LOCAL bus manufacturer AVM Africa (AVM) says it misses the business it used to get from the government, which saw it producing a bus daily. Now, the company produces five …
finance
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Taxpayers are required by law to give sensitive information of their businesses to revenue authorities, such as their income, expenditures and business operations. Tax returns, assessments and other correspondents or …
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THE Zimbabwe Energy Regulatory Authority (Zera) says low water levels at Kariba Dam have seen the country’s energy mix getting less sustainable with increased reliance on coal.
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MEIKLES says it cannot assess possible performance for its forthcoming financial year due to the country’s inflationary environment. In a statement accompanying the group’s 2023 annual report, chairman John Moxon …
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BRITISH American Tobacco Zimbabwe (BAT) says it recorded a 120 percent turnover growth during the nine months ended September 30, 2023 underpinned by strategic pricing decisions. The cigarette manufacturer, however, …
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RAINBOW Tourism Group (RTG) says it is constantly pursuing the expansion of its hotel portfolio, capitalising on its debt-free financial position. This comes as the hotelier allocated $2,6 billion (equivalent …
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SIMBISA Brands (Simbisa) says it embarked on an organisational restructuring exercise during the year ended June 30, 2023 with a brand-focused approach. The Victoria Falls Stock Exchange-listed group said as …
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THE Confederation of Zimbabwe Industries (CZI) says the manufacturing sector’s negative performance reflects a gap between government policy measures and set National Development Strategy 1 goals. CZI president Kurai Matsheza …
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THE Zimbabwe Investment and Development Agency (Zida) says the energy sector was the peak of new investment in the third quarter of 2023, as six projects worth US$2,8 billion were …
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BOTH industrial hemp and medicinal cannabis producers still have a huge task of convincing the financial sector to fund production costs due to legal and perception hurdles, experts say. Zimbabwe …
