYA Cement, formerly Lafarge Cement Zimbabwe, recorded a 117 percent increase in volumes during the half year to June 30, 2023, attributable to the restoration of its mill and the …
