OK Zimbabwe (OK Zim) called on the government to remove a 2022 law that limits in-store pricing margins based on the official exchange rate. The law has agonised retailers because …
finance
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NATIONAL Foods (NatFoods) says it is adequately stocked to meet heightened demand usually associated with festive season. This comes amid widespread doubts over business’ preparedness for the season given the …
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INDIAN truck manufacturer Ashok Leyland has sealed a new distribution deal with Tsapo Group. Ashok Leyland is the flagship company of the Hinduja Group and a top commercial vehicle manufacturer …
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ZIMBABWE’S power imports increased by 13,1 percent to 425,5 gigawatts (GWh) during the third quarter of 2023, according to ZimStats. Zimbabwe’s peak electricity demand is 1 850MW, but generation capacity …
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THE Revitus Property Opportunities Real Estate Investment Trust raised $48,6 billion through its initial public offering (IPO), fund administrator CBZ Asset Management has said. The offer, which opened on November …
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THE Zimbabwe Energy Regulatory Authority (Zera) says fuel prices could keep falling in Zimbabwe if global relief persists. It comes as local prices have been on a downward trend since …
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ZIMBABWE’S inaugural State of Services Economy Survey (SOSES) found some gaps within various sectors of the country’s economy.
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BUSINESS executives are increasingly losing confidence about the future trajectory of Zimbabwe’s economy, driven mainly by continued macroeconomic instability, a new survey shows. According to the CEO Africa Roundtable (CEOART), …
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THE mining business confidence index from a recent industry report paints a gloomy backdrop for the sector as 2023 draws to a close. Last year, the index was at 9,4 …
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PUMA Energy Zimbabwe is set to expand its retail network and storage facilities under a US$30 million investment over the next three years. This, the company said, is in anticipation …
