BUSINESS is dismayed that authorities continue to approve power utility Zesa Holdings (Zesa)’s electricity tariff hikes without ensuring increased energy supply in the country. At the same time, worried captains …
finance
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THE United Nations (UN) resident and humanitarian coordinator, Edward Kallon, says Zimbabwe needs access to global finance to boost industrialisation. Kallon made the remarks at the Confederation of Zimbabwe Industries’ …
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THE Zimbabwe Mercantile Exchange (ZMX) says it is set to benefit from the African Continental Free Trade Area (AfCFTA)’s standardisation and mutual recognition of commodity grades, and prices. AfCFTA, the …
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A GLOOMY investment environment, inadequate foreign exchange, and infrastructure bottlenecks have been noted as key variables weighing down confidence in the mining sector. This also comes as anxiety is mounting …
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AFRICAN Distillers Limited (Afdis) reported a US dollar turnover of US$25,7 million during the half year ended September 30, 2023, buoyed by competitive pricing and election spending. The wines and …
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STEWARD Bank (Steward) recorded a 48 percent decline in net interest income to $10,5 billion for the half year ended August 31, 2023, owing to tight liquidity conditions. This comes …
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EDGARS Stores (Edgars) “continues to remodel its business to capitalise on opportunities” that arise in the uncertain operating environment. This comes as the clothing manufacturer reported a 14,8 percent decline …
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OK ZIMBABWE says it will be branding its financial services unit to Vimbai Capital, as the group continues to expand and diversify its income streams. “We want to expand on …
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SIBANYE-Stillwater (Sibanye) says platinum, palladium, rhodium and gold 4E PGM production from its local unit, Mimosa Mining Company (Mimosa), was one percent higher than prior period at 29 060 ounces, …
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THE US dollar prices of basic food and non-food commodities in Zimbabwe are expected to remain stable in the short to medium-term, a new report has said. In its latest …
