BRICKMAKER Willdale expects to pocket US$16,6 million before costs from the sale of unutilized pieces of land with proceeds to be channelled towards increasing capacity and subsequently profitability. Advertisements This …
finance
-
Companies & Markets
-
PPC has reported that its capital expenditure for the current fiscal year is trailing behind forecasts due to a delay in the completion of the fly ash project at its …
-
TSL is pioneering a new tobacco curing system aimed at addressing deforestation challenges. Advertisements The rise of tobacco as a cash crop in Zimbabwe has had detrimental effects, with the …
-
PLAYERS in the horticulture sector are poised to export 6 000 tonnes of avocados this year, buoyed by improved production.Advertisements As Zimbabwe’s horticulture industry undergoes revitalisation, government policies aimed at …
-
THE Consumer Council of Zimbabwe (CCZ) has assured the country of the availability of mealie-meal, even in the face of an El Niño-induced drought and escalating input costs that have …
-
CFI Holdings (CFI) has outlined plans to make broader cost cutting initiatives across its business operations as well as diversifying its agro-focused retail unit to minimize exposure to a major …
-
PADENGA Holdings says its crocodile business has returned to optimal skin volume production at improved quality placing it in a strong position to maximise skin sales realisations. The rebound follows …
-
MICROLENDERS are urging the government to bolster incentives for businesses targeting the youth, a move they believe will catalyse job creation and foster sustainable growth. Advertisements Despite demonstrating their potential …
-
Companies & Markets
Insurers grapple with IFRS 17 implementation challenges
by Omega Ukamaby Omega UkamaIN a recent conversation with The Financial Gazette’s Omega Ukama, ZIMRE Holdings’ senior group finance manager, Tafadzwa Mushayi, shed light on the implications of Zimbabwe’s recent transition to IFRS 17. …
-
THE property market is grappling with a liquidity crunch, a situation that has been identified as the primary challenge currently plaguing the sector. Advertisements Liquidity tightening, a scenario where cash …
