AFC Holdings’ mooted US$10 million agro-bills for financing the 2023/24 summer cropping season have been given prescribed asset status by the government. In a note, the diversified financial institution said …
finance
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ZIMBABWE’S investment performance in 2024 will be heavily influenced by inflation expectations, fuelled by a depreciating local currency and persistent political and economic uncertainties, the Old Mutual Investment Group (OMIG) …
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ZIMBABWE’S dairy industry is experiencing a boom, with milk output in November 2023 reaching a record high of 9,32 million litres. This 15 percent increase over the same period in …
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THE Reserve Bank of Zimbabwe’s (RBZ) says its foreign currency auction system has allotted US$4,12 billion, since its launch in June 2020, to local businesses and individuals, primarily for raw …
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ECONET Wireless Zimbabwe (Econet) is in talks with its fintech offshoot EcoCash Holdings (EcoCash) for a potential restructuring that could see the transfer of some non-banking assets to the parent. …
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THE significant rainfall that the country has received since the end of last year is good news for the farming sector and the economy as a whole. As a result, …
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ZIMBABWE-FOCUSED gold producer Caledonia Mining Corporation (Caledonia) says it expects to maintain the same production levels achieved last year, in 2024 at Blanket Mine in Gwanda. The Victoria Falls Stock …
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THE Zimbabwe Revenue Authority (Zimra) says the implementation of its new domestic Tax and Revenue Management System (TaRMS) is 80 percent complete. TaRMS is designed to address significant shortcomings under …
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CFI Holdings (CFI) says it will maintain its efforts to resolve all issues affecting its interests in its land banks to make way for progressive, orderly infrastructure development and service …
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THE Chamber of Mines of Zimbabwe (CoMZ) has written to Mines minister Zhemu Soda pleading for a rethink on some of the recently introduced tax measures targeting the mining sector …
