finance

SA’s top anti-trust adjudicating body on Monday confirmed a nearly R400 million settlement agreement between Unilever and competition authorities over the alleged market division of margarine. The order will see …

NATIONAL Foods says it has adequate stocks of raw materials and is not worried about the expected El Niño weather conditions impacting its products’ availability. Zimbabwe is expected to receive …

THE Insurance and Pensions Commission (Ipec) has urged life assurers to continuously strengthen their balance sheets to withstand exogenous shocks. In its latest report on the sub-sector, Ipec has implored …

SUGAR producer Hippo Valley Estates says it is optimistic about sugar output in the upcoming season despite expectations of El Niño conditions. It comes as the Tugwi-Mutirikwi and Manyuchi water …

BRITISH American Tobacco Zimbabwe (BAT) says it continues to show resilience despite pressure from the demanding operating environment, which is threatening business viability. This comes as the cigarette manufacturer resolved …

NATIONAL Tyre Services Limited (NTS) says it has closed four branches due to underperformance and locational challenges. The tyre distributor and retailer said it has started recording some growth and …

VICTORIA Falls Stock Exchange (VFEX)-listed diversified manufacturer, Zimplow Holdings, says it is resetting itself to assert its status as the supplier of choice for agriculture, mining, infrastructure, and automotive equipment …

THE lack of clarity around the government’s de-dollarisation roadmap risks damaging confidence in the Zimbabwe dollar when the local unit is adopted as the country’s sole trading currency, experts have …

DAIRIBORD Holdings (Dairibord) says volumes sold in foreign currency peaked at 92 percent in July 2023, a trend that is expected to persist into the future as Zim dollar liquidity …

COMPENSATION to pension fund scheme members and insurance policyholders for losses suffered when the Zimdollar was demonetised in 2009 is set to begin next year after the government laid down …