ECONET Wireless (Econet) says viable pricing of telecommunication services remains a key factor for the continued growth and sustainability of the industry. In a statement accompanying the company’s financial statements …
finance
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ZIMBABWE’S trade deficit narrowed by 26,4 percent to US$69,6 million in October, as exports rose faster than imports, latest data from the Zimbabwe National Statistics Agency (ZimStat) shows. The country’s …
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VICE President Kembo Mohadi says economic and policy think-tanks have a critical role to play in economic development by providing alternative and evidence-based policy proposals. Mohadi made these remarks as …
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NATIONAL Foods has invested US$26 million over the past two financial years, which has seen the group moving up the value chain to produce a broader range of products. The …
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PADENGA Holdings (Padenga) says it is engaging the Reserve Bank of Zimbabwe after the lowering of the foreign currency retention threshold from 85 percent to 75 percent to ensure business …
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THE Zimbabwe Energy Regulatory Authority (Zera) says it is lobbying Treasury to scrap value-added tax (VAT) on renewable energy products and energy-efficient merchandise to boost local power generation. Solar and …
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CAFCA, Zimbabwe’s only cable manufacturer, is looking to expand its export market by entering new frontiers as well as strengthening its presence in the countries it operates in. The strategic …
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SIMBISA Brands (Simbisa) is eyeing entering into forward foreign contracts with banks and where practicable use local suppliers to substitute imported raw materials to limit the impact of exchange rate …
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CONSTRUCTION firm Masimba Holdings says the recent multi-currency regime extension will unlock opportunities in infrastructure development. The government extended the term of the currency system from 2025 to 2030. “We …
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THE African Union’s InterAfrican Bureau for Animal Resources (AU-IBAR) has begun engagements with the local finance and insurance sector to capacitate women-run livestock businesses with appropriate resources. AU-IBAR is the …
