THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) says Zimbabwe’s active mobile telephone subscriptions were down by 100 000 during the second quarter of 2023 to 13,95 million. The …
finance
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THE government says the recently commissioned 300 000 tonne Sabi Star Mine flotation plant is a significant step towards the fulfillment of the Mapinga mines-to-energy park grand plan. A memorandum …
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CBZ Holdings says it is looking into potential acquisitions with other financial institutions after tying up its merger with First Mutual Holdings (FML). CBZ acquired 31 percent of FML, giving …
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FARMERS say land tenure should be finally resolved to unlock private sector funding, as President Emmerson Mnangagwa settles into his second term in office. This comes as Mnangagwa has set …
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THE National Competitiveness Commission (NCC) says it is working on a strict institutional regulatory impact assessment to improve the ease of doing business climate in Zimbabwe. It comes as the …
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ZIMBABWE’S biggest mortgage lender, CABS, posted a net surplus of $428,82 billion for the half year ended June 30, 2023 buoyed by an increase in net interest income. The society’s …
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ZB FINANCIAL Holdings (ZBFH) says banks in Zimbabwe have had to rely more on non-funded income as a result of a tight monetary policy that has seen interest income declining …
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THE Confederation of Zimbabwe Industries (CZI) has urged the government to be wary of inadvertently forcing full dollarisation through its tight squeeze on Zimdollar liquidity.The local currency’s accelerated depreciation in …
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THE People’s Own Savings Bank (POSB) is confident that its performance will remain satisfactory in the second half of 2023, as it continues to grow its customer base and deposits, …
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ECOBANK says it is confident of current government efforts to stabilise the economy, as it commences work on a new head office in Harare. The Pan African financial institution said …