THE lack of a robust saving culture in Zimbabwe, according to the Treasury, is one of the major missing links in the country’s economic development. The country’s turbulent economic history, …
finance
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ARISTON Holdings (Ariston) recorded a 34 percent decline in tea production volumes to 2 427 tonnes in the year ended September 30, 2023, owing to 20 percent of the lowest-yielding …
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FOREIGN investors’ activity on the Zimbabwe Stock Exchange (ZSE) remained heavily skewed towards selling in 2023, with a net disposal of $39 billion. Analysts attribute this trend to unfavourable policies …
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THE Zimbabwe Stock Exchange remained relatively quiet in 2023 as regulations enacted in 2022 to discourage speculation continued to bite. The All Share index closed Wednesday with year-to-date gains of …
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EDGARS Stores (Edgars)’s sales volumes have remained firm despite widespread concerns of falling demand within the economy. In a trading update for the nine months to October 8, the clothing …
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THE Institute of Chartered Accountants of Zimbabwe (Icaz) says its members are well-placed to assist non-profit organisations (NPOs) fulfil audit requirements. Icaz president Manyara Chigunduru made these remarks at the …
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STARAFRICA Corporation (Starafrica) says 70 percent of its revenue over the past five months was in US dollars. This comes as more companies have been reporting an increase in US …
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ZIMBABWE’S economy grew by 1,3 percent during the third quarter of 2023, latest figures from ZimStat show. The national statistics agency said the main drivers of economic activity during the …
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THE country’s informal sector is set to expand even further as business struggles to survive the competition, a new report by the Zimbabwe National Chamber of Commerce (ZNCC) says. The …
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THE Securities and Exchange Commission of Zimbabwe (SecZim) says there are unclaimed shares worth about $13 billion on the country’s markets. The regulator said it would eventually move unclaimed holdings …
